- Chainwire Core is a layer one blockchain that optimally balances decentralization, security, and scalability.
- To tackle the “Blockchain Trilemma”, Core has developed a unique consensus mechanism known as Satoshi Plus.
- Core has a large enthusiastic community and supports Ethereum-based smart contracts.
Chainwire Core Balances Decentralization, Security & Scalability
Chainwire Core is a novel layer one blockchain that synthesizes the superpowers of Bitcoin and Ethereum. Specifically, it optimally balances decentralization, security, and scalability. To achieve this balance, Core has designed a unique consensus mechanism known as Satoshi Plus. This marries the decentralization and security of Bitcoin’s Proof of Work (PoW) with the scalability of Delegated Proof of Stake (DPoS). With this synthesis in place, validators on Core can securely and quickly produce blocks and validate transactions.
Core Supports Ethereum-based Smart Contracts
Continuing to leverage the best features of all blockchains, Core is also EVM-compatible. This allows for the easy implementation of smart contract applications from Ethereum-based chains. The choice of EVM-compatibility results from years of research into other chain trade-offs. This student-like approach allows Core to embody blockchain philosophy centered on decentralization and freedom.
Core Community is Growing
Inspired by philosophy and innovation, Core’s massive and enthusiastic community constitutes over 1.7 million followers on Twitter and over 239,000 members on Discord. Carrying over to on-chain activity, the recent CORE token airdrop was received by over 1.2 million participants making it one of the largest smart contract interactions ever recorded!