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CORE CHAIN
The Decentralization of Bitcoin with the Expressiveness and Composability of Ethereum
Optimal solution for the Blockchain Trilemma
The future cornerstone to the blockchain and crypto world .Satoshi network, technical white paper issued. Fully decentralized/infinitely scalable /100% secure, the only truly decentralized web3.0 in the world.
Background
Crypto’s history follows a pattern: First, a rudimentary, yet pure development kindles a fire of innovation. Then, in order to scale
development pragmatically, compromises are made. That is, until those compromises are no longer necessary. Eventually, a solution arises, synthesizing the purity of the former with the practicality of the latter. Purity, then compromise, until finally a synthesis. Gold, then fiat, until Bitcoin. Web1, then Web2, until Web3. Now, we present the next iteration of this pattern: Bitcoin, then Ethereum, until Core.
Once again, Bitcoin is the system of the sturdiest and most impregnable walls in the blockchain world. And Ethereum is presently the most flourishing neo-nation. Core places the
innovative Ethereum neo-nation within Bitcoin’Ssecure walls.
To boot, this metaphor actually does not go far enough.Despite being indispensable, walls can sometimes be viewed as peripheral protection. For blockchains, security is anything but
peripheral.
For our purposes, Bitcoin functions more like fire, the original energy network of the human race. With Bitcoin’s creation, Satoshi Nakamoto successfully kindled an eternal flame. Since this pure process cannot be repeated, Bitcoin
possesses unique advantages as a security- providing energy source. If the blockchain world wants to remain inextinguishable,Bitcoin must power its security.
Recognizing the difficulty of stoking Bitcoin’seternal embers, we designed a new consensus algorithm to scale Bitcoin’s fire to new heights, functions, and use-cases. Satoshi Plus
consensus will empower Core to unite the cornerstones of crypto (or bring balance to the blockchain world?)by combining the security, soundness and decentralization of Bitcoin with the scalability and interoperability of Ethereum. The result is a Turing complete,EVM compatible blockchain validated by Bitcoin mining hash power, all operating at the core of Web3.
CORE Mining
CORE’s supply has a hard cap of 2.1 billion tokens.These are the primary crypto fuels within the Core blockchain and are used for transaction payments.Their functions and values are similar to Ethereum ETH.There are two ways of mining CORE, you could mine through Satoshi App in the early stage, or become various types of functional nodes to mine after the Main Net is online.
App mining is a creative way to airdrop. Through the simulation of blockchain mining within the app, we have sufficiently resolved the issue of free, fairness and incentives. Everyone can have a chance to get CORE for free by putting some efforts in mining,and we are building consensus through this process. Tremendous amounts of users are like a spider web, forming a giant consensus network covering over 200 countries across the globe. This will build a solid foundation for the Core Main Net and its future
developments.Our intention is enabling as many as possible to obtain CORE for free, Core
blockchain will fairly airdrop 525600000 CORE to global users, this process will last for 2 years, until 12th December 2022. As it is only
permissible to get CORE by being a validator, relayer etc. at a later stage, the mining coins will be extremely scarce, thus app mining is a great chance for ordinary people to obtain CORE with no costs right now. When App mining reaches its last day, the hash power within the app will also vanish (the App itself or any mobile phones cannot be a node), you will have to be a
functional node on the Main Net to obtain CORE.
The decentralized node mining will be active after the Main Net is online, validators and relayers can then start mining. In order to mine, Bitcoin Miners must delegate their hash power to a validator that either they or a third party run, CORE holders must delegate their CORE holdings to validators. Relayers can mine through relaying BTC block headers onto the network.Please refer to the Whitepaper for further details. App mining will run simultaneously with Main Net mining until App mining reaches its last day. The only way to mine by then will be running a
functional nodes on the Main Net.