ℹ️ Overview of the Core Network
Core is a high-performance, EVM-compatible Layer-1 blockchain built to bring smart contracts and decentralized applications to Bitcoin. Designed as a complementary platform to Bitcoin, Core leverages Bitcoin-native features like CLTV (Check Lock Time Verify), Bitcoin hash power, and a unique consensus mechanism called Satoshi Plus.
Satoshi Plus combines three elements:
- Delegated Proof of Work (DPoW) — allowing Bitcoin miners to help secure the network and earn CORE rewards.
- Delegated Proof of Stake (DPoS) — where CORE holders stake to support validators and earn rewards.
- Self-Custodial Bitcoin Staking — enabling Bitcoin holders to earn yield by timelocking BTC without relinquishing custody or using bridges.
Core’s key innovations include:
- Trustless Bitcoin Yield through native timelocking
- Enhanced Bitcoin utility and security without altering Bitcoin itself
- EVM compatibility for running smart contracts
- High performance and scalability for real-world dApps
- Dual staking rewards that align incentives between CORE and BTC holders
By transforming idle BTC into a productive asset and integrating it into a scalable smart contract ecosystem, Core aims to unlock Bitcoin’s full potential in Web3.
