Deep Dive
1. Technology & Architecture
Core uses Satoshi Plus Consensus, a blend of Bitcoin’s Proof-of-Work (mining hash power) and delegated Proof-of-Stake (DPoS). This hybrid model allows Bitcoin miners and CORE stakers to secure the network while maintaining Ethereum Virtual Machine (EVM) compatibility. Developers can deploy Ethereum-based dApps on Core with minimal changes, leveraging Bitcoin’s security and Ethereum’s flexibility.
Key innovations include Bitcoin timelocks for staking, where users lock BTC directly on the Bitcoin blockchain to earn CORE rewards without third-party custody risks.
2. Bitcoin Integration & Use Cases
Core positions itself as a Bitcoin DeFi hub, enabling native yield generation for BTC holders. Features include:
- Dual Staking: Boost rewards by staking both BTC and CORE.
- Institutional Partnerships: Custodians like BitGo and KODA validate transactions, bridging Bitcoin’s $500M+ staked value into DeFi.
- Native Stablecoins: Projects like AUSD (collateralized by State Street) provide liquidity for Bitcoin-backed financial products.
3. Ecosystem Incentives: Rev+ Model
Core’s Rev+ protocol shares gas fees with stablecoin issuers, dApp developers, and DAOs based on usage metrics (transactions, users, fees). This aligns incentives for builders to grow the ecosystem while earning sustainable revenue—a first for blockchain networks (Cointelegraph).
Conclusion
Core is redefining Bitcoin’s utility by making it programmable, yield-bearing, and interoperable with DeFi—all while retaining self-custody. Its hybrid architecture and Rev+ model create a symbiotic ecosystem for Bitcoiners, developers, and institutions.
What’s next? Can Core’s Bitcoin-aligned approach catalyze institutional adoption of decentralized finance?