Satoshi Core Mining: Usersʼ Reviews Online
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The global participants on the Satoshi CORE Mining has been making insightful and educative reviews about the project.
Satoshi Core will be scarce especially when they start selling. There are 21 validators on core chain and each need minimum of 10,000 core to qualify.
[10,000 x 21 = 210,000] That is 210,000 core off the circulating supply. Wait till at least 50% users delegate their coins to earn stable income and the not too smart holders will sell theirs. Core will be too scarce, and interestingly valuable in the future because almost everyone willing to Delegate large percentage of their assets.
There are two groups of Delegating in the CORE Chain which are: BTC miner and CORE Holders.
BTC miners are Bitcoin miner they need to delegate there BTC Hash power to CORE validators and get rewarded with CORE. Using their public and private keys, BTC miners can delegate their hash power to a Core validator or delegate to themselves if they choose to run a validator by verifying and syncing their identity (addresses) on both the BTC and Core blockchains.
When relayers submit transactions, they sync the blocks mined by the BTC miner with the Core Network. Every round, the Core network calculates the BTC hash power associated with each validator by counting the number of blocks produced by each miner in the BTC network during the same day of the prior week.
CORE Holders are Holders of the CORE currency, the base currency of the CORE chain. All holders of CORE are able to participate in staking by delegating their holdings to a validator.
For clarity purpose, BTC miners are important to CORE chain, why? Because they are also responsible in securing the Core on Bitcoin network via PoW.
In order to have their hash power factor into Satoshi Plus consensus, miners must delegate their hash power to a validator that either they or a third party run. Delegation is a non-destructive act, meaning that by delegating on Core they’re re-purposing their existing work vs choosing between securing Bitcoin and securing Core. That’s the reason we speculate that the developers behind the CORE are BTC miners.
Core Chain MainNet is imminent and highly anticipated worldwide by miners, developers, investors and scammers. Yes, the scammers are real and they love crypto much. For this reason, it is important that we adequately arm ourselves with knowledge and be very security conscious. Remember that the first point of security always starts with you, and that couldn’t be more factual than in blockchain technology and especially now in the ongoing CORE satoshi mining journey.
Satoshi Plus Consensus is a solution to the blockchain trilemma. It combines Proof of Work (PoW) and Delegated Proof of Stake (DPoS) to leverage the strengths of each while simultaneously ameliorating their respective shortcomings. Specifically, Bitcoin computing power guarantees decentralization, the DPoS and leadership election mechanisms ensure scalability, and the entire network holistically maintains its security. Core is the first chain to implement our new consensus mechanism
CORE will achieve the necessary network effects required to create a successful currency and serve as the much needed springboard for broader Web3 adoption.
Satoshi CORE Mining app is verifiably a Decentralised Exchange. Dexs are blockchain-based apps that coordinate large-scale trading of crypto assets between many users. They do that entirely through automated algorithms, instead of the conventional approach of acting as financial intermediary between buyers and sellers. DEX on CORE app is one of the feature to experience alongside Mainnet or some times after Mainnet.
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