This paper has presented Core DAO, the decentralized network that we believe will serve as the nucleus ofWeb 3. Our consensus mechanism, Satoshi Plus, combines PoW and DPoS to resolve the oft discussed “Blockchain Trilemma”. Our improvements in regards to scalability, security, efficiency, and decentralization alongside our EVM compatibility unlock the power of decentralized applications for everyone - developers, users, etc.
CORE, the base layer currency of the Core network, will be overseen by the DAO. Through its provable scarcity, contraction mechanism, governance, etc. CORE aims to become both the value accrual and usability layer for all decentralized applications.