1. Project Background CORE (CoreDAO) is a decentralized project based on blockchain technology. Its core purpose is to provide efficient and secure infrastructure for decentralized finance (DeFi) and other blockchain applications through innovative consensus mechanisms and technical architectures. Here are some key points: - Core Technology: CORE adopts an innovative model called **Satoshi Plus Consensus Mechanism**, which combines the advantages of Bitcoin's Proof of Work (PoW) and Delegated Proof of Stake (DPoS), trying to find a balance between decentralization and high performance. - Goal: By improving the performance and security of the blockchain, it will become an efficient public chain compatible with EVM (Ethereum Virtual Machine).
2. **Technical Features** - **Satoshi Plus Consensus Mechanism**: This is one of the highlights of CORE. It attempts to achieve an efficient decentralized network by integrating Bitcoin's computing power and DPoS's verification mechanism. - **EVM Compatibility**: The CORE chain is compatible with the Ethereum Virtual Machine, which means that developers can easily migrate smart contracts and DApps on Ethereum to the CORE ecosystem. - **Cross-chain interoperability**: CORE may support interoperability with other blockchains, improving the breadth and connectivity of its ecosystem.
3. **Application scenarios** CORE aims to become a blockchain platform that supports a variety of decentralized applications. The main application scenarios include: - **Decentralized Finance (DeFi)**: Provide efficient infrastructure to support DeFi protocols, such as decentralized exchanges (DEX), lending platforms, etc. - **NFT and Games**: Support NFT casting and trading, as well as the development of blockchain games. - **Cross-chain Ecosystem**: Connect assets and applications of different blockchains through cross-chain solutions.
4. **Team and Community** - **Team Strength**: The background and strength of CORE's core development team are important factors in evaluating its fundamentals. If team members have rich experience and successful project resumes in the blockchain field, it will add credibility to the project. - **Community Support**: A strong community is an important factor in the success of a project. CORE's community size, activity, and governance participation (such as DAO governance) are all worth paying attention to. - **Partners**: Whether CORE has established partnerships with other well-known projects, institutions or companies is also an important part of fundamental analysis.
5. **Token Economic Model** - **Token Distribution**: Is CORE's token distribution reasonable? Is there too much pre-mining or team share? - **Inflation/Deflation Mechanism**: Does CORE have a clear token issuance mechanism? Is inflation controlled through a destruction mechanism or other means? - **Practicality**: What is the role of CORE tokens in the ecosystem? Are there clear usage scenarios (such as paying handling fees, participating in governance, etc.)?
7. **Competitor Analysis** The field in which CORE is located (high-performance public chain, DeFi infrastructure, etc.) is very competitive, and its main competitors include Ethereum, Binance Smart Chain (BSC), Solana, Avalanche, etc. It is necessary to evaluate whether CORE has unique advantages or differentiated competitive strategies.
8. **Risk Factors** - **Technical Risk**: Is the new consensus mechanism stable? Has it been tested enough? - **Regulatory Risk**: Is CORE likely to be restricted by regulatory policies of various countries? - **Ecosystem Development**: Are there enough developers and project owners willing to join the CORE ecosystem?