Core Chain: Unlocking $1T in Bitcoin Value - TOKEN2049 Dubai 2024
Explore the groundbreaking insights from TOKEN2049 Dubai 2024 with our dynamic session, "Core Chain: Unlocking $1T in Bitcoin Value." The speaker introduces Core, a revolutionary layer-one blockchain powered by Bitcoin and fully compatible with the Ethereum Virtual Machine (EVM). Core aims to unlock over $1 trillion in trapped Bitcoin liquidity by providing opportunities for passive yield generation and a host of applications within the rapidly evolving BTCy ecosystem.
The session revisits the Bitcoin landscape of a decade ago, where options for earning passive yield were limited and risky. The speaker highlights Core's mission to revolutionize Bitcoin's usability by offering non-custodial staking, new decentralized finance (DeFi) opportunities, and innovative applications for Bitcoin holders. Core's Satoshi Plus Consensus combines non-custodial Bitcoin staking with delegated proof of work and stake, ensuring a secure and decentralized network.
Key insights include the alignment of Bitcoin as both an asset and a scalable transaction rail, allowing it to function beyond just a digital store of value. With an emphasis on community-driven development and fair launches, Core fosters inclusivity and encourages participation from Bitcoin holders and developers alike.
Core launched in early 2023 and has quickly become a pivotal player in expanding Bitcoin's utility. With over 15 million addresses, significant transactions, and a thriving ecosystem, Core provides a robust platform for Bitcoin-centric applications.
Join us as we delve into this transformational phase, where Core is poised to reshape Bitcoin's role in the financial system. Like, comment, and subscribe to stay updated on the latest developments in this exciting journey.
