Core
What this is
Core is a Layer 1 blockchain that describes itself as a Turing-complete smart contract platform built to bring together Bitcoin's security and Ethereum-compatible programmability in a single network. It positions itself as a Bitcoin sidechain, meaning it is designed to extend what Bitcoin miners and stakeholders can do with their existing infrastructure rather than replace it. The intended audience is developers building decentralized applications who want EVM compatibility alongside a security model anchored to Bitcoin's proof-of-work.
Core uses a consensus mechanism it calls Satoshi Plus, which combines Delegated Proof of Stake with Bitcoin's Proof of Work by allowing Bitcoin miners to signal support for Core validators through their existing block headers, while CORE token holders delegate stake to those same validators. This hybrid election process is meant to let the network inherit a portion of Bitcoin's hashrate security without requiring miners to change their hardware or primary activity. The CORE token is used to pay transaction fees on the network and to participate in the delegated staking that drives validator selection.
The network collected 5.39 USD in fees over the most recent 24-hour period and 194.24 USD over the trailing 30 days, annualizing to approximately 2,363.25 USD based on that 30-day window. Fees are paid by users submitting transactions on the Core blockchain, and the data records a take rate of 100 percent over the trailing 30 days, meaning the protocol retains all fee revenue rather than distributing a portion to liquidity providers or a separate supply side. Supply-side revenue over the trailing 30 days is recorded as 0.00 USD, consistent with that full retention. Fee volume fell 17.2 percent over the last 30 days, and at current levels the annualized fee stream is very small relative to the network's recorded market capitalization of approximately 35.6 million USD.
Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.
