“GM Radio” Next time, “CoreDAO” that utilizes BTC and ETH technology will participate

19th GM Radio held

The 19th GM Radio will be streamed on Wednesday, April 5th at 12:30 on the CP_Global Twitter space. Our guests this time are Max Power from the Special Projects division at LayerZero Labs, and early CoreDAO contributors Brendon Sedo and Denali Marsh.

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LayerZero Labs has also been invited to GM Radio’s 1st and 4th editions, so this will be their third participation.

connection: 4th “GM Radio” held, guests are DeFi Kingdoms executives

The company is a startup that develops inter-blockchain solutions. We are developing a communication protocol “LayerZero” to enhance the interoperability of existing blockchains.

In the blockchain field, while many blockchains such as Ethereum (ETH), Polygon (MATIC), Avalanche (AVAX), and Solana (SOL) have been created, interoperability is still one of the issues. ing.

LayerZero is an epoch-making protocol developed to solve this problem. LayerZero allows smooth transfer of digital assets to another blockchain without the need to lock assets within the protocol when bridging crypto assets (virtual currencies).

In March 2010, the LayerZero project was able to raise funds from a sharp-eyed major VC (venture capital) such as a16z and Sequoia Capital. This project is attracting a lot of attention from individual investors.

connection: What is Blockchain Interoperability Protocol “LayerZero”?

Introducing CoreDAO

As the name suggests, CoreDAO is a decentralized organization that anyone can participate in. Our mission is to build the strongest and most inclusive Web3 community.

Specifically, we developed a blockchain called “Core” that introduced a consensus mechanism called “Satoshi Plus”. The purpose of CoreDAO is to build the Satoshi Plus ecosystem.

Core Blockchain has already launched mainnet. According to its official website, as of this writing, it has 4 million addresses and has processed 30 million transactions so far.

The consensus mechanism of Satoshi Plus is developed by combining “Proof of Work (PoW)” and “Delegated Proof of Stake (DPoS)”. Core is a blockchain that utilizes the hash rate of Bitcoin (BTC) mining and is compatible with the Ethereum virtual machine (EVM).

Due to EVM compatibility, dApps (decentralized apps) on Ethereum can be easily deployed on Core. And we used the Bitcoin mechanism for decentralization and security. CoreDAO claims that “Satoshi Plus is the only truly decentralized consensus in the Web3 realm.”

The title of this distribution is “Use of Bitcoin and Ethereum”. Guests will be asked questions about how Core works, how it differs from other blockchains, the role of the CORE token, and its relationship with LayerZero.