The Bitcoin Everything Chain. 🔶 → Unlock trustless Bitcoin staking yield via Bitcoin-native timelocks. → Explore fast, low-cost Bitcoin DeFi.
Joined May 2022
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Core is entering its next phase of decentralization.
Since the DAO began handing over its block-production role to independent validators, the network has run with zero downtime throughout the transition.
Decentralization has guided Core since its first block. Each handoff of DAO initiatives to independent community operators builds on that foundation.
Now, the community will continue taking on a greater share of stewardship across Core, from ecosystem building and growth initiatives to the decisions that shape its direction. As part of this transition, initial contributors like Rich Rines and Brendon Sedo are stepping out of their roles in the DAO.
A network owned and led by its community is built to last. In the months ahead, more independent operators, more community-led projects, and more Coretoshi voices will shape where Core goes next.
Thank you to every validator, builder, and Coretoshi continuing to carry Core forward. Bitcoin's full potential remains untapped. Core will keep pushing that frontier forward, in service of decentralization, self-sovereignty, and freedom.
Core is taking another step towards decentralization.
Since 2023, DAO-operated validators have helped keep blocks flowing as independent operators joined and strengthened the network. Together, these validators have supported years of uninterrupted block production.
Over the coming months, the DAO will fulfill its long-term plan and begin the process of gradually handing over its remaining block-production role to independent validators, building on the work these operators already do to keep Core running.
This transition marks a new chapter for Core, with independent operators powering the network.
Thank you to every validator and Coretoshi who has helped move Core forward.
Stake CORE, secure Core, get paid in CORE.
CORE holders delegate to validators. Their stake elects the validators that produce blocks. Every block pays out newly minted CORE.
Rewards land daily. Delegations can be moved anytime.
stake.coredao.org
Core's tripartite consensus means more decentralization, greater security, and unmatched alignment with Bitcoin.
Every day, CORE and BTC holders stake to secure Core.
Having multiple staked assets serves to decentralize consensus and harden the network.
Speedy rails. Low fees.
CORE and BTC payments, lending, collateral, yield.
Faster, cheaper, better on Core.
Three inputs secure Core:
→ Bitcoin miners delegate hash power from the blocks they already mine.
→ Bitcoin holders stake BTC without giving up custody.
→ CORE holders stake CORE.
Trustless. Self-custodied. Multiplied.
Dual Staking Bitcoin and CORE earns higher rewards while contributing to the security of the Core network.
The v1.0.26 hardfork is now live on Core mainnet and the reward issuance issue is resolved.
The upgrade closed the vulnerability and burned 150M+ CORE of excess issuance, removing it from supply permanently. No transactions were rolled back and no user funds were lost. We expect staking rewards to return to normal within 48 hours. A full post-mortem will follow.
Update: the issue is contained and the malicious validators can no longer draw excess rewards.
We're now coordinating an emergency hardfork with validators to deploy the permanent fix. This is a forward upgrade, not a rollback.
Assets remain safe. Full post-mortem to follow.
Core Network — Status Update
We're aware of an issue causing a small number of validators to accrue block rewards above the protocol's intended issuance.
The root cause is identified and mitigations are in progress. User assets are safe. This affects reward issuance only, not the network's security or the custody of any funds.
Full post-mortem to follow once contained.
Core Network — Status Update
We're aware of an issue causing a small number of validators to accrue block rewards above the protocol's intended issuance.
The root cause is identified and mitigations are in progress. User assets are safe. This affects reward issuance only, not the network's security or the custody of any funds.
Full post-mortem to follow once contained.
Bitcoin is the asset. Core is where it goes to work.
Payments, lending, collateral, yield. Builders plug into the Bitcoin Power Grid and ship products with real users.
There will only ever be 2.1 billion CORE tokens.
Core steps its block reward down every year instead of halving it
@Coredao_Org caps coredaoorg:native at 2.1 billion tokens, a figure its documentation describes as exactly 100 times Bitcoin's 21 million.
New supply enters through block rewards, the tokens paid to the validators producing each block, spread across an 81-year schedule per Core's whitepaper.
Rather than cutting the reward in half every four years the way Bitcoin does, Core steps its emission rate down at every 10,512,000th block. At the network's roughly three-second block time, that lands about once a year.
Each step is far smaller than a Bitcoin halving but is more frequent, with the schedule running until the full 2.1 billion cap is distributed.
Core powers Bitcoin yield and the products built on it.
CORE is the centerpiece where value flows and compounds.
Core DAO 🔶 retweeted
Core, the Bitcoin-first chain, and how it’s trying to stretch BTC’s usefulness
Core DAO (@CoreDAO_Org) brands itself as “The Bitcoin Everything Chain.” The pitch is simple: take Bitcoin’s strengths and push them beyond the usual buy-and-hold story.
The protocol centers on one main idea: BTC shouldn’t sit still. Core wants idle Bitcoin to earn, but without giving up the properties people care about most: safety, decentralization, and full self-custody.
To get there, Core leans on a mix of Satoshi Plus, timelocks, and a quick Layer 1 EVM chain. Satoshi Plus folds in Delegated Proof of Work (so Bitcoin miners can participate), self-custodial Bitcoin staking, and staking of the $CORE token.
Core frames the relationship with Bitcoin as mutualistic. It borrows security and incentive alignment from Bitcoin, then tries to send value back through extra miner rewards, trustless yield opportunities for BTC holders, and infrastructure that makes it easier for Bitcoin products to plug in and scale.
Key ways Core aims to expand Bitcoin utility:
1.) Self-custodial Bitcoin staking
Lock BTC with timelocks directly on the Bitcoin network (CLTV) and earn CORE yield, no wrapping, no bridges, and no handing custody to anyone else.
2.) Dual staking
Stake $BTC and $CORE together to reach higher yield tiers.
3.) Tapping Bitcoin’s hash power
Miners can delegate hash power to earn extra CORE rewards, while Core itself is secured using a majority share of Bitcoin’s hash rate.
4.) The “Bitcoin Power Grid”
A set of rails Bitcoin products can connect to, built around yield, collateral, payments, and DeFi use cases.
5.) Scalable Bitcoin DeFi
An EVM-compatible network designed for faster, cheaper BTCFi apps.
6.) Two-way value flow
The goal is to strengthen Bitcoin’s security budget over time, while also turning dormant BTC into something that can actively do work.
In plain terms, Core DAO’s broader mission is to make Bitcoin more productive without piling on trust assumptions, converting energy and capital tied up in Bitcoin into yield, DeFi activity, and scalable infrastructure.
Core is the infrastructure Bitcoin products plug into. Payments, lending, collateral, yield.
CORE will continue to grow based on Bitcoin utility.
Real usage means real value for Coretoshis.
Users are returning to Core Network...
The number of daily active users on @Coredao_Org is gradually increasing once more. The chain counted 9,118 active users on August 16, up from 8,974 on August 7, and added 372 new users that day.
Transaction volume remained consistently high, averaging 48,000–54,000 per day over the past ten days, with 48,150 transactions on August 16.
Regarding revenue, Core earned $254.80 in fees over the last 30 days, up 4.4% from the previous period.
Despite the ~24% drop in TVL, this suggests the network is showing signs of improvement in underlying activity.