Bithumb has listed a new altcoin, CORE, for trading. Deposits for CORE will begin on June 24, 2024, at 09:00 Turkey time. CORE aims to establish a robust Web3.0 infrastructure.
Today, South Korea’s top cryptocurrency platform Bithumb announced the listing of a new altcoin project named CORE. Users can now trade CORE using South Korean Won (KRW) starting from today.
Bithumb to Launch CORE: A New Decentralized Altcoin
Bithumb will begin accepting deposits for CORE on June 24, 2024, at 09:00 Turkey time, with withdrawals and trading starting at 11:00. The exchange has set the base price of CORE at 1,840 KRW.
CORE is a decentralized Layer-1 DAO project fully compatible with the Ethereum Virtual Machine (EVM). This compatibility enables CORE to support Ethereum decentralized applications (dApps). The primary objective of CORE is to construct a robust Web3.0 infrastructure and incentivize developers to create dApps on its network through reward mechanisms.
CORE Mainnet and Token Utility
The CORE Mainnet utilizes the Satoshi Plus algorithm, combining Delegated Proof of Stake (DPoS) and Delegated Proof of Work (DPoW) to bolster network security and sustainability.
CORE functions as the native token within its ecosystem, supporting various operations including payments, staking, and governance. It plays a pivotal role in incentivizing participation and decision-making across the CORE network.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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