Is Bitcoin staking a reliable and secure way to earn yield on BTC?
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Welcome to episode 4 of Bitcoin and Beyond.
We all know Bitcoin as the original Proof of Work chain, so how does staking come into play?
In today’s episode we explore CoreDAO’s consensus mechanism, staking offering, and technical bridging architecture. CoreDAO is aiming to separate Bitcoin’s asset value from its transactional rails, enabling higher throughput and lower cost ecosystems. This separation allows Bitcoin to be used more efficiently, particularly through bridging and HTLC atomic swapping.
By introducing the Satoshi Plus consensus, CoreDAO combines Bitcoin mining, staking, and Core token staking for cryptoeconomic security.
The vision of CoreDAO is to create a modular approach to Bitcoin, similar to Ethereum’s rollup-centric roadmap, making Bitcoin more scalable and efficient while maintaining its core ethos.
We talked about CoreDAO’s focus on Bitcoin alignment, bringing Bitcoin holders and miners into consensus, which is crucial for addressing long-term sustainability issues, such as reliance on transaction fees post-halving.
Watch today’s video for a technical dive into the Core architecture.
The Rollup
🙌 Together with:
CoreDAO. Decentralized applications secured by Bitcoin. Build with EVM-compatible smart contracts on a Bitcoin-powered blockchain. Learn more here.
Citrea. Bitcoin’s First ZK Rollup. Build with EVM-compatible smart contracts on a Bitcoin-powered blockchain. Learn more here.
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