CORE MultiChain (Cryptographic Object Resource Engine) is a PoS blockchain 3.0 framework focused on Interoperability, Scalability, and Usability and Privacy.
CORE MultiChain provides advantages over existing and legacy blockchains such as sharding, simplistic blockchain creation and implementation, cross-chain capabilities, and high transaction throughput.
CORE created a decentralized neighbor selection protocol that continuously strives to create optimal peer connections to decrease confirmation latency. The protocol achieves this through constantly analyzing and learning how nodes interact with their neighbors.
How Does the CORE Protocol Attract People?
•Lightweight
•Compatible with the self-interests of each peer, or ability to select the best neighbors
•Robust against adversarial actions: A CORE peer does not need all details about a candidate neighbor to decide whether to connect
•Incentivizes peers to relay blocks promptly.
•Naturally adaptive to varying hash-power
Core Multi-Chain is the next generation of blockchain protocol designed to enable legacy, current, and future blockchains to scale and communicate seamlessly. CORE offers a wide variety of possibilities in the blockchain space due to its sharding, interoperability, and central algorithm.
By providing a fair and secure platform, CORE allows users to regain control over their personal information. The project offers a scalable network featuring functionalities that bypass current blockchain limitations. CORE intends to provide an environment-friendly system that is sustainable, interoperable and provides enhanced throughput.
Highlights
•Network Efficiency – CORE contains an AI model at the core of its blockchain. This AI Model speeds up the network’s collective transaction processing times and also enables the network to operate under attacks or faults.
•Security – The AI model helps coordinate the nodes on the network while also strengthening security on the CORE blockchain. This is accomplished through the network’s outlier detection protocol, which monitors for unusual behavior. The AI randomly selects nodes to test and gather data, monitoring network activity outside of the norm. In this phase, any corrupt nodes will be identified.
•Transaction Privacy Protection Layer: CORE transaction privacy protection layer (TPPL) adds an extra layer of security and privacy when transacting on its blockchain. This universal layer is applied to every CORE-connected chain and can be applied to the major public blockchains.
•Randomness – The CORE Multi-Chain network combines Verifiable Random Function (VRF) and Verifiable Delay Function (VDF) into a single hybrid solution, thus achieving true Randomness within the network. Randomness influences the difficulty in the mining function of PoW blockchains and periodically chooses the validators in a PoS blockchain.
•Scalability – To address the scalability issue of Practical Byzantine Fault Tolerance, CORE enhanced the consensus mechanism by reducing the communication complexity within standard PBFT implementations to create the Accelerated Practical Byzantine Fault Tolerance (APBFT) consensus mechanism.
Token Usage
•Through the CMCX token, users can conduct transactions on the CORE blockchain and pay for all utility fees within the ecosystem. Platform users can use the token to participate in governance, stake, transactions, smart contracts, and reward validators.
•Core’s mission is to serve the community. Users can vote for management and developer teams using the native token CORE (CMCX). The CORE community provides projects funding. Users will vote on any proposed changes to the blockchain or platform, creating a community-driven blockchain.
•Through CORE, all blockchains, past and present, will be able to scale and communicate seamlessly with one another by utilizing the CMCX token.
Multi-Layered framework design:
CORE is constructed over three layers; ORIGO, CATENA & AURA. Each layer is designed perfectly to get the job done.
ORIGO is the network layer. It is the brain of the system. It handles the formation of the blocks in the blockchain.
CATENA is the blockchain layer and is built on the network layer. This is where the actual blocks form and newly formed blocks are appended.
AURA is the application layer; this is where the DApps and smart contracts are built.
Apeirogon blockchain framework
CORE Blockchain combines all the latest frameworks and advanced programming languages into one cutting-edge solution to get more technical.
It is built on our in-house Apeirogon blockchain framework, a next-generation framework for enterprise-grade blockchain innovation that is highly compatible with Solidity.
Apeirogon is compiled to WebAssembly (Wasm), a super-performant virtual environment that provides a way to run code written in multiple languages on the web at near-native speed.
Apeirogon’s ecosystem uses a state-of-the-art peer-to-peer network platform called LibP2P, a modular system of protocols, specifications, and libraries that enable the development of peer-to-peer network applications and is positioned to be the standard for future decentralized applications.
Advantages
•Extensive research & value proposition to current blockchain limitations: The Whitepaper available on the Multi-chain website provides an in-depth yet accessible presentation of the responses provided by the team to solve current limitations on scalability, network efficiency, overall security, and reward fairness. CORE Multi-Chain Whitepaper accessible here.
•Security audits available: An audit of the network performed by CERTIK is currently public on the CORE Multi-Chain website. This research documents the project’s performance in the following criteria: Security, Runtime, Documentation, Testing, General, and Transparency.
Where is CORE MultiChain available for purchase?
You can exchange CMCX tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading CORE MultiChain is ProBit Global, notably the CMCX/USDT pair, which saw a trading volume of $ 30.37 in the past day. Additionally, PancakeSwap (v2) is popular alternative for trading tokens.
What is the highest value CORE MultiChain (CMCX) has ever reached?
CORE MultiChain (CMCX) reached its peak price at 0.04197 $ on 15 January 2022, approximately 4 years ago ago. Presently, the current price is -99.95% lower than this all-time high.
What is the historical minimum price for CORE MultiChain (CMCX)?
The minimum price reached for CORE MultiChain (CMCX) was 0.05319 $, documented on 23 December 2024, more than 8 months ago. In comparison, the current price is 452.03%, it above this historical low.
What is the fully diluted valuation of CORE MultiChain (CMCX)?
The fully diluted valuation (FDV) of CORE MultiChain (CMCX) stands at $ 231,241. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 20,000,000,000 CMCX tokens. The realization of this FDV might take several years depending on the emission schedule of CMCX tokens.
How to add CORE MultiChain (CMCX) to MetaMask?
By integrating CORE MultiChain (CMCX) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import CMCX as a token. You can either manually import CMCX by copying its contract address (0xb2343143f814639c9b1f42961c698247171df34a) or use MetaMask's Chrome extension to add CMCX with a single click through P.CASH.
How to add CORE MultiChain (CMCX) to TrustWallet?
Incorporating CORE MultiChain (CMCX) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include CMCX, you can either manually import it using the contract address (0xb2343143f814639c9b1f42961c698247171df34a) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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