Since February this year, Core DAO has reportedly peaked in the blockchain sector, growing at a staggering 11,000%. This massive increase has cemented CoreDAO’s status as the key player among Bitcoin-powered blockchains. With the maximum number of on-chain transfers, CoreDAO has attracted significant attention. Furthermore, it has also cemented its status as a power in the evolving sector of blockchain technology.
With over 11,000% growth since February 2024, @Coredao_Org is now #1 and dominates Bitcoin-powered blockchains with the highest on-chain transactions! The future is Core, and it cannot be stopped. #BuildOnCore
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– Core Builders (@corechain_devs) October 5, 2024
Core DAO Outperforms Bitcoin-Powered Blockchains with Security and Efficiency
The CoreDAO blockchain operating under Bitcoin has outperformed its opponents by offering an exclusive hybrid of efficiency and security. It leverages the security-related benefits that Bitcoin’s resilient Proof-of-Work model provides. In addition, it combines this model with the scalability and flexibility of exclusive blockchain technologies.
According to the reports, Core DAO has attracted the attention of users, investors and developers alike. The respective strategic mix potentially emerges as an effective venture, paving the way for significant growth in terms of consumer adoption and transfer volume. The platform’s explosive rise in terms of on-chain transfers signals a shift in the evolution of blockchain technology.
Bitcoin lags behind Ethereum and other blockchains in terms of DApps and transfer throughput
Although Bitcoin has traditionally become a prominent name in the security field, it experiences slower transfer speeds. Moreover, it is often surpassed by the rest of the blockchains such as Ethereum when it comes to dApps and transfer throughput. Nevertheless, CoreDAO appears to have reached a solution, allowing scaling while maintaining Bitcoin’s security features.