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The article explores the new developments, enhancements, and innovations that will shape the protocol's trajectory within the CoreDAO ecosystem.

On January 14, Core DAO debuted on the mainnet stage, becoming a noteworthy player in Decentralized Finance (DeFi).

At the heart of Core DAO's mission is the ambitious pursuit of addressing the notorious Blockchain Trilemma, a conundrum that has long perplexed blockchain architects. The project takes a unique approach by harnessing the formidable Bitcoin hash rate and combining it with the efficiency of the delegated proof-of-stake (DPoS) consensus mechanism.It is designed to create a decentralized blockchain that is secure, scalable, and maintains a decentralized ethos.

Core DAO's architecture rests on the Satoshi Plus consensus mechanism, which combines the best features of Bitcoin's hash rate leverage with DPoS efficiency.

Here in this article, we will delve into the latest developments, enhancements, and innovations that shape the protocol's trajectory within the Core DAO ecosystem.

In a strategic move, Core DAO welcomes BTC.b to its ecosystem, leveraging the Omnichain Fungible Token (OFT) Standard. This integration enables BTC.b to transition to and from Core's bitcoin hash-powered blockchain.

Collaborating with Layer Zero and Avalanche, CoreDAO introduces BTC.b as a multi-chain, non-custodial representation of Bitcoin, uniquely bridged directly from the Bitcoin blockchain.

The standout feature lies in the easy transfer of native Bitcoin, allowing users to promptly engage with decentralized applications (dApps) using BTC.b and convert it back into native Bitcoin without intermediaries.

Core DAO takes a leap forward with the launch of its new website and YouTube channel. Aimed at empowering Web3 developers, the platform offers a dedicated section facilitating a seamless start for builders on Core.

Core DAO introduced the Core Grants Program on Oct. 31, a funding initiative designed to catalyze projects focused on decentralization, expansion, and fortification of the Core ecosystem. Tailored to support developers and builders in bringing their ideas to life on-chain, the program offers two types of fundingBuilder Grants for early-stage projects and Growth Grants for more established endeavors.

Core Grants Program is here!

To empower innovation and community growth in web3, Core will fund projects dedicated to decentralizing, expanding, and strengthing Core's ecosystem. Builder and Growth Grants Milestone-based grants

Read all about ithttps://t.co/3zJZDee22d

As a notable sponsor at the ETH Lisbon hackathon scheduled for Nov. 3 to 5, Core DAO set the stage for innovation by offering substantial bounties for project submissions. The bounty pool included $10,000 for the best project, $2,500 for the runner-up, and an additional $2,500 for projects in the security, prevention, and awareness category.

Winners not only secured their bounties but also had the chance to pitch their ideas to Core's Grant Committee for potential funding of up to $50,000 in CORE tokens. Raccbook, PoolScribe, and Real Fans emerged as the triumphant projects in this bounty bonanza.

Core DAO enhances its reach with two significant integrations. The Pyth Network launches its CORE/USD price feed, extending accessibility to smart contract developers across more than 40 blockchains.

Another major infrastructure addition for the most Bitcoin-aligned chain! Excited to be working with the @PythNetworks world-class team Stay tuned for more news on this integration next week. https://t.co/sc4VaHgpAx

Concurrently, Ankr integrates its RPC service with Core, streamlining development by eliminating the need for many developers to set up their own Core nodes. Ankr's Premium RPC Plan offers advanced tools, global node locations, telemetry, debug mode, WebSockets capabilities, and more.

CORE, Core DAOs native token, is trading at $0.5054 at the time of writing, with a market cap of $88 million.

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