At Extreme Investor Network, we are excited to share the latest news about Animoca Brands launching a validator on the Core blockchain. This move by Animoca Brands highlights their commitment to supporting the Core network’s security and decentralization, showcasing their belief in the potential of the Core blockchain.
Validators play a crucial role in the blockchain network by verifying and validating transactions, maintaining ledger accuracy, and enhancing overall network security. By becoming a validator on the Core Chain, Animoca Brands is actively participating in governance and stability, contributing to the vision of unlocking over $1.3 trillion in trapped liquidity on Bitcoin.
In addition to running a validator, Animoca Brands plans to collaborate with Core contributors to integrate certain dApps from their portfolio of Web3 investments. This collaboration aims to drive innovation and collaboration within the BTCfi ecosystem, leveraging the strengths of multiple projects to propel BTCfi forward.
The unique architecture of Core Chain, supported by the Satoshi Plus Consensus Mechanism, and its focus on BTCfi align with Animoca Brands’ commitment to building on Bitcoin and advancing opportunities for ecosystem builders and dApps. Core offers unparalleled scalability and security, making it an ideal choice for projects looking to explore decentralized finance on the Bitcoin network.
The inclusion of Animoca Brands as a validator marks a significant milestone for Core, further solidifying its position as a secure, decentralized, and efficient blockchain network. With over 4,800 BTC staked and $180 million in BTC staked value, Core is poised for accelerated growth and mass adoption of BTCfi, fueled by the collaboration with Animoca Brands.
Brendon Sedo, Initial Contributor at Core, expressed his excitement about the collaboration with Animoca Brands, recognizing them as a key partner in securing the Core chain and enabling BTCfi. This partnership paves the way for future collaborations and solidifies Core’s position as the most Bitcoin-aligned blockchain.
About Core:
Core is a Bitcoin-powered blockchain unlocking EMV-Compatible BTCfi, with innovative features such as Non-Custodial BTC Staking and the world’s first yield-bearing BTC ETP. Core is the most Bitcoin-aligned EVM blockchain, with strong security measures and a growing community of adopters.
About Animoca Brands:
Animoca Brands is a Web3 leader leveraging blockchain technology to deliver digital property rights and establish the open metaverse. With a diverse portfolio of products and subsidiaries, Animoca Brands is actively investing in Web3 projects to drive innovation and growth in the blockchain space.
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