Yesterday, on July 15, 2022 at around 17.00 UTC+7 BTCs satoshi application slowed down the system. BTCs miners experience lag in opening applications and claiming mining results. we feel something big is going to happen because from previous experience if something were to happen then there would be a slowdown in the BTCs mining app.
As we predicted, big things really happened. The
Core Dao developer via the notification page on the BTCs mining application
announced that the Core DAO developer team agreed to change the name of the
blockchain previously named "satoshi chain" to "Core" and
also the generated currency which was originally BTCs to CORE. This is after an
in-depth survey and various considerations regarding copyright claims in the
use of the name satoshi against originality and other communities associated
with the name.
So how do we respond to this name change? to be
honest we really support this name change. As we know, the name BTCs themselves
are already used by Bitcoin Scryp if you type in the google search engine. In
addition, the name CORE actually matches the name of DAO which
is also called CORE DAO. more authentic and original.
Apart from the name change, there are no other changes. Maybe the name Satoshi is also an obstacle for developers to launch Mainnet in the 2nd quarter of June yesterday. Is minnet coming soon? Hopefully...
Don't hesitate with CORE and always claim CORE. if you haven't joined CORE mining yet, register right here
Please read carefully the full notice below
App Update Announcement:
In 2009, Satoshi Nakamoto carved scarcity out of the stone of abundance. Since then, Bitcoin has become the first truly digital solution to the problem of money. The grand creator of this masterpiece, Satoshi Nakamoto, is world-wide-known, famous and well-respected. After nine years of the birth of Bitcoin, at the time of 2018 bear market, seeing countless families damaged by the cycle of centered economy, we conceived of a project to promote the spirit of decentralization, sharing and co-creation via blockchain to bring about a genuinely long-term stable economy, wellness and happiness for all. To honour Satoshi Namamoto, we named our free mining app "Satoshi App". In the early days of this project, we named our blockchain the "Satoshi Blockchain". Since the beginning of this project, driven by our dreams and beliefs we have worked around the clock for three years, with the Main-net coming online soon we want it to be perfect. Therefore, we re-examined if "Satoshi" would be the proper name for this blockchain. We researched globally to check if this name would infringe any rights, whether people from different countries like it, or if it expresses any other meanings. We discovered that although we hold the most sincere respect to Satoshi Nakamoto, we didn't feel right about naming our blockchain "Satoshi".
The Main-net coming online in the third quarter of this year has resolved the Blockchain Trilemma. With its combination of Bitcoin's decentralization and Ethereum's scalability, we believe it will be the nucleus of the Web 3 universe, acting as the underlying infrastructure to support and grow this new world. Thus, we named our blockchain "Core" instead of "Satoshi", and the base layer currency will be "CORE"instead of "BTCs". By leveraging the existing BTC mining network in our consensus algorithm, Core originated from Satoshi Nakamoto which we've since built on top of. To pay respect to the shoulders we stand on top of, we then named our consensus "Satoshi Plus Consensus"
Comments
Post a Comment