#CORE team shares our passion for #blockchain technology & is open to collaborate with other blockchain projects, where aside from sharing our technical knowledge, we will sponsor and organize webinars & conferences for these other projects, building a larger developer community.

By integrating and collaborating with different #blockchain platforms and DeFI projects, Teams can tap into the support of the broader community of followers that we are looking to build.


☑️ More information:
coremultichain.com

☑️ Contribution on:
cmcx.io


#CORE #CMCX #CoreMultichain #MultiChain #DeFi #Scalability #Usability #interoperability

#CORE project is centered around our community — our management and developer teams are also chosen by our community through voting done using our native token on our platform, and funding for the project comes from contributions made by our community.

Apart from that, any changes proposed to our #blockchain or platform will be voted for or against by our community, creating a truly community-driven blockchain.


☑️ More information:
coremultichain.com

☑️ Contribution on:
cmcx.io


#CORE #CMCX #coremultichain #MultiChain #Scalability #Usability #interoperability

🟠 #CORE Use Cases,

◽️#IoT Chains◽️

IoT refers to the Internet of Things which is a way for electronic devices to communicate with each other.

These aren't necessarily phones and laptops for messaging purposes, but more for smart devices that constantly communicate with each other to allow for more automation and predictability through data analysis.

The only problem with all of these devices communicating with each other is that they may be transmitting confidential data, and since they communicate over the web, this confidential information could be intercepted by hackers.

#CORE #blockchain combined with #IoT allows the data shared between devices in an IoT #network to be secured by utilizing the #security factor present in a #decentralized blockchain.


☑️ More information:
coremultichain.com

☑️ Contribution on:
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#CMCX #IoT #MultiChain #Scalability #Usability #Interoperability #coremultichain #usability #blockchain

#Randomness plays a fairly important role in the #blockchain #ecosystem, specifically within each blockchain. It influences the difficulty in the mining function of PoW blockchains and periodically chooses the validators in a PoS blockchain.

Achieving #randomness in a #blockchain is difficult. While attempting to acquire on-chain randomness, a common developer error occurs when including quantities like future block hashes, block difficulty, or timestamps in the randomization process.


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#CORE #CMCX #coremultichain #MultiChain #Scalability #Usability #Interoperability

The #consensus mechanism of a #blockchain determines how quickly and securely validators on the blockchain reach consensus on the next block. The first successful implementation of a consensus mechanism within a blockchain, Proof of work (PoW), was used in #Bitcoin.

#Randomness plays a fairly important role in the #blockchain #ecosystem, specifically within each blockchain. It influences the difficulty in the mining function of PoW #blockchains and periodically chooses the validators in a PoS blockchain.


Read more Core Paper:
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#CORE #CMCX #coremultichain #MultiChain #Scalability #Usability #Interoperability #corepaper #whitepaper

A distributed system relies on the nodes in the network to maintain security. The nodes are responsible for keeping true records of all transactions that take place within the network and are obliged to act in a way that does not challenge the network's consensus. As an extra measure to ensure that nodes act correctly, nodes are incentivized by the network to not only maintain security but to also, report any nodes that act maliciously or incorrectly in a manner that risks the security of the network.

In Proof of Stake, validators are rewarded for validating and attesting to blocks with correct transactions. The distribution of the rewards for the validation of a block depends on the number of votes a node gave the block. The distribution of the mining transactions within the block are distributed likewise. If a node validates or attests to a block of false transactions then its stake is slashed.


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The #CORE #ecosystem uses the same incentive system within all nodes to ensure the security of the blockchain. CORE's incentive model combined with the AI-based consensus protocol creates an extremely secure blockchain ecosystem.


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#CORE Transaction Queue Engine,

Transactions are queued on the #blockchain on the #transaction queue engine. More specifically, #validators take unprocessed transactions and process or validate them.


Traditionally, validators on the #blockchain take all unprocessed transactions (within configured network limits) and validate them in each new validation cycle. New unprocessed transactions added to the queue are then processed in the next validation cycle.


Research into optimizing the transaction queue, reducing the mean transaction processing time, shows that specifying a minimum number of unprocessed transactions in the queue before beginning the next validation cycle optimizes the approach.


Besides implementing sharding and parallel processing of transactions, #CORE reduced the mean blockchain transaction clearance time by optimizing the transaction queue engine and configuring a minimum threshold within the network before the next validation cycle begins.


#coremultichain #CMCX

#CORE Multi-Chain provides advantages over existing and legacy blockchains such as sharding, simplistic #blockchain creation, and implementation, cross-chain capabilities, and high transaction throughput.


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☑️ Contribution on:
cmcx.io


#CORE #CMCX #coremultichain #MultiChain #Scalability #Usability #Interoperability #whitepaper

CORE's heterogeneous sharding model proposes a secure way for adapting each shard for a specific use case. It also resolves the high latency and low throughput of cross-shard transactions by using a two-phase commit protocol.

CORE's sharding model also addresses the lack of validity and security of shard data using erasure codes and polynomial coded sharding.


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☑️ Contribution on:
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#CORE #CMCX #CoreMultichain #Sharding
#Scalability

A virtual machine serves as the layer between the executing software and executing machine. It also allows multiple applications to run independently of each other. A great example of a virtual machine in the blockchain ecosystem is the #Ethereum #Virtual #Machine (#EVM).


#EVM is a distributed state machine that can not only create a decentralized currency, such as #Bitcoin or #Ethereum but also #decentralized applications using smart contracts.


To achieve this, #EVM updates states of the applications built on top of it, in each creation of the new block.


The #EVM executes as a stack machine with a depth of 1,024 items. Each one of these items is a 256-bit word, which was chosen for the ease of use with 256-bit cryptography such as Keccak-256 hashes or secp256k1 signatures.


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☑️ Contribution on:
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#CORE #CMCX #smartcontract #smartcontracts #CoreMultiChain #blockchain

At the #CORE instruction set of the #virtual machine, #opcodes are instructions used to execute specific tasks. Altogether, there are 140 opcodes which together make the #EVM turing complete.

It is able to compute almost anything provided enough resources are available. Since each opcode is one byte in size, there can only be a maximum of 256 opcodes. All of these opcodes can be split into the following categories:

▫️Stack-manipulating opcodes
▫️Arithmetic/comparison/bitwise opcodes
▫️Environmental opcodes
▫️Memory-manipulating opcodes
▫️Storage-manipulating opcodes
▫️Program counter related opcodes
▫️Halting opcodes

To store these opcodes efficiently, the virtual machine makes use of bytecodes to encode the #opcodes.


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Happy Programmers’ Day.

CORE's AI model coordinates the various roles of each #node on the #network. To accomplish this, #nodes are arranged in a hierarchy based on a trust rating system. The higher the node reaches in the hierarchy, the higher the trust rating.

A higher trust rating allows access to vital roles on the network. A node's trust rating can be negatively impacted and subsequently reduced if the node processes a transaction incorrectly.

This mainly includes disrupting or slowing down the network in any way or creating a false transaction.


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#CORE #CMCX #CoreMultiChain #blockchain

Déjà Vu Testnet is the experimental playground blockchain for #CORE. Developers can test their #blockchain applications and integrate with all the available services that CORE offers without interrupting the Mainnet's operations.

Additionally, it includes a faucet and a block explorer, so developers can undergo unlimited testing of their applications and easily track transactions within their application during the testing phase.


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#CORE #CMCX #CoreMultiChain #blockchain

🟠 Please join Core Multichain’s official telegram group chat via link below:
⬇️ 🚀⬇️🚀⬇️

➖➖➖➖➖➖➖

▫️https://t.me/coremultichaingroup

➖➖➖➖➖➖➖

▫️website: https://coremultichain.com

➖➖➖➖➖➖➖

This is one of the main reasons that #blockchain technology cannot be used on a mass adoption scale yet. Low throughput and its environmental impact are the biggest obstacles that blockchain has to overcome in order to scale.


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#CORE #CMCX #coremultichain #decentralized
#Scalability #Usability #Interoperability #Security

Rapid innovation is taking place in the #blockchain sector. However, this innovation is taking place in the backend of #blockchains and not in the ease of use for the client when using the front end. Complex technology needs to be easy to use for the ordinary individual, which blockchain is not yet.

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#CORE #CMCX #CoreMultichain #blockchain #Scalability #Usability #interoperability #Security #decentralized

🚀 Upcoming #listing

💫 $CMCX(CORE MultiChain Token) is gonna be listed on LBank soon!

CORE is Multi Chain PoS Network focused on Interoperability, Scalability, and Usability.

👉 DETAILS: https://bit.ly/3m4ycKS

📌 Twitter: https://twitter.com/LBank_Exchange/status/1442428847056556033?s=19

💻 Registration: https://bit.ly/38fSNVZ
📱 Android Mobile: https://bit.ly/LBankGooglePlay
📱 IOS Mobile: https://bit.ly/LBankappstore

This refers to the communication between #chains. Currently, there are no solutions available for true cross-chain communication without the need for a 3rd party, like a centralized exchange.


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#interoperability
#CORE #CMCX #CoreMultichain #Scalability #Usability #blockchain #Security #decentralized