Core Chain Unveils Revolutionary Non-Custodial BTC Staking, Transforming Bitcoin into Yield-Generating Asset

Core Chain, a layer-one blockchain built on Bitcoin, announces the launch of non-custodial BTC staking, a historic move that transforms Bitcoin into a yield-bearing asset. Core Chain's unique consensus mechanism, Satoshi Plus, combines DPoW and DPoS, enabling Bitcoin holders to earn yield without wrapping tokens or relinquishing asset control.

Core Chain Unveils Non-custodial BTC Staking, Transforming Bitcoin into a Yield-generating Asset

Core Chain, a Bitcoin-powered layer-one blockchain, has made history by introducing non-custodial BTC staking, a groundbreaking innovation that empowers users to earn yield on their Bitcoin holdings without sacrificing custody or leaving the Bitcoin network. This unprecedented development marks a paradigm shift in the world of cryptocurrency, unlocking new possibilities for Bitcoin investors and expanding the accessibility of yield-generating opportunities for the broader financial community.

The Genesis of BTC Staking: Satoshi Plus Consensus Mechanism

The ability to stake Bitcoin is made possible by Core Chain's pioneering Satoshi Plus consensus mechanism, a fusion of Delegated Proof of Work (DPoW) and Delegated Proof of Stake (DPoS). This unique consensus model seamlessly integrates Bitcoin's proven security and stability with the yield-generating capabilities of proof-of-stake blockchains.

Empowering Traders with Non-custodial Staking

Core Chain's non-custodial BTC staking revolutionizes the traditional staking model by eliminating the need for wrapping tokens or relinquishing control of assets to third-party custodians. By harnessing Bitcoin's Hash timelock technology, Core Chain empowers traders to securely stake their Bitcoin holdings without compromising their ownership or exposing their assets to external risks.

Core Chain and DeFi Technologies: A Strategic Alliance

Core Chain's ambitious vision to enhance the utility and accessibility of Bitcoin has been bolstered by a strategic partnership with DeFi Technologies Inc., a global leader in the digital asset space. Through its subsidiary, Valour, DeFi Technologies has played a pivotal role in the development of Exchange Traded Products (ETPs) that offer unique yield-bearing opportunities for Bitcoin investors.

Groundbreaking Exchange Traded Products (ETPs)

The Yield Bearing BTC ETP, a cornerstone of the Core Chain and DeFi Technologies partnership, is a groundbreaking financial instrument that unlocks the potential for active yields on Bitcoin holdings. This ETP provides investors with a convenient and secure way to participate in the growth of Bitcoin while earning a passive income stream.

Transforming Bitcoin's Investment Profile

The introduction of yield-bearing opportunities through ETPs has significantly enhanced Bitcoin's utility and appeal as an investment asset. Investors now have the ability to diversify their portfolios with Bitcoin while generating returns that were previously unavailable within the Bitcoin ecosystem.

Core Chain and Valour: Shaping the Future of Investment

The partnership between Core Chain and Valour represents a transformative force within the digital asset landscape. By enabling Bitcoin to generate native returns through non-custodial staking, this alliance is redefining the perception of Bitcoin as an investment asset and expanding its accessibility to a broader spectrum of investors.

Conclusion

Core Chain's introduction of non-custodial BTC staking is a watershed moment in the evolution of Bitcoin, unlocking unprecedented opportunities for investors and expanding the boundaries of yield-generating assets. The partnership with DeFi Technologies and the development of groundbreaking ETPs further strengthen Core Chain's commitment to revolutionizing the digital asset space and empowering users to fully harness the potential of Bitcoin. As the industry continues to evolve, Core Chain and its partners remain at the forefront of innovation, shaping the future of investment and unlocking the true power of blockchain technology.