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Retrieved on: 2024-04-17 20:52:45
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Summary
The article discusses how the Core Chain blockchain allows Bitcoin (BTC) holders to engage in staking to earn yield, leveraging the Satoshi Plus consensus mechanism, which hadn't previously been an option with Bitcoin's proof-of-work system. This innovation bridges traditional finance and decentralized finance, offering new financial tools such as yield-bearing BTC exchange traded products (ETPs). The tags 'Cryptocurrencies, Blockchains, Decentralization, Cross-platform software, Financial technology, Proof-of-stake, Bitcoin, Cardano, Ethereum, Decentralized finance, Draft:DLC.Link' all relate to the underlying technologies, financial instruments, and industry sectors impacted by this development.
Article found on: decrypt.co
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