Core Ignition Drop Claiming Guide

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 The Core Ignition Drop, which started the rewards claim on June 10, 2024, allows Coretoshis (Core Community) to unlock incentives for their contributions and engagement in the Core Blockchain. The Incentives claimed by the participating community are based on their activities up from the day they join the program until the snapshot is taken. In this article, I will discuss how to participate in the Core Ignition Drop, its benefits, and more. What is Core Ignition? Core ignition is an incentive program developed by the Core Foundation to jumpstart the growth of the DeFi ecosystem on Core Blockchain, the program started on March 11th, 2024, and will continue for six months, providing ample time for users to participate and reap the benefits, rewarding the community for their contributions to the network. By participating, users can earn rewards while simultaneously helping to fuel the growth and adoption of the Core ecosystem. The Core Ignition Program is for both ecosystem users and We
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Core TestNet will stop on June 30th Says Core DAO Team

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The ongoing CORE (Satoshi BTCs) TestNet is slated to be stopped on June 30th around 2:00 UTC during the implementation of the coming upgrading as announced earlier by the Core DAO team.

The upgrading will be the last face of the TestNet release before launching the MainNet as the following update will be introduced:
  • Introducing a hybrid validator and updated consensus algorithm to choose validator set using a hybrid score, which is theoretically proved to be more decentralized and secure compared with the previous design.
  • Fixed some issues related to system security and performance.
  • The existing data of the current TestNet will be deleted for the new TestNet to run smoothly.
  • Services like RPC node, validator, Blockchain browser, and faucet will all stop.
The upgrade is estimated to take a few hours and the new TestNet will continue thereafter as well as BTCs mining.

This development came up after the Core DAO Team announced they have identified a potential improvement to the Satoshi Plus consensus algorithm to make it even more decentralized.

The optimization will see BTCs holders and Bitcoin miners not need to stake coins and hash power separately on different types of validators, they can achieve both on each hybrid validator.
Block rewards will be distributed fairly to both types of stakers.


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