Bitcoin-based Layer 1 blockchain Core announced that Animoca Brands has added a validator node to its network. Validators play a critical role in ensuring the accuracy of transactions and increasing the security of the network. As a validator, Animoca Brands will contribute to the stability of the Core blockchain.

Animoca Brands specializes in digital entertainment, blockchain technology and gamification. It uses blockchain to deliver digital property rights to global customers, impacting the growth of an open metaverse.

Core Chain is a Layer 1 network compatible with the Ethereum Virtual Machine (EVM). Its main innovation is the Satoshi Plus consensus mechanism, which combines Delegated Proof of Work (DPoW), Delegated Proof of Stake (DPoS) and Non-custodial Bitcoin Staking.

Using this mix, Core Chain secures Turing-complete smart contracts for Bitcoin miners. Core aligns closely with Animoca Brands' goal of expanding opportunities within the Bitcoin ecosystem.

Currently, Core Chain hosts more than 4,800 BTC with a total value of over $180 million. This value makes Core Chain attractive to developers, users and institutions in the Web3 space, especially within BTCFi.

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