SushiSwap Enhances Cross-Chain Functionality with Core Web 3.0 Integration

Integration with Core Protocol

The decentralized finance (DeFi) platform SushiSwap is set to integrate with the growing blockchain protocol, Core, tapping into its unique consensus mechanism to provide a broad set of DeFi services to its cross-chain functionality. This integration is expected to offer various benefits for developers building within the Core ecosystem, including access to SushiSwap’s liquidity pools, cross-chain swaps and DEX aggregator.

SushiSwap’s automated market maker platform is also anticipated to bring additional liquidity to the Core ecosystem, thus improving the functionality of other DeFi protocols running on Core such as ArcherSwap, IceCreamSwap, OpenEx, and of course, SushiSwap. Additionally, SushiSwap users will benefit from Core’s protocol-enabled cross-chain functionality.

Crypto Staking and Web 3.0

Core’s blockchain, which is powered by Bitcoin and integrates both proof-of-work (PoW) and proof-of-stake (PoS) consensus mechanisms, has been outlined by a spokesperson for the company. The proprietary Satoshi Plus consensus mechanism combines aspects of both consensus mechanisms, with Bitcoin miners participating in the election of Core’s validator set by delegating hashing power to specified validators.

Core is further enhancing the decentralized security of the Bitcoin consensus mechanism by using a form of Ethereum’s PoS. This was addressed by Sushi “head chef” Jared Grey, following a subpoena from the United States Securities and Exchange Commission, leading to the creation of a $3 millionSushi DAO legal defense fund to guard against any potential legal issues in the future.

Web 3.0 integrates both PoW and PoS consensus mechanisms, providing privacy, scalability and security to its protocol. Crypto staking is an important part of this, as it allows users to stake their crypto assets and earn rewards. Crypto Voyager and Crypto.net are two platforms that offer crypto staking services, allowing users to earn passive income from their digital assets.

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