Postingan

$CORE DAO is once again pushing the narrative that 90% of Bitcoin's total hash rate is participating in network delegation. It sounds impressive, but the reality deserves a closer look. The effective delegated hash rate visible on-chain is estimated to be closer to 35% of Bitcoin's total network. The widely shared 90% figure mainly reflects mining pool support, not actual hash power securing the $CORE chain. Hash rate delegation doesn't redirect Bitcoin's mining power or provide security to Core. It's essentially a signalling mechanism that allows miners to qualify for $CORE token rewards. The timing is also worth noting. Major ecosystem promises like SatPay, B14G, and ecosystem buybacks have yet to deliver meaningful results. Instead, attention has shifted back to technical narratives while concerns remain over token unlocks, inflationary selling pressure, and alleged wash trading. Compared with BTCFi competitors such as Babylon, $Core still trails in key areas including $BTC staking, institutional participation, and overall on-chain activity. A strong narrative alone cannot replace sustainable ecosystem growth. Always verify the data behind bold claims. Narratives can drive attention, but fundamentals matter more over the long term. This post is for discussion purposes only and is not financial advice. #FedRateDecision #BigTechEarningsNight #SKHynixRecordMiss