Core implemented in its proof-of-work blockchain network the ED448-Goldilocks elliptic curve cryptography, the only blockchain in the world to implement ED448 encryption technology to date. Speaking to Rastislav Vašička, CIO of Core said, „Goldilocks is popular for its solid performance and security. The ED448 encryption technology allows the Core Blockchain Network to execute transactions with the highest security standards, confirming transactions in around 42 seconds, an ideal network for transacting due to the implementation of banking standards.” With mining on almost any IoT device at only 6 watts per hour, Core is not only the most affordable fully decentralized proof-of-work blockchain in the world, it is also truly environmentally friendly. „In short, we can unquestionably say that the Core Blockchain Network is currently the fastest, safest and most affordable, truly scalable decentralized blockchain in the world” Michael Loubser, Core Decentralized Technologies, Chairman.
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