What is ORE (ORE)?
ORE is future-proof electronic cash. ORE exists to advance the original vision for crypto, identified by Satoshi Nakamoto: creating digital money that cannot be debased or controlled by centralized authorities. Bitcoin solved the double-spend problem. Solana solved scalability at the Layer 1 level. Modern wallets improved self-custody user experience. ORE solved the Proof-of-Work value leak.
How does ORE work?
Built on Solana, ORE inherits the network's scalability, composability, and future upgrades, including privacy enhancements, without requiring the tradeoffs traditionally associated with securing blockchain consensus. For these reasons, we describe ORE (after Bitcoin: "Peer-to-peer electronic cash") as: - ORE, the asset, is a future-proof electronic cash system. - ORE, the protocol, is a future-proof electronic cash system on Solana.