“…[18] Researchers led by Strasser and Wark reported ac ore-shell architecture based on noble-metal-containing nanoparticles, which is ap ossible route not only to reduce the price of noble-metal-containing catalysts [19] but also to enhancetheir stability and efficiency. [20] Neverthelesst here is still al ack of efficient, stable, and low-priced catalysts made from earth-abundant, affordable elements. Pioneering studies by the groups of Hoare, Bard, Bockris, and several others [21][22][23] showed that the voltage necessary to produce oxygen on am etal surfacei sr elated to the redox potential of the metal/metal oxide couple, or in other words, even in the case of noble metals no oxygen can be released from the surface if the corresponding metal oxide is not formed.…”