QED Protocol and Nexus plan to introduce zkVM on Dogecoin Chain to achieve smart contract functionality
QED Protocol and Nexus, development teams focused on memory blockchain execution layers and modular virtual machines (VMs), announced on Thursday that they are jointly building a zero knowledge VM (zkVM) for the Dogecoin network, hoping to derive decentralized finance (DeFi) and NFT applications based on Dogecoin.
These two teams plan to modify Nexus zkVM to improve the scalability of Dogecoin and enable developers to create decentralized applications (dApps) on the network.
This collaboration will also expand the application scope of "OP_CECKGROTH16VERIFY", an opcode proposed by QED Protocol in July aimed at implementing DeFi and NFT applications on the Dogecoin network, which involves a Layer 2 scheme built using the opcode. These proposals have received support from major Dogecoin mining pools including AntPool, ViaBTC, and F2Pool.
QED Protocol and Nexus have stated that the technology they developed for Dogecoin can also be applied to other networks.
QED Protocol announced in July this year that it had completed a $6 million financing led by Blockchain Capital, bringing its total funding to over $10 million. Nexus announced in June this year that it had completed a $25 million Series A funding round led by Lightspeed and Pantera, with other investors including Dragonfly, Faction, and Blockchain Builders Fund.
The price of Dogecoin (DOGE) has shown a significant upward trend with the rebound of the cryptocurrency market since early September, rising from around $0.0925 on September 6th to the current $0.1237, an increase of over 30%.
data source
(责任编辑:金店)
- ·微策略計畫出售 7 億鎂可轉債!回購公司債務並加倉比特幣
- ·10月31日兴业安保优选混合A净值下跌0.10%,近1个月累计上涨5.38%
- ·火币提现
- ·计提风险准备金怎么做会计分录
- ·请问卡卡贷验证码不显示的原因是什么?
- ·10月31日华安优势企业混合C净值下跌1.26%,近1个月累计下跌6.41%
- ·ETH还能涨吗?以太坊基金会亲自下场回应|AMA梳理
- ·10月31日建信港股通精选混合A净值下跌1.17%,近1个月累计下跌1.11%
- ·研究生劳务报酬可以退税吗
- ·10月31日南方港股通优势企业混合A净值下跌0.93%,近1个月累计下跌2.0%
- ·什么和什么会变色-什么和什么会变色作文
- ·10月31日永赢股息优选C净值增长0.96%,今年来累计上涨21.87%
- ·拍拍贷过年放款吗?申请申请拍拍贷贷款啊?
- ·10月31日嘉实优势成长混合A净值下跌0.46%,近1个月累计下跌1.46%
- ·FOMC今年票委警告:关税恐“拖垮”美国经济以及劳动力市场!
- ·ckb币今日价格
- · okb交易所官网
- · 欧亿app官网正式版下载
- · 欧易交易所 电脑
- · 十大虚拟货币交易平台app
- · 易欧app官网下载
- · 数字货币交易平台app
- · 亿欧app下载
- · 虚拟货币交易平台排名
- · 数字货币交易app
- · okx交易所app官网