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:经济数据)
-
这些历史正剧的受众人群原本比较有限。...[详细]
-
然后真正会写软文,能无形之中把营销插入其中,却不被人所察觉的文章很少。...[详细]
-
弟弟的离世让张兰受到了巨大的打击,她甚至有过轻生的念头,但她还是熬了过来,而且还做出了一个让人惊讶的决定:卖掉所经营的三家大排档式酒楼,拿着创业10年攒下的6000万元,进军中高端餐饮业。...[详细]
-
24季私享家这个平台能做成的前提,就是有越来越多的人离开了固有的组织结构,以更为个体的方式,从事他们认为值得做的事情。...[详细]
-
附:国内已获得融资的汽车分时租赁项目融资情况: document.writeln('关注创业、电商、站长,扫描A5创业网微信二维码,定期抽大奖。...[详细]
-
推动中国互联网发展 很多创业新兵都会向罗江春请教,自称“简单粗暴、交流直接”的罗江春,自然不会忘记向他们推介百度联盟。...[详细]
-
所以,用户总体能记住的信息并不多,而且这还是你的设计足够有条理的情况下...[详细]
-
“在Palantir成立最初的三四年里,我们好几次几乎流失最优秀的员工。...[详细]
-
SEC 指控 Unicoin 及其三名高管涉嫌 1 亿美元证券欺诈
2、你是否愿意受罪?是否能扛得住心理的煎熬? 千万不要被什么创业精神误导,看看马云和乔布斯的传记,难道就领悟创业的真谛了? 建议大家看看《创业维艰》这本书,作者本.霍洛维茨是硅...[详细]
-
即便市值破100亿美元,仍有基金不买账。...[详细]