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：私募资讯)

• ·eth历年价格走势-eth历年行情
• ·crv币能涨到多少-crv币可以涨到多少钱
• ·区块链数字货币交易软件盘点 十大区块链数字货币交易软件排名
• ·比特币交易平台app 比特币交易平台有几个
• ·币安现货与期货比率达到 2023 年以来的最高水平
• ·什么样的柳树-什么样的柳树形容词
• ·巨鲸通过Wintermute出售184.4枚WBTC
• ·比特币u盘钱包
• ·德克萨斯州立法机构通过比特币储备法案
• ·Hyperliquid未平仓合约突破90亿美元，HYPE币创下35美元新高
• ·Kraken宣布将在Solana上推出苹果、特斯拉和英伟达股票的代币化全天候交易
• ·利税总额和利润总额一样吗
• ·股票限价交易-股票限价交易规则
• ·特朗普10亿美元迪拜塔项目将接受加密货币支付
• ·唯币ven价格-唯币是什么
• ·比特币交易应用有哪些 btc交易平台app排行榜