Hong Kong, China, May 22, 2025, Chain Wire
Solana users can be safely traded with Dogecoin, and PSY and WORMHOLE can take advantage of $ 36B assets and vast communities for Defi and Gaming & more.
PSY (formerly QED protocol) has developed an unreliable leg that connects Dogecoin to Solana blockchain. This innovation provides Solana with work proof by creating Dogecoin, the world’s largest meme that can be used in Solana’s DApps ecosystem.
Through this innovation, Solana and Dogecoin can directly ‘speak’ with each other, and each blockchain does not require trust in other companies and can independently check the other person’s transactions and agreements.
The legs not only improve security, but also create considerable ecosystems. If you bring Dogecoin’s $ 36B+ market cap and a large community to Solana, there is a new possibility for both networks. Dogecoin users access Solana’s Defi, NFT and game applications, while Solana developers can take advantage of Dogecoin’s wide user base.
Unlike traditional bridges that are often dependent on multisig signers or custodians, the next -generation work technology of PSY verifies the certificate of Dogecoin work certificate directly in Solana. This waiting method helps to solve the main weaknesses of Crypto Infrastructure. Bridge Hacks has led to more than $ 2.8 billion in losses.
This is the main innovator of Solana, which connects the security benefits of work proof with the speed and programming of Solana. This integration shows that new task proof chains, such as PSY, can interact with high -performance blockchains without sacrificing security or requiring central intermediarys.
The bridge continues its mission to build an excessive Web3 application for developers to host the next -generation diversified Internet.
This bridge supports standard Dogecoin wallets and exchange deposits.
quotes
Carter Feldman, the CEO of PSY Protocol, said, “We have worked hard to find ways to provide better services to the Doge community, and now we have a chance to provide more usefulness to Dogecoin.” Show it. “
Lily Liu, chairman of Solana Foundation, said, “We are happy to announce Doge Bridge to Solana, a big stage that welcomes one of the most symbolic communities of Solana to the Solana ecosystem. Implement an unpleasant spirit. By connecting Doge to Solana’s network, we invite the Dogecoin community and all OG encryption enthusiasts to join us to marry the chain culture and deprived finances. “
Robinson Burkey, co -founder of WORMHOLE, said, “Unbelievable verification has always been a great success of interoperability, but it remains vague to achieve it.” Doge sees PSY and WORMHOLE gathering around assets like Crypto’s true cyberpunk spirit. Seeing what to see is pleased to help Solana get 36B assets.
Legal
The bridge captures and checks each Dogecoin block header in Solana. The block header includes essential blockchain data, including previous block hash, time stamps, difficulty targets, muffle routes of all transactions of all transactions and work consensus algorithms. By checking this header directly in Solana, the system encrypts the effectiveness of the dogecoin transaction without intermediary.
When the user sends Doge to the legs, the system verifies the deposit of the Dogecoin blockchain and mints the equal amount of QDOGE tokens of Solana. To switch again, the QDoge token is burned in Solana and tightly transmitted through WORMHOLE’s cross chain messaging protocol, triggering the release of the original Doge to the user’s Dogecoin address.
To enable this bridge, PSY created an infrastructure product for developers.
- TXINDEX: Indexer, a complete feature for Dogecoin, which easily handles forking behavior
- Electrs-Doge: Dogecoin’s first open source block explorer
- Doge-SDK: Dogecoin’s first JavaScript SDK
- Forkr: Easy to use tool for simulating fork/league in bitcoin and tools.
About the PSY protocol
PSY is a major innovator of the next -generation work proof technology, which enables modern expansion while restoring the security and decentralization principles of blockchain. The PSY gives the developer to build a hyper -scale Web3 application program so that the developer can provide a reliable alternative to the centralized internet controlled by a small number of technical monopoly by closing the utility gap between work proof and steak chain proof.
Contact
seed
Josh Adams
Serotonin
josh@serotonin.co