helloworld

Bitcoin scaling protocol QED on Friday proposed a major upgrade for Dogecoin. This change could transform the memecoin network into a high-speed platform capable of running complex decentralized apps, similar to Ethereum or Solana.

The protocol, which recently raised $6m, aims to achieve this by increasing the network’s capacity and adding smart contract functionality. QED is also developing a zero-knowledge (ZK) rollup, which could boost Dogecoin’s transaction speed and capacity.

“A brilliant aspect of Dogecoin is the mindshare it has garnered around the world that now manifests in the form of a huge community of dedicated holders – and of course the excellent memes and dogs,” Feldman said.

“With the introduction of this opcode and the continued hard work of the amazing Dogecoin core developers, the Dogecoin Network will effectively be the first PoW secured chain at feature parity with blockchains like Ethereum and with the scalability of Solana. Dogecoin is on the cusp.”