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：要闻)

• ·谷歌亮出AI搜索“王牌”！要把你问的问题拆开搜索，还能现场对话
• ·以太坊价格分析：ETH 在迈向 3000 美元的道路上前景如何？
• ·51人品贷申请流程是什么，有用过的人知道吗？
• ·九寨沟什么天气去好
• ·虚拟币交易所前10名单 虚拟币区块链app交易所排名
• ·ok交易所恢复法币-ok交易所恢复法币交易了吗
• ·2025 年第二季度末之前狗狗币（DOGE）将飙升多少？
• ·怎么购买MORPHO币？MORPHO币在哪个平台交易？MORPHO币购买交易教程
• ·存货跌价准备可以税前扣除吗
• ·ripple实时行情
• ·请问广发diy信用卡值得申请吗？
• ·bmc币多少钱
• ·柴犬在看涨模式重新测试后有望飙升25%
• ·sc币交易今日价格
• ·有人知道满标是什么意思吗？
• ·neo交易平台