Dogecoin poised for transformation with zero-knowledge proof proposal

7 hours ago

DogeOS, a Dogecoin-based exertion layer, has submitted a connection to heighten the blockchain web with autochthonal zero-knowledge impervious (ZKP) verification, according to a July 22 connection shared with CryptoSlate.

The projected upgrade, dubbed OP_CHECKZKP, aims to unlock caller functionality by enabling astute declaration interoperability with Ethereum.

DogeOS is presently gathering its ain Ethereum-compatible zkVM, which would service arsenic the backbone for this caller functionality and alteration seamless, trustless interoperability betwixt Dogecoin and Ethereum.

Jordan Jefferson, CEO of DogeOS, described the determination arsenic a transformative measurement towards making Dogecoin “go toe-to-toe with immoderate concatenation retired there.”

Unlocking Dogecoin’s utility

The connection introduces a caller opcode without launching an wholly caller virtual machine, maintaining Dogecoin’s simplicity portion broadening its usage cases. It besides paves the mode for confidential transactions, cross-chain DOGE bridges, and composable decentralized applications (dApps) connected the DogeOS layer.

If implemented, the protocol upgrade would people a important displacement for Dogecoin, expanding it beyond peer-to-peer payments into a broader astute declaration level susceptible of supporting DeFi, NFTs, individuality protocols, and verifiable gaming applications.

Notably, the integration of ZKPs would besides let for on-chain verification of compact cryptographic proofs, enabling scalability solutions similar zk-rollups. This could propulsion Dogecoin’s transaction throughput into the thousands per 2nd portion preserving decentralization and reducing fees.

Tim Stebbing, Director of the Dogecoin Foundation, said:

“Dogecoin gaining the quality to integrate with ZK L2s is the benignant of interoperability we request to physique ecosystem utility, allowing the L1 to absorption connected being the fastest, best, astir amusive blockchain and means of speech for each humanity.”

DogeOS already operates the wide utilized MyDoge wallet, giving it a nonstop pathway for distributing the upgrade to users. The squad emphasized that the connection aligns with Dogecoin’s open-source improvement exemplary and retains its committedness to assemblage values.

The station Dogecoin poised for translation with zero-knowledge impervious proposal appeared archetypal connected CryptoSlate.

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