Close Menu
Crypto Chain Post
    Trending

    Deutsche Bank Considers Stablecoin or Joining Industry-Led Initiative, Exec Says

    June 7, 2025

    Coinbase, BiT Global End Legal Fight Over WBTC Delisting

    June 7, 2025

    Quant price could surge 47% if it flips one final barrier

    June 7, 2025

    The UK May Be Joining the US in Embracing Cryptocurrency – New Step Forward

    June 7, 2025

    Can Virtuals Protocol Reclaim $2 or Will VIRTUAL Price Go Down?

    June 7, 2025
    Facebook X (Twitter) Instagram TikTok Telegram
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    Saturday, June 7
    Crypto Chain Post
    Price Index Newsletter
    • Home
    • News
      • Bitcoin
      • Ethereum
      • Altcoin
    • Blockchain
    • Markets
    • NFTs
    • DeFi
    • Web3
    • Analysis
    • Metaverse
    • Resources
      • Price Index
      • Crypto Heatmap
      • Glossary
      • Exchange
      • Economic Calendar
    • More
      • GameFi
      • ICO
      • Legal
      • Security
    Crypto Chain Post
    Home » Psy Develops First Trustless Bridge From Dogecoin to Solana
    NFTs

    Psy Develops First Trustless Bridge From Dogecoin to Solana

    News RoomBy News RoomMay 27, 2025No Comments4 Mins Read

    May 22, 2025 – Hong Kong, China

    Solana users will be able to transact with Dogecoin securely, powered by Psy and Wormhole, tapping into a $36 billion asset and its vast community for DeFi, gaming and more.

    Psy (formerly QED Protocol) has developed a trustless bridge connecting Dogecoin to the Solana blockchain.

    This innovation brings PoW (proof-of-work) security to Solana while making Dogecoin, the world’s largest memecoin, available to Solana’s ecosystem of DApps (decentralized applications).

    This innovation allows Solana and Dogecoin to directly ‘speak’ to each other, with each blockchain able to independently verify the other’s transactions and consensus without requiring trust in third parties.

    The bridge not only enhances security but also creates substantial ecosystem opportunities.

    Bringing Dogecoin’s more than $36 billion market cap and massive community to Solana opens new possibilities for both networks.

    Dogecoin users gain access to Solana’s DeFi, NFT and gaming applications, while Solana developers can tap into Dogecoin’s extensive user base.

    Unlike traditional bridges, which often rely on multisig signers or custodians, Psy’s next-generation PoW technology validates Dogecoin PoW consensus directly on Solana.

    This trust-minimized approach helps address a major weakness in crypto infrastructure: bridge hacks, which have caused more than $2.8 billion in losses to date.

    This positions Psy as the leading PoW innovator for Solana, bridging the security benefits of PoW with Solana’s speed and programmability.

    This integration demonstrates that new PoW chains like Psy’s can interact with high-performance blockchains without sacrificing security or requiring centralized intermediaries.

    This bridge continues Psy Protocol’s mission to empower developers to build hyper-scalable Web 3.0 applications to host the next generation of the decentralized internet.

    The bridge supports standard Dogecoin wallets and exchange deposits.

    Quotes

    Carter Feldman, CEO of Psy Protocol, said,

    “We have been working hard to find ways to better serve the Doge community, and now we get the chance to offer them even greater utility for their Dogecoin.

    “This demonstrates the promise of combining best-in-class security with user demand and an established developer base.”

    Lily Liu, president of the Solana Foundation, said,

    “We’re thrilled to announce the DOGE bridge to Solana a big step in welcoming one of crypto’s most iconic communities to the Solana ecosystem.

    “DOGE, Bitcoin’s beloved pet, embodies the fun, irreverent spirit that drives on-chain culture.

    “By bridging DOGE into Solana’s network, we’re inviting the Dogecoin community and all OG crypto enthusiasts to join us in marrying on-chain culture and DeFi (decentralized finance).”

    Robinson Burkey, co-founder of Wormhole, said,

    “Trustless verification has always been the holy grail of interoperability, but achieving it at scale has remained elusive.

    “Seeing Psy and Wormhole come together to build this around an asset like DOGE captures the true cyberpunk spirit of crypto.

    “We’re excited to help bring a $36 billion asset to Solana soon to be powered by Wormhole.”

    How the bridge works

    The bridge captures and verifies each Dogecoin block header on Solana.

    Block headers contain essential blockchain data, including the previous block hash, timestamp, difficulty target, the Merkle root of all transactions in the block and the PoW consensus algorithm.

    By verifying these headers directly on Solana, the system cryptographically confirms the validity of Dogecoin transactions without intermediaries.

    When users send DOGE to the bridge, the system verifies the deposit on the Dogecoin blockchain and mints an equivalent amount of QDOGE tokens on Solana.

    To convert back, QDOGE tokens are burned on Solana, with withdrawal messages securely 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 has created a suite of infrastructure for developers including the following.

    • Txindex  fully-featured indexer for Dogecoin with effortless handling of forking behavior
    • Electrs-doge the first open-source block explorer for Dogecoin
    • Doge-sdk he first JavaScript SDK for Dogecoin
    • Forkr An easy-to-use tool for simulating forks/re-orgs on Bitcoin and Dogecoin
    About Psy Protocol

    Psy is the leading innovator in next-generation PoW technology, on a mission to restore the security and decentralization principles of blockchain while enabling modern scalability.

    Psy is bridging the utility gap between PoW and PoS (proof-of-stake) chains, empowering developers to build hyper-scalable Web 3.0 applications, to provide a credible alternative to a centralized internet controlled by a handful of tech monopolies.

    Contact

    Josh Adams, Serotonin

     



    Read the full article here

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related News

    MEET48 Launches IDOL Airdrop on June 9 Ahead of TGE, Leading Web3 Entertainment

    June 7, 2025

    Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale

    June 7, 2025

    Trump Family-Backed World Liberty Financial Sends Cease-and-Desist to Unauthorized Wallet: Report

    June 6, 2025

    How a Startup Could Avoid SEC Scrutiny With Strong Compliance Strategies

    June 6, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top News

    Coinbase, BiT Global End Legal Fight Over WBTC Delisting

    June 7, 2025

    Quant price could surge 47% if it flips one final barrier

    June 7, 2025

    The UK May Be Joining the US in Embracing Cryptocurrency – New Step Forward

    June 7, 2025
    Advertisement
    Demo
    Crypto Chain Post
    • Home
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2025 Crypto Chain Post. All Rights Reserved.

    71-75 Shelton Street, Covent Garden, London United Kingdom, WC2H 9JQ

    Type above and press Enter to search. Press Esc to cancel.