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Dogecoin To Introduce Layer-2 Scaling Solution For Smart Contracts.

Dogecoin To Introduce Layer-2 Scaling Solution For Smart Contracts

According to Cointelegraph, blockchain developers QED Protocol and Nexus are set to launch a layer-2 (L2) scaling solution aimed at integrating smart contracts into the Dogecoin network. Announced on September 26, the new L2 solution, a zero-knowledge virtual machine (zkVM), is designed to enable Dogecoin to compete with established smart contract platforms like Ethereum and Solana.

Dogecoin, which operates on a proof-of-work (PoW) blockchain similar to Bitcoin but with less computational intensity and no cap on total supply, currently does not support smart contracts. The introduction of a high-throughput zkEVM on Dogecoin is expected to enhance the network's capabilities significantly. QED and Nexus stated that this development would make Dogecoin's network.

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