Psy Develops First Trustless Bridge from Dogecoin to Solana

Psy (formerly QED Protocol) has developed a trustless bridge connecting Dogecoin to the Solana blockchain. This innovation allows Solana users to securely transact with Dogecoin, powered by Psy and Wormhole, tapping into a $36B asset and its large community. This bridge enhances security by validating Dogecoin’s Proof-of-Work consensus directly on Solana without needing trusted third parties. It opens new opportunities for both networks; Dogecoin users gain access to Solana’s DeFi, NFT, and gaming applications, while Solana developers can leverage Dogecoin’s vast user base. Psy has also created a suite of developer infrastructure to support this bridge, including a fully-featured Dogecoin indexer, an open-source block explorer, and a JavaScript SDK. This bridge marks a significant step towards increased interoperability between different cryptocurrencies and blockchains.