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Proposed Dogecoin Upgrade To Propel DOGE To New Heights
Dogecoin (DOGE) leads in daily pullback among top market cap cryptocurrencies today. It went from a $0.2709 high to a $0.2541 low in the last 24 hours, representing an over 4% downward move of its price.
Despite the setback after reaching a one-month high of $0.2867 last week, major developments in the Dogecoin ecosystem could propel its token, DOGE, to new heights in the foreseeable future. This could be further reinforced by the anticipated arrival of the next altcoin season.
A New Upgrade on the Dogecoin Core
The team behind DogeOS, the application layer built on top of the Dogecoin blockchain, recently submitted a new protocol upgrade proposal to the Dogecoin Core, the full node implementation for the Dogecoin network.
ADVERTISEMENTThe proposal seeks to expand Dogecoin’s features from simply being a basic payment system. It aims to introduce native zero-knowledge proof verification in the network to enable on-chain proof verification for complex applications.
The proponents envision the upgrade as instrumental in paving the way for Dogecoin’s broader use cases in decentralized finance (DeFi) apps, Web3 games, non-fungible token (NFT) projects, and more. They explained that the OP_CHECKZKP upgrade is compatible with various cryptographic proofs. Additionally, its compatibility grows as it adapts to support new protocols being developed—potentially unlocking new opportunities for developers.
The DogeOS team ensured that the upgrade uses a secure implementation method. Hence, it won’t break the existing functionality of the Dogecoin chain.
ADVERTISEMENT## DogeOS Developing Its Own zkVM
DogeOS is currently developing a Zero-Knowledge Virtual Machine (zkVM) that integrates with the Dogecoin network. It would allow trustless interoperability across the two networks. In other words, it’s a compatibility layer that bridges Ethereum (ETH) tools and code to Dogecoin’s chain.
Overall, the platform helps balance scalability, security, and decentralization for Dogecoin. It also enhances network performance as DOGE holders could benefit from thousands of off-chain transactions per second, which are entirely verified on-chain through compact cryptographic proofs.
“With DogeOS, we’re keeping Dogecoin’s simplicity and security, but unlocking real DeFi and mainstream applications,” said Jordan Jefferson, CEO of DogeOS. “It’s how we turn that massive grassroots energy into a serious engine for the next wave of crypto adoption.”
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