Dogecoin gets DeFi testnet as DogeOS bets miners will eventually secure its apps

Dogecoin gets DeFi testnet as DogeOS bets miners will eventually secure its apps

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

DogeOS has opened a public test network for Ethereum-style trading, lending and other applications using DOGE, an attempt to give Dogecoin holders more ways to use their coins beyond payments and price speculation.

Per documents shared with CoinDesk, the network launched Wednesday and is Ethereum-compatible, meaning it allows developers to use familiar software to build applications.

The trial uses test DOGE to pay transaction fees, with projects developing lending services, trading platforms and a cryptocurrency-backed stablecoin.

DOGE is one of the largest cryptocurrencies, with a market value of about $13 billion, yet most of it does little beyond sitting in wallets Applications that let holders lend, borrow or trade with their coins would give people a reason to hold DOGE other than a bet on its price.

Dogecoin itself was built to do one thing, move DOGE between wallets.

It cannot run a lending service or an exchange.

DogeOS runs those applications on a separate system and lets users bring their DOGE across, which means trusting that system to keep honest records.

DogeOS plans to back that trust with mathematical proofs — compact pieces of data showing the work was done by the rules without anyone having to redo it — and eventually have Dogecoin’s own network check them.

The first version depends on DogeOS’s selected operators and hardware.

A permissioned sequencer, an authorized operator, decides the order of transactions.

Analiz: Piyasa hareketliliği devam ediyor.