Tuesday, 02 January 2024 12:17 GMT

Psy Develops First Trustless Bridge From Dogecoin To Solana


(MENAFN- Chainwire) Hong Kong, China, May 22nd, 2025, Chainwire

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

Psy (formerly QED Protocol) has developed a trustless bridge connecting Dogecoin to the Solana blockchain. This innovation brings proof-of-work security to Solana while making Dogecoin, the world's largest memecoin, available to Solana's ecosystem of dapps.

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 $36B+ 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 proof-of-work technology validates Dogecoin Proof of Work 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 proof-of-work innovator for Solana, bridging the security benefits of proof-of-work with Solana's speed and programmability. This integration demonstrates that new proof-of-work 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 web3 applications to host the next generation of the decentralized internet.

The bridge supports standard Dogecoin wallets and exchange deposits.

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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 Proof of Work 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:

  • txindex: a fully-featured indexer for Dogecoin with effortless handling of forking behavior
  • electrs-doge: the first open-source block explorer for Dogecoin
  • doge-sdk: the first JavaScript SDK for Dogecoin
  • forkr: an easy-to-use tool for simulating forks/re-orgs on Bitcoin and Dogecoin.

About Psy Protocol

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