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Psy Protocol has unveiled a groundbreaking trustless bridge connecting Dogecoin to Solana, enabling seamless transactions between the two blockchains. This innovation leverages proof-of-work security to bring Dogecoin’s $36B market cap and vibrant community into Solana’s ecosystem. The collaboration with Wormhole eliminates intermediaries, addressing a critical vulnerability in crypto bridges.
- Psy’s bridge enables Dogecoin ($36B market cap) to interact with Solana’s DeFi/NFT apps without centralized intermediaries.
- Uses proof-of-work validation to prevent bridge hacks, a $2.8B vulnerability in crypto infrastructure.
- Includes developer tools like a Dogecoin JavaScript SDK and fork simulator to streamline ecosystem growth.
📎 Related coverage from: cryptopotato.com