The recent announcement from QED Protocol spotlights a new opcode initiative for Dogecoin.

The zero-knowledge native blockchain protocol has unveiled a new opcode proposal for Dogecoin, named OP_CHECKGROTH16VERIFY, aiming to bring a new level of trustlessness to DOGE scaling, enrich smart contract abilities, and bolster decentralized applications. QED The proposal specifically highlights that the QED protocol introduces the opcode OP_CHECKGROTH16VERIFY for Dogecoin, which is designed to check a Groth16 zero-knowledge proof over BLS12-381. It envisions a verification process that accommodates two public inputs and can operate in two distinct modes defined by the stack's configuration. Dogecoin In its primary operational mode, this opcode verifies proofs that include two public inputs alongside a verifier key, all of which are stored on the stack. If the proof fails validation, the transaction is deemed invalid, while a valid proof allows it to function similarly to OP_NOP. Conversely, the second mode also verifies a proof with two public inputs and a verifier key, except in this case, the verifier key and the first public input are on the stack, with the second public input represented by the transaction’s SIGHASH.

Integrating this opcode, especially in its first mode, enables the verification of trustless computations on Dogecoin. Additionally, it opens the door to creating recursive covenants and developing enhanced smart contract features through SIGHASH introspection.

Beyond just the proposal, QED has also rolled out a functional implementation that branches from the existing Dogecoin codebase, along with a thorough end-to-end demonstration showcasing how the opcode can be applied to effectively scale DOGE.

In a significant development, QED has successfully raised $6 million to boost the performance of its smart contract execution layer and Layer 2 solutions, specifically addressing the hurdles of Web3 development. The platform is designed for horizontal scalability, security, and user-friendliness, catering to the needs of both developers and end-users while supporting a wide array of applications such as decentralized finance (DeFi), non-fungible tokens (NFTs), and others. Dogecoin Earlier this month, Blockchain Capital led a funding round that brought in $6 million for the project, which propels QED's mission to enhance the performance of smart contracts, Layer 2 solutions, and a vast array of Web3 applications using its cutting-edge technology.

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