Tallinn, Estonia – November 29, 2021 – The cryptocurrency space is all set to witness a revolution in the coming year. A newly launched token, Doge Protocol, is soon to introduce the largest blockchain in the world through a combined multi-fork of Bitcoin, Ethereum, DogeCoin and Doge Protocol tokens. The breakthrough Doge Protocol blockchain will be Quantum-resistant and use PoS consensus with smart contract support.
It’s to note here, after the official release of the Doge Protocol blockchain, holders of Ethereum. Bitcoin, Doge Coins won’t have to give up their tokens to get the Doge Protocol tokens. In other words, Ethereum. Bitcoin, DogeCoin and DogeP token holders will be able to claim their stake in the Doge Protocol blockchain through the process of cross-signing a transaction with their existing wallet key and the new Quantum Resistance key. However, the DogeP token holders will have the exclusive advantage of early entry into the largest quantum resistant blockchain of the world. They might also be able to stake in the satellite-chain tokens.
The Doge Protocol token was launched on Sushiswap and Uniswap on September 1, 2021. The Testnet and Mainnet will be launched in the second quarter of 2022. It’s a deflationary token, with 0.1% burn on every transaction. Post mainnet, the blockchain block rewards will also be similar to Bitcoin, reducing by 50% each year.
After the launch of the mainnet, Doge Protocol would become the largest blockchain to be developed ever, courtesy the breakthrough multi-fork aspect.
In an exclusive interview, one of the leading spokesperson from the Doge Protocol team shared that the cutting-edge project is aimed to bring in a well decentralized and secured public blockchain that can benefit the wider community in several ways. The platform has strategically adopted the high-tech Quantum Resistance technology to improve security while smart contracts provide significant functionality to the blockchain. On the other hand, use of PoS consensus assures a green project as the Proof-of-Stake model consumes less energy compared to the traditional Proof-of-Work model.
After the launch of the mainnet, the Doge Protocol community will collaborate with major tokens and communities in the Ethereum ecosystem, such as UniSwap, Aave, and Shiba Inu, to create as well as allocate to holders the respective tokens in the Doge Protocol blockchain.
Top features of Doge Protocol blockchain –
- World’s largest blockchain created out of multi-fork
- Quantum resistance blockchain
- PoS consensus makes it green eco-friendly blockchain
- EVM-compatible smart contract support
- Pluggable satellite chains for various major functions like media streaming, file storage etc.
- Community-driven project backed by powerful governance model
- Sharding capacity to assure higher number of transactions per second
“We aim to make the Doge Protocol future-proof with futuristic security measures. We are driven by the vision to create a powerful blockchain that will not only be resistant to current quantum computer threats but also would continue to evolve as per the changes in the security landscape.”
For more information, please visit https://dogeprotocol.org