The PoW public chain Psy Protocol officially deploys its public Testnet, integrating internet-level scale and speed while maintaining Bitcoin-level security.

Odaily News According to reports, the Psy Protocol has officially launched its public Testnet. This network is based on an innovative blockchain architecture that achieves internet-level throughput and high-speed performance while maintaining Bitcoin-level security. With client-side zk-SNARKs and a horizontally scalable state architecture (PARTH), the Psy Protocol achieved a performance of millions of TPS in internal testing, and the block processing time for all transactions only increases logarithmically with user scale, ensuring the system remains efficient during large-scale applications. Its PoW 2.0 (Useful Proof of Work) consensus mechanism transforms mining into the process of generating and aggregating zk-SNARKs, which are directly used to ensure transaction security. The Psy Protocol is a smart contracts platform based on Useful Proof of Work, providing developers with the ability to build ultra-large-scale Web 3 applications by allowing users to generate transaction proofs and aggregate zk-SNARKs on-chain.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Geopolitical Tensions Still Strong as the Middle East Defends Against Iran Strikes, Will BTC Surge?

Geopolitical tensions still strong as the Middle East defends against Iran strikes. Iran could go through a regime change, how will world leaders respond? Will the price of BTC surge in the coming new week? The US and Israel made a bold move this weekend and ignited a battle against Iran

CryptoNewsLand8m ago

Analysis: The key support level for Bitcoin is $64,500. Currently, the bears are not strong enough to push Bitcoin quickly below $60,000.

Crypto analyst Murphy pointed out that using Bitcoin's historical average turnover cost to gauge market sentiment is more effective, with strong bullish resistance when the current price approaches $64,500. Market uncertainty stems from US-Iran geopolitical conflicts, and their impact factors should be monitored. The analysis will be further validated after the US stock market opens.

GateNews17m ago

Bitcoin Crashes to $63K as US, Israel Bomb Iran

Bitcoin (CRYPTO: BTC) faced renewed geopolitical turbulence over the weekend as reports of a joint U.S.-Israel operation targeting Iran intensified market chatter. The move came as traditional markets remained in a holding pattern, leaving crypto traders to assess the implications in a vacuum. On

CryptoBreaking24m ago

Why JP Morgan Sees Bitcoin Beating Gold Long Term?

The global financial world just received a powerful signal. A four trillion dollar banking giant now sees Bitcoin differently. JP Morgan has publicly stated that Bitcoin looks more attractive than gold for the long term. That statement carries serious weight in the Bitcoin vs gold debate. For

Coinfomania33m ago

U.S. publicly traded company AEHL launches the Digital Asset Allocation "Genius Plan" and completes its first purchase of $1 million worth of BTC

Antelope Enterprise Holdings Limited (AEHL) officially launches the Digital Asset Allocation "Genius Plan," having completed its first purchase of $1 million worth of BTC. The goal is to build a Bitcoin holding system through phased accumulation, explore the linkage model between Wall Street capital and digital assets, and buy the dip to respond to market declines.

GateNews49m ago
Comment
0/400
GateUser-6a5b261cvip
· 2025-10-03 04:50
Hold on tight 💪
View OriginalReply0
Juanalejovip
· 2025-10-03 02:51
excellent relevant information for decision making
View OriginalReply0
GateUser-ab526ce3vip
· 2025-10-03 02:33
top akskdhakbfienxdhekfnf
View OriginalReply0
GateUser-ab526ce3vip
· 2025-10-03 02:33
Bull Run 🐂
Reply0
VeritasBLRvip
· 2025-10-02 20:35
Hold on tight 💪
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)