Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Leading mining pools and computing power ecosystems join the Psy Protocol testnet to build a next-generation PoW smart contract platform.
2025-11-07 12:00

According to Odaily Planet Daily, four leading global mining pools and computing power ecosystems—F2Pool (the world's largest Dogecoin and Litecoin mining pool), GrandCroix, DePIN X Capital, and Codestream—have officially joined the Psy Protocol public testnet. They will participate in network operation, transaction verification, and zero-knowledge proof aggregation with real computing power, providing basic support for performance and security testing before the mainnet launch.

Psy Protocol has been validated in internal benchmarks for processing over one million transactions per second (TPS). The protocol architecture delegates the generation of transaction proofs to users on their local devices, while miners verify and recursively aggregate zero-knowledge proofs. This decouples the verification burden from transaction volume, enabling the network to scale horizontally as more users participate in parallel.

Psy Protocol is a smart contract platform based on useful proof-of-work. By having users generate transaction proofs and aggregate zero-knowledge proofs on-chain, Psy provides developers with the ability to build massive Web3 applications and empowers the AI agent economy.