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

Bitcoin faces further downside as analyst marks $60k as key level

Professional trader Alessio Rastani has revised his Bitcoin outlook, suggesting the market could slip below $60,000 before a meaningful bottom forms. In a recent Cointelegraph interview, Rastani explained that while Bitcoin staged a brief recovery earlier this year, the shape of that bounce does

CryptoBreaking1h ago

Long-term BTC short whale cancels $50,525 limit buy order, still plans to bottom-fish at $53,525

According to HyperInsight monitoring, on March 21st, a long-term BTC short seller whale canceled a $50,525 limit buy order set on the Hyperliquid platform, while retaining an order to buy 50 BTC at $53,525. This whale had previously shorted 499.91 BTC with 20x leverage, accumulating profits of $61.34 million.

GateNews3h ago

Twenty One Capital transferred 392.19 BTC to a certain CEX, valued at $27.67 million

Gate News report: On March 21, according to Lookonchain monitoring, Twenty One Capital transferred 392.19 BTC to a certain CEX after 2 months of inactivity, valued at $27.67 million.

GateNews3h 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