Connecting Proof of Work and Privacy: Psy Protocol's Testnet Pushes the Boundaries of Blockchain
- Psy Protocol integrated four major mining pools into its testnet to validate infrastructure ahead of mainnet launch, leveraging real-world hashrate for network operations and ZKP aggregations. - The protocol combines PoW with ZKP aggregation to achieve over 1 million TPS, aiming to address scalability challenges in Web3 and AI-driven ecosystems while maintaining decentralized security. - Participation from F2Pool and other industry leaders signals institutional confidence, with the testnet phase focusing
On November 7, Psy Protocol, a next-generation Proof-of-Work (PoW) smart contract platform, revealed that it has brought four prominent mining pools and hashrate ecosystems—F2Pool, GrandCroix, DePIN X Capital, and Codestream—onto its public testnet, as reported by
The participation of F2Pool, the leading mining pool for
Psy Protocol stands out for its hybrid model that combines PoW with ZKP aggregation, tackling issues of scalability and privacy while preserving the security of a decentralized system, according to Bitcoin World. By empowering developers to create high-throughput applications, Psy Protocol seeks to overcome traditional blockchain constraints and meet the needs of new AI-powered ecosystems, as reported by Lookonchain.
Experts in the industry point out that this testnet phase could establish new benchmarks for blockchain technology. The collaboration not only substantiates the protocol’s technical assertions but also marks a move toward more institutional-level testing within the crypto industry, as stated by Bitcoin World. If Psy Protocol’s architecture proves successful, it could transform how blockchain networks manage transaction loads, potentially speeding up the adoption of decentralized solutions in finance, AI, and other sectors, according to Lookonchain.
As the testnet advances, the project’s roadmap continues to prioritize optimizing performance and addressing unique scenarios. Although an official mainnet launch date has not yet been disclosed, the involvement of leading mining pools indicates that the timeline is likely tied to the completion of comprehensive testing, as per Bitcoin World.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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