Markets News Report
December 22, 2023

Dogechain Responds to Media’s Disruption Claims Amid Polygon Labs’ Move to Polygon CDK

In Brief

Despite media claims of Dogechain’s operations being affected, the project said it has its plan ready to transition to Polygon CDK.

Dogechain Addresses Disruption Claims Amid Polygon Labs' Software Change

Polygon Labs, the developer of the Polygon blockchain ecosystem recently decided to discontinue its contributions to Polygon Edge, the open-source software used as the foundation in Dogechain – a project created to bring decentralized finance (DeFi) capabilities to the Dogecoin community.

Polygon Labs is focusing on the development of layer-2 blockchains powered by zero-knowledge cryptography (ZK), as seen in their new framework called Polygon CDK.

Various media reports said it remains unclear how Dogechain’s operations and roadmap might be affected by Polygon Labs’ decision to discontinue support for Polygon Edge. They further claimed that there have been no immediate responses from Dogechain regarding this development.

Reports further suggested that despite Dogechain’s intentions, it did not have the official endorsement of top leaders in the Dogecoin community, and the Dogecoin Foundation clarified that it had no affiliation with the Dogechain project.

Dogechain has its plan ready to transition to zk-rollup technology through Polygon CDK. This transition is expected to provide Dogechain with major scalability benefits, aligning with Polygon’s vision for a more efficient and cohesive ecosystem, a source familiar with the matter shared with Metaverse Post.

“Previously developed using Polygon Edge, Dogechain is going to make the transition to zk-rollup via Polygon CDK. As a result, Dogechain will be one of the earliest movers on Polygon’s most powerful product yet. The transition will give Dogechain major scalability and dominance potential in 2024.”

The project’s choice of Polygon Edge at launch was based on its perceived strengths in security and efficiency within the Ethereum Virtual Machine (EVM) world.

Impact on the Dogechain Community

According to the source, Dogechain will be joining Polygon 2.0.

“As part of the Polygon ecosystem, DogeChain can seamlessly interact with other projects and protocols on the network, enabling cross-chain interoperability. The integration would also provide DogeChain with access to Polygon’s vibrant developer community, fostering collaboration and innovation with other projects.”

The move is anticipated to attract more users to the Dogechain ecosystem, solidifying its position as a beloved, fun, and utility-driven cryptocurrency.

In light of Dogechain’s detailed response, it becomes clear that the project is actively embracing the changes in the blockchain space, aligning itself with the future vision presented by Polygon 2.0. The strategic transition to zk-rollup via Polygon CDK signifies Dogechain’s intent to adopt innovation, scalability, and a seamless experience for its community in the crypto landscape.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Kumar is an experienced Tech Journalist with a specialization in the dynamic intersections of AI/ML, marketing technology, and emerging fields such as crypto, blockchain, and NFTs. With over 3 years of experience in the industry, Kumar has established a proven track record in crafting compelling narratives, conducting insightful interviews, and delivering comprehensive insights. Kumar's expertise lies in producing high-impact content, including articles, reports, and research publications for prominent industry platforms. With a unique skill set that combines technical knowledge and storytelling, Kumar excels at communicating complex technological concepts to diverse audiences in a clear and engaging manner.

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Kumar Gandharv
Kumar Gandharv

Kumar is an experienced Tech Journalist with a specialization in the dynamic intersections of AI/ML, marketing technology, and emerging fields such as crypto, blockchain, and NFTs. With over 3 years of experience in the industry, Kumar has established a proven track record in crafting compelling narratives, conducting insightful interviews, and delivering comprehensive insights. Kumar's expertise lies in producing high-impact content, including articles, reports, and research publications for prominent industry platforms. With a unique skill set that combines technical knowledge and storytelling, Kumar excels at communicating complex technological concepts to diverse audiences in a clear and engaging manner.

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