MyDoge Team Launches DogeOS Testnet to Bring DeFi to Dogecoin
The MyDoge wallet team has launched a testnet for DogeOS, a Layer 2 network designed to add smart contracts and DeFi applications to Dogecoin without changing the underlying blockchain. Fees are paid in DOGE.
DOGEUSD
The team behind the MyDoge wallet has unveiled a testnet for DogeOS, a Layer 2 network intended to bring smart-contract functionality and DeFi applications to Dogecoin.
According to the announcement, transaction fees on DogeOS are paid in DOGE. The design does not require changes to the Dogecoin blockchain itself, leaving the base layer unchanged while adding programmability on top.
Key details from the launch:
- DogeOS is a Layer 2 network for Dogecoin
- It aims to enable smart contracts and DeFi apps
- Fees are denominated in DOGE
- The underlying Dogecoin blockchain remains unchanged
Source: ForkLog