The PoW public chain Psy Protocol officially deploys its public Testnet, integrating internet-level scale and speed while maintaining Bitcoin-level security.

GateNews

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.

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

Oil prices return to $105, hitting a three-year high! Is Bitcoin facing the risk of another major drop?

International oil prices have recently risen to $105, and historically that level has often been associated with Bitcoin declines. Analysis indicates that the relationship between oil prices and Bitcoin is complex, with a wide range of influencing factors, so it should not be attributed simply to oil price fluctuations. However, the current rise in oil prices could create indirect pressure on Bitcoin.

GateNews4m ago

The U.S. 401(k) opens cryptocurrency investing for the first time! Millions of retirement account funds may accelerate into the market

The U.S. retirement investment system is set for a major overhaul. The EBSA is proposing to loosen 401(k) plan limits on alternative asset allocations, allowing assets—including cryptocurrencies—to enter mainstream investment portfolios to improve long-term returns and diversification. The Treasury Secretary emphasized safety, while the Labor Secretary noted that investment innovation would be promoted. The introduction of alternative assets and the risks involved must be handled carefully.

GateNews5m ago

Strategy Now Dominates Corporate Bitcoin Buying as Treasury Demand Narrows

Strategy has rapidly accumulated 45,000 BTC over the last month, dominating corporate Bitcoin demand, while other treasury firms bought only 1,000 BTC, indicating a shift toward a less diversified market and heightened concentration risk.

CryptoNewsFlash7m ago

Is Bitcoin faith reigniting again? Saylor restarts “Laser Eyes,” and giant whales collectively add to their positions

By the end of March 2026, Bitcoin market sentiment has heated up. MicroStrategy’s Saylor is once again using a “laser eyes” profile picture, drawing attention and signaling a bullish outlook. Despite being in the red, Saylor continues to accumulate more Bitcoin, aiming to reach 1,000,000 coins. Other investors have followed suit, indicating recognition of Bitcoin’s long-term value and suggesting that the market may be building a new supply-demand balance.

GateNews8m 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