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Psy Protocol (Prev. QED Protocol)

Psy Protocol (Prev. QED Protocol)  

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Chain

Status

QED Protocol has rebranded to Psy Protocol. For more information, please check the official announcement: https://x.com/QEDProtocol/status....

General Info

Funds and Backers

Description

Psy Protocol is a blockchain based on PoUW 2.0 consensus, which solves the blockchain trilemma with unprecedented scalability, security, and decentral

What is Psy Protocol (Prev. QED Protocol)?

Psy Protocol is a groundbreaking blockchain designed to overcome the traditional blockchain trilemma of scalability, security, and decentralization. Built from first principles, Psy introduces a novel architecture to deliver a scalable, privacy-first, and trustless internet, fulfilling the original Web3 vision.

Key features:

  • PARTH State Architecture: A parallelized, user-centric state model using interconnected Merkle trees (UCON and CSTATE) to eliminate write conflicts and enable millions of transactions per second (TPS) with logarithmic scaling (O(log(n))).

  • End-to-End Zero-Knowledge Proofs (ZKPs): Transactions are proven locally via User Proving Sessions (UPS), aggregated through Global User Tree Aggregation (GUTA), and finalized in a single, succinct block proof, ensuring security through "Proof of Math" rather than validators.

  • Proof of Useful Work (PoUW) 2.0: A consensus mechanism where miners generate ZK proofs and ensure data availability, aligning incentives with network utility, enhancing security, and improving energy efficiency compared to traditional Proof of Work.

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