DogeOS Mainnet Nears Launch as Dogecoin Expands Into DeFi Apps

  • CEO Jordan Jefferson says development and audits are complete, but he gave no launch date.
  • The public testnet lets developers try Ethereum-compatible apps with DOGE as the fee token.
  • A proposed upgrade would let Dogecoin verify app activity. It still awaits approval.

DogeOS has finished developing and auditing its first version and is preparing to launch its mainnet, founder Jordan Jefferson said. In a November 11 interview, he gave no launch date. More than 100 builders are already working on projects that could give DOGE holders new ways to use their coins beyond payments and tips. 

How DogeOS lets developers build apps that use Dogecoin

The public testnet, which opened on September 30, gives developers a place to try their software before the mainnet goes live. DogeOS supports the Ethereum Virtual Machine, so developers can use familiar Ethereum tools to write smart contracts. The network uses DOGE for transaction fees. 

Jefferson pointed to games where players could earn DOGE as one possible use. He also sees a role for decentralized finance: holders could use their coins in financial apps alongside the wallets they already use to send payments. 

With the audits complete, the DogeOS team is helping developers prepare their projects and working on wallet and exchange integrations. Jefferson’s figure of more than 100 refers to people building on the network. He did not say how many apps would be ready on launch day. 

What the proposed upgrade would change for Dogecoin

Dogecoin product director Timothy Stebbing outlined the technical distinction on November 11. Smart contracts would run on a separate network, leaving Dogecoin’s underlying blockchain focused on payments.

One proposal, called OP_CHECKZKP, would let Dogecoin verify a cryptographic proof of work performed on DogeOS. The base network could then check the result without running every smart contract itself. The proposal still needs approval.

Funding the people who maintain Dogecoin is a separate question. The October launch of Dogecoin Labs brought together teams from DogeOS, the Dogecoin Foundation and House of Doge. Jefferson said a network of Dogecoin’s size needs a steadier way to pay core developers than relying on donation.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

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