Rosen Bridge announced Thursday via X that it expects Dogecoin to be integrated into its secure inter-chain ecosystem in about two weeks. This evolution would allow Doge’s holders to access the countless opportunities that DEFI has to offer – such as the characteristics of agriculture, development and confidentiality – by taking advantage of Rosen’s high security bridge technology, which already supports Ergo, Cardano, Ethereum and BNB.
“Rosen Integrating Doge in his secure ecosystem is progressing well, 2 weeks?” The announcement will be read on X. “DOGE allowing holders to access agriculture, jalitude, confidentiality characteristics and other opportunities.
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The next integration of Rosen Bridge de Dotecoin follows the official launch of the project on Ergo Mainnet in December 2023. In a press release at the time, the team stressed the importance of a secure and interoperable infrastructure for the future of decentralized funding:
“As the industry has developed, the need for an interoperable secure blockchain infrastructure has become more and more important. For the DEFI sector to really flourish, decentralization and open source tools must be the priority. With the launch of Rosen Bridge, we establish a new standard in the safety of bridges with clear open hypotheses – with the potential for the revolution of the industry and to establish an ERGO as a SU for the intersection for multiple blocking.
Liberation underlined how transversal interoperability can decompose barriers between isolated blockchain ecosystems. By facilitating the exchanges of native assets between blockchains such as Cardano, Ethereum, Binance Smart Chain and Soon Dolecoin, Rosen Bridge aims to unlock new levels of collaboration and innovation.
Rosen Bridge’s approach is anchored by Ergo’s proof of work proof, which the team describes as “tested in time and robust”. Unlike many existing cross protocols, the basic safety logic for Rosen Bridge resides on Ergo itself, minimizing the need for external intelligent contracts which can introduce vulnerabilities on other networks.
According to the team, previous bridge technology on other blockchains required that interaction blockchains are performing smart contracts on their respective networks – a scenario that can create several attack vectors. »»
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On the other hand, Rosen Bridge works with a two -layer authentication system made up of “observers” and “guards”. Observers monitor and reach consensus on events through integrated blockchains. Once a consensus is reached, the guards check these events and finalize the transactions. This modular architecture allows Rosen to expand more effectively while maintaining a strong security posture.
Currently, the Rosen Bridge supports Cardano on the Mainnet Ergo, allowing direct exchanges and transversal operations without strongly impressing the resources of each participating network. The addition of DOGE means that DOGECOIN holders could soon participate in a range of DEFI requests, punctuating an asset which has historically been limited in usefulness to the new boundaries of staking, intimacy and yield.
At the time of the press, DOGE exchanged $ 0.16
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