Psy Protocol

Psy Protocol (formerly QED Protocol) is a revolutionary Layer-1 blockchain specifically engineered to address blockchain’s core challenges: scalability, security, and user privacy. Utilizing advanced zero-knowledge (zk) technology, Psy enables rapid transactions, minimal fees, and robust privacy—ideal for mainstream decentralized application adoption. Central to Psy Protocol is our unique Proof of Useful Work (PoUW 2.0) consensus mechanism, where miners collaboratively perform valuable computational and data-storage tasks, directly enhancing network scalability, security, and efficiency. Complementing PoUW 2.0 is Psy’s zkPARTH architecture, supporting millions of parallel transactions without conflicts or bottlenecks, perfectly suited for decentralized payments, Web2 integrations, gaming, and sophisticated decentralized exchanges (DEX). Psy prioritizes user privacy by enabling local transaction verification, ensuring sensitive personal data never leaves the user’s device. Our experienced 30-member team bridges expertise from Web2 and Web3 sectors, managing substantial blockchain infrastructure, securing billions in digital assets, and developing critical solutions for global blockchain-native and traditional enterprises. Our investors include top-tier financial and strategic backers such as Blockchain Capital, Arrington Capital, Blockchain Builders’ Fund (Stanford Blockchain Accelerator), ViaBTC, F2Pool, Darin Feinstein (Founder of Core Scientific), Anagram, and BTC Magazine. We actively collaborate with leading organizations from various verticals, including Solana Foundation, Nexus Labs, Polygon Miden, Antpool, Bitcoin Magazine, Lbank, and many others, driving innovation and adoption across blockchain ecosystems. Learn more: Docs: psy.xyz/docs Twitter: twitter.com/PsyProtocol GitHub: github.com/PsyProtocol