QED

Psy Protocol (formerly QED Protocol) is a revolutionary Layer-1 blockchain engineered to address the core challenges of scalability, security, and user privacy using advanced zero-knowledge (zk) technology. At the heart of the protocol is its unique Proof of Useful Work (PoUW 2.0) consensus mechanism, where miners collaboratively perform valuable computational and data-storage tasks to enhance network efficiency, complemented by the zkPARTH architecture that supports millions of parallel transactions without bottlenecks. Backed by investors including Blockchain Capital, Arrington Capital, and the Stanford Blockchain Accelerator, Psy Protocol serves decentralized payments, Web2 integrations, gaming, and DEX applications while ensuring user privacy through local transaction verification.