What is dogechain & how does it work?

This is where the Dogechain project comes into play. Dogechain is an EVM-compatible blockchain that runs on the Polygon Network. The Dogechain team created this blockchain to bridge over Dogecoin, allowing Dogecoin users to access the growing DeFi ecosystem. Dogechain isn’t a Layer 2 network, nor is it associated with Dogecoin.

Is dogechain a layer 2 network?

Dogechain isn’t a Layer 2 network, nor is it associated with Dogecoin. Instead, it’s a kind of bridge that will let Dogecoin holders transfer their tokens to the Dogechain so they can buy NFTs, develop GameFi apps and participate in various types of DeFi projects.

Is dogechain compatible with Dogecoin?

The cross-chain compatibility between Dogechain and the Dogecoin blockchain is perhaps its most defining feature. When needed, you can easily wrap Dogecoin tokens via the Dogechain bridge, and use it to buy NFTs, participate in GameFi or create DApps.

Why is dogechain based on polygon edge?

Since the Dogechain is built with Polygon Edge, it retains some of the properties of its parent protocol. Using the protocol has certain advantages. For instance, Polygon Edge is EVM-compatible. This means that developers can create tokens on the blockchain using the popular ERC-20 protocol.