Vitalik Buterin has suggestions for the collaboration of Dogecoin and Doge with Ethereum - Altcoins Bitcoin News

Vitalik Buterin has suggestions for the collaboration of Dogecoin and Doge with Ethereum - Altcoins Bitcoin News

Ethereum co-founder Vitalik Buterin has some suggestions, which he would personally like to see with Dogecoin and the collaboration of the meme cryptocurrency with Ethereum.

Vitalik Buterin on the development of Dogecoin and his Ethereum collaboration

Ethereum co-founder Vitalik Buterin informed his thoughts on the possible cooperation between Dogecoin and Ethereum on Wednesday as part of a Twitter experiment, in which only the 268 people he followed can ask him questions.

ZHU SU, CEO of Three Arrows Capital, asked: "What are some promising ideas for working between Ethereum and Doge? What interested you in Doge for the project?" Su recently said that he " very bullish " on Dogecoin and that Meme cryptocurrency "has no risk that there are ever regulatory problems".

With reference to Proof-of-Stake (POS) and ProOF-of-WORK (POW), BETERIN SU:

I personally hope that Doge can switch to POS soon, maybe with Ethereum code. I also hope that you do not cancel the annual Pow emission of $ 5 billion, but put it in a kind of DAO that finances global public goods. Would go well with the non -greedy healthy ethos of Dogecoin.

In June, butterin also spoke about a possible cooperation between Ethereum and Dogecoin. "If Doge somehow wants to hit Ethereum and people can act with Doge for thousands of times per second within the loopring, then that would be amazing", the Ethereum co-founder meant . "I think if we can have a safe Dogen-to-Ethereum bridge. That would be surprising, and if Ethereum then gets scalability that works for Ethereum-Assets, you could act packaged with very low transaction fees and very high speed," he continued.

In August the Dogecoin Foundation with a butterin started as one of her Board consultant Birchall, a close employee of Tesla CEO Elon Musk, another prominent Dogecoin supporter.

The numerous questions that the butterin received as part of his Twitter experiment belonged to whether he would probably create another cryptocurrency. The Ethereum co-founder simply replied with "No".

What do you think of Vitalik Buterin's suggestions for Dogecoin? Let us know in the comment area below.

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