Dogecoin Foundation says that she works with Vitalik Buterin from Ethereum on a staking concept-
Dogecoin Foundation says that she works with Vitalik Buterin from Ethereum on a staking concept-
According to the Dogecoin Foundation, the organization with Vitalik Buterin is working on the development of Proof-of-Stake (POS) functions for the Dogecoin network. The "unique Doge proposal" aims to support a "Community Staking" version of the protocol.
Dogecoin Foundation discusses the “TrailMap” of the project
On December 23, the official Twitter account of the Dogecoin Foundation tweeted " route plan ", a series of initiatives that essentially describe the proposed direction of the Dogecoin block chain and the ecosystem. The Dogecoin Foundation says that a traditional crypto "roadmap" is a rigid summary of the direction of a cryptocurrency network and normally "is led by a single company or" lead ".
The basis behind the Dogecoin blockchain protocol says that Dogecoin has always been "driven by the community" with "many individual and organizational participants". "Dogecoin is a open source project operated by the community, and his management is formed by the many individuals and organizations who are involved in the various projects of the Dogecoin blockchain [and] ecosystem," says the DOGECOIN FOUND. The Dogecoin TrailMap adds:
This trail map represents a dog walk that the Dogecoin Foundation wants to research and of which we believe that it will contribute to Dogecoin.
The TrailMap explains a number of projects and suggestions on which the foundation works, and shared the recently published dogecoin-manifest published the organization in August. Essentially, the basics of the trail map emphasize that the benefit of the crypto asset corresponds to acceptance.
gigawallet project and cooperation with Vitalik on a community staking version of POS
One of the projects mentioned is the gigawallet project , which is "an open-source initiative to conclude these gaps by a node/API solution is provided that can be set up in seconds and enables a developer to add Dogecoin transactions to his platform as easily as with every sophisticated payment provider ”. .. " The Dogecoin Foundation believes that the gigawallet project will "speed up" the introduction of Dogecoin (Doge).
In addition to the gigawallet project, the foundation also claims to work with the co-founder of Ethereum, Vitalik Buterin. "The basis [IS] Cooperation with Vitalik in the development of a unique Doge proposal for a 'Community Staking' version of POS, which enables everyone, not only the big players, to participate in a way that is rewarded for their contribution to the operation of the network, and at the same time gives the entire community a bit back through chargeable purposes," says the trail map.
The Foundation's POS proposal follows Bautin's statements about the cooperation with the Dogecoin community in June. The fellow of Ethereum The topic discusses in the podcast of Lex Fridman. "If Doge somehow wants to beat a bridge to Ethereum and the people can exchange thousands of times per second in a loop ring, then that would be amazing," said Buterin back then.
Also in September last year's founder of Dogecoin Billy Markus Ethereum bridge and compatible markets for non-fungible tokens (NFT) would improve the Dogecoin network. "Two things I believe that they would help Dogecoin: [The] Completion of Doge↔ ETH Brücke, [And] NFT-platforms (e.g. Openea), e.g. The doge- eth token for purchases ", remarked Markus on Twitter. "The purchase of NFTS is very much in demand from Krypto. Consideration of Doge purchases from NFTS significantly increases the benefits."
What do you think of the Trail Map of the Dogecoin Foundation and the Foundation, which works with Vitalik on a kind of Doge-POS system? Let us know your opinion on this topic in the comments below.
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