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23.11 - 02:43
Dogecoin’s latest update and what it means for the price
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Here’s a way for Dogecoin to become more popular and mainstream as a means of payment. One, speed up block time by 10x, Second, increase the block size by 10x, and third, drop fees by 100x. Well, all these steps might just become reality soon after the latest proposal (1.14.5) comes to fruition.
The developers behind the meme-coin are in the news today after they shared a tweet that read,
“Dogecoin Core 1.14.5 has been tagged (“gone gold”, but for open source), and we’re running the Gitian build process for it now. It’s not done until we verify the build is good, but sooooon.”
This upgrade is set to tackle the most criticized aspect for DOGE i.e. Dogecoin fees. It is designed to reduce overall transaction fees as well as incentivize node
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