Suggestions for Doge

Suggestions for Doge cooperation with Etherum, A quick overview

Vitalik Buterin, Co-founder of Etherum, has some Suggestions for Doge cooperation with Etherum. He suggested what he want to see in meme cryptocurrency, Dogecoin, in the future.

Who would have that the cryptocurrencies built as a joke can make their presence felt? Dogecoin with a market cap of almost 40 billion dollars seems to impress some big names like the CEO of Tesla Elon Musk and Co-founder of Etherum Vitalik Buterin. Musk was even convincing people that Dogecoin has a better working Mechanism than the father of Crypto, Bitcoin.

In June, Vitalik Buterin has spoken about how he wants a bridge between Etherum and Dogecoin. His “Suggestions for Doge corporation were that cooperation of two chains will make transactions easier, faster, and with low transaction fees”. In August, Vitalik Buterin was present at relaunching ceremony of Dogecoin as one of its board advisors along with Elon Musk’s associate, Jared Birchall.

Suggestions for Doge:

Recently, Vitalik Buterin launched a Twitter experiment in which 268 people, who were being followed by him, can ask questions. Zhu Su, CEO of Three Arrows Capital,  asked: “What are some promising ideas for Ethereum/Doge cooperation? What was it about Doge that got you interested in the project?”

Suggestions for Doge
Source: Twitter

In response to the question Buterin has some “Suggestions for Doge’s corporation” which are:

I hope that doge can switch to PoS soon, perhaps using Ethereum code. I also hope they don’t cancel the 5b/year annual PoW issuance, instead they put it in some kind of DAO that funds global public goods. Would fit well with dogecoin’s non-greedy wholesome ethos.

Vitalik was asked numerious questions and one was particularly odd which was that “are you considering launching a new crypto coin”. In response, he simply said “ NO”. Let’s see what will be impact if the Suggestions for Doge cooperation with Etherum works.

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About mnmansha

MN Mansha is a cryptocurrency expert, trader, and content writer with extensive experience in covering everything related to digital assets — from price analysis to Blockchain disruption. Mansha authored 100+ stories for NewsBSC.com and other fintech media outlets and he's actively writing more every day. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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