Recently, Elon Musk (the founder of SpaceX and CEO of Tesla) explained and discussed the improvements he wishes to see in the codebase of “Dogecoin’s core”. The developers of Dogecoin have been trying to improve various elements and are working on the same. For example, fees, time of the transaction (a major factor in determining the growth of the currency), and process of mining. Many people have agreed with the recommendation by Musk of reducing the transaction fees for Dogecoin.
Recently, Elon Musk (the founder of SpaceX and CEO of Tesla) explained and discussed the enhancement he wishes to see in the codebase of “Dogecoin’s core”. The developers of Dogecoin have been trying to improve various elements and are working on the same. For example, fees, time of the transaction (a major factor in determining the growth of the currency), and process of mining. Many people have agreed with the recommendation by Musk of reducing the transaction fees for Dogecoin.
Musk’s suggestion to improve and the reaction by the developers
Elon Musk, some time ago tweeted and discussed the changes mentioning the fees of the currency in the “Dogecoin repository” which also caught the attention of many investors and traders. The developers of Dogecoin were also seen looking up to the suggestions that were put by Musk. There has been a lot of traffic since the time these suggestions were added by Musk. Some statistics reported 12 developers who are engaged in the core of Dogecoin to improve the core of Dogecoin.
The changes by the developers and Musk’s approach
The changes made by the developers do aim at reducing the fees of the transaction. However, along with this reduction, it will also bring freedom at the hand of operators and miners who practice the upper hand in the transaction. The developers are aiming at a development that will be divided into two stages. After the execution of the first stage of development, the release of the next stage will be processed which will ensure the lowering of fees of the transaction.
