Sunday, July 21, 2024

Dogecoin and Doge’s Collaboration With Ethereum: Vitalik Buterin’s Recommendations

for the collaboration between Ethereum and the original meme cryptocurrency, Dogecoin (DOGE). This came as a part of a twitter experiment, conducted by Buterin, where only those profiles that he follows (around 268 people) can throw questions at him.

The Twitter Q&A with Ethereum’s Co-Founder

Buterin’s response came from a question by Zhu Su, the CEO of Three Arrows. Su asked Buterin about some ideas for the Ethereum and Dogecoin cooperation and also why Ethereum got interested in Dogecoin. The CEO of Three Arrows believes in the bullish nature of Dogecoin, claiming that the cryptocurrency may never face any regulation issues.

In his answer Buterina year annual Proof-of-Work (PoW) issuance.

History of Ethereum-Dogecoin Cooperation

Buterin first suggested a cooperative partnership between the two crypto companies in June this year. He opined that it would be amazing if Dogecoin switched over to the Ethereum platform. In doing so, the meme cryptocurrency would enjoy super high speed transactions within Ethereum’s Loopring. Buterin added, by bridging Dogecoin to Ethereum users will be able to trade DOGE with a minimal transaction fee.

The news of collaboration was verified when Buterin joined Dogecoin Foundation’s board of advisors. Other members of the board include Tesla CEO Elon Musk’s close associate, Jared Birchall.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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