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1. CHANGE DOGECOIN CORE BLOCK LOCATIONS UPDATE
2. CHANGE DOGECOIN CORE BLOCK LOCATIONS UPGRADE
3. CHANGE DOGECOIN CORE BLOCK LOCATIONS FULL

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CHANGE DOGECOIN CORE BLOCK LOCATIONS UPGRADE

The proposal to bring a massive upgrade to the Doge fee policy has been supported by Elon Musk in the latest tweet.

CHANGE DOGECOIN CORE BLOCK LOCATIONS FULL

This proposal to all dogecoin stakeholders suggests to reduce average fees 100x for standard transactions on the dogecoin chain, split full control over all aspects of fees between miners and node operators, rely less on core development, and bring back a functional (small) free transaction space that incentivizes keeping the network healthy. “Reduce average transaction of Dogecoin by 100 times” The implication is that investors are discouraged from transferring their assets from exchanges due to the higher perceived value loss.Īccording to him, the block inclusion price rate should be reduced drastically to 0.01 Doge. He hinted that the current proposed price of 1 Doge does not encourage on-chain process activity. In response, Liberate Inc CEO Patrick Lodder published a proposal on Github to point out factors that can accelerate the coin to overtake the largest assets in the industry.Īccording to Lodder, trading with Doge is five times more valuable than trading with Litecoin.

CHANGE DOGECOIN CORE BLOCK LOCATIONS UPDATE

The logic is basically that this ensures the rescan process sees the blocks containing any missing transactions, rather than the regular block update logic. And newly-downloaded blocks should update the wallet anyway. Recently, the billionaire predicted that the meme-based coin could surpass Bitcoin if certain rules were met. The client wont download blocks while its rescanning. He has adopted Dogecoin as his pet project and has made several attempts to make it more efficient and viable.

However, Tesla’s Elon Musk has taken a lot of interest in the project. It was created without any expectation or plan which is highlighted by the fact that it took just three hours to develop.