Charles Hoskinson, the co-founder of the cryptocurrency Ethereum, just lately launched an eight-minute video about the way to enhance Dogecoin.
It’s stuffed with technical jargon. However Hoskinson basically explains that Dogecoin wants to enhance its transaction pace and make it extra like Bitcoin.
- He stated if Dogecoin might be given a “Bitcoin-like system” then it might produce about 10,000 transactions per second, which might solely improve the quantity of Dogecoin on the market.
You may watch the eight-minute video under or on Twitter. The video is filled with cryptocurrency technical phrases and just a little within the weeds. Under the video, we’ll discuss why this issues.
Hoskinson launched the video particularly for Elon Musk, it appears. He stated he hoped the video would assist the Dogecoin group and Elon Musk.
- “I want him the very best of luck in rebuilding that cryptocurrency together with his super-elite engineers, which I’ve little doubt he has as he’s one of many world’s richest males,” he stated, in line with Benzinga.
- He added, “Thanks really for coming into our area and thanks really for telling everyone that you simply’re going to take custody of that cryptocurrency and ensure it will get the place it must go, and I stay up for the nice improvements you guys come out inside a yr or two.”
Musk has been hinting at working with Dogecoin in current days, as I wrote for the Deseret News. Musk released a poll that requested if Tesla should accept Dogecoin as a type of fee simply as he introduced Tesla would not settle for Bitcoin for funds. He later stated he was working with Dogecoin to enhance the cryptocurrency.
- “Working with Doge devs to enhance system transaction effectivity. Doubtlessly promising,” he tweeted.
