Ethereum co-founder Vitalik Buterin has some suggestions of what
he personally would like to see happening with Dogecoin and the meme
cryptocurrency’s cooperation with Ethereum.
Vitalik Buterin on Dogecoin’s Development and Its Ethereum Collaboration
Ethereum co-founder Vitalik Buterin shared his thoughts on the
potential cooperation between Dogecoin and Ethereum Wednesday as part of
a Twitter experiment he is conducting where only the 268 people he
followed can ask him questions.
Three Arrows Capital CEO Zhu Su asked: “What are some promising ideas
for Ethereum / Doge cooperation? What was it about Doge that got you
interested in the project?” Su recently said that he is “very bullish” on dogecoin and that the meme cryptocurrency has “no risk of it having any regulatory issues ever.”
Referencing Proof-of-Stake (PoS) and Proof-of-Work (PoW), Buterin replied to Su:
Personally, 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.
In June, Buterin also talked about potential cooperation between
Ethereum and Dogecoin. “If Doge wants to somehow bridge to Ethereum, and
then people can trade DOGE thousands of times a second inside of
loopring, then that would be amazing,” the Ethereum co-founder opined.
“I think if we can have a secure Doge-to-Ethereum bridge. That would be
amazing, and then when Ethereum gets any scalability that works for
Ethereum assets, you would be able to trade wrapped DOGE with very low
transaction fees and very high speed as well,” he further said.
In August, the Dogecoin Foundation relaunched with Buterin as one of its board advisors, along with Jared Birchall, a close associate of Tesla CEO Elon Musk, another prominent dogecoin supporter.
Among numerous questions Buterin received as part of his Twitter
experiment was whether he was likely to create another cryptocurrency.
The Ethereum co-founder simply responded with “No.”
source link : https://news.bitcoin.com/vitalik-buterin-suggestions-dogecoin-doges-cooperation-with-ethereum/
