Dogecoin is preparing large-scale changes: community staking, wallet and freedom for developers

Briefly:

  • Dogecoin presented a roadmap for the first time in 8 years of operation
  • They are preparing a series of important changes
  • These include community staking, developer freedom, and a universal wallet

When the developers launched Dogecoin, they didn’t have a roadmap or any other documents. Now, 8 years later, the situation is changing dramatically. DOGE has come a long way from being a meme coin to being one of the largest cryptocurrencies in terms of market cap.

The Dogecoin Foundation has published a roadmap for the future on their official website, as well as shared other plans.

“Dogecoin Standard”

The roadmap presents some of the major projects that developers will implement in the next year. For example, they will launch GigaWallet, a wallet that will allow you to pay with DOGE coins on any platform in a few simple steps.

Community Staking

Dogecoin Foundation teams up with Ethereum founder Vitalik Buterin. They will develop a community staking system based on the Proof-of-Stake (PoS) consensus mechanism.

Community staking is a version of PoS that allows all community members (not just whales) to receive rewards for your participation and contribution to the Dogecoin ecosystem.

New interface

Official site Dogecoin will also undergo a metamorphosis. Here quick access will appear for different categories of visitors – developers, miners, hodlers, etc.

Lib Dogecoin

The Dogecoin Foundation will allow developers to work seamlessly with the project. To do this, they create the Lib Dogecoin protocol. It is essentially a complete implementation of the Dogecoin protocols, the C library, and other bindings. With its help, developers will be able to create solutions compatible with Dogecoin.

Other innovations

Other projects mentioned in the roadmap are Dogecoin Keyring (API / SDK) and RadioDoge.

Read also: Analysts from The Advisor Coach calculated that Dogecoin is twice as popular as Bitcoin.

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