Dogecoin Should Make a Transition to Proof-of-Stake (PoS) Says Vitalik Buterin

The co-founder of Ethereum, Vitalik Buterin says that all crypto chains should switch to proof-of-stake. Buterin expressed that the popular meme coin – Dogecoin should switch to proof-of-stake during his virtual appearance at a cryptocurrency summit ‘Mainnet 2022’ hosted by cryptocurrency analytics firm Messari. 

The Dogecoin Foundation had declared that the transition to proof-of-stake would be on the meme coin’s roadmap. In December 2021, Dogecoin laid out a timeline, introducing a series of new additions to be made to the platform in 2022. One of these additions was the PoW to PoS transition with no official date announced yet.  Earlier this year, Buterin had claimed to have been helping Dogecoin to make a transition to proof-of-stake.