Musk, apparently searching Dogecoin chatter on Twitter noticed one person say the improve “helps secure the network and lower the transaction fees” triggering a response from Musk, saying he sees this as “important”.
The thread continued to stipulate how the dogecoin improve will enhance the community, saying there’s at the moment solely 205 computer systems “running the newest update” and “more nodes need to upgrade.”
In one other latest reply to a different tweet about Dogecoin getting an improve, Musk shared his view on what that improve would do “There is merit to doge maximizing base layer transaction rate and minimizing transaction cost with exchanges acting as the de facto secondary layer”.
The tweet he was replying to acknowledged that this “will position doge perfectly to become one of the most used currencies in the world.”
The finish end result, in keeping with Musk “Doge speeds up block time 10X, increases block size 10X & drops fee 100X. Then it wins hands down.”
Considering Musk as soon as polled the query ‘Do you need Tesla to simply accept Doge?’ – it is not out of the realm of potentialities that when a Dogecoin improve was full, that is how he would present his approval.
Remember, it was Tesla accepting Bitcoin that set off Bitcoin’s greatest bull run of this yr – what impact would this have on the world’s greatest memecoin?
There’s a rising group of individuals set on turning a coin that began as a joke right into a professional cryptocurrency – at what level does it cross over, and ‘memecoin’ is now not an correct label?
