Sat, September 07, 2024 at 05:41
Hey Annie!
Did you hear about the latest update from the Dogecoin Foundation?
They've revealed a major update to their development trailmap!๐
Oh really?
What's the big news?๐
The highlight is Project Sakura, a protocol upgrade that aims to increase block speed by tenfold and augment block size similarly.
It's all about ensuring maximum decentralization!๐ธ
Wow, that sounds ambitious!
What else did they share?๐ค
They outlined their strategy in three major steps.
The first step was to make development more accessible and expand the developer ecosystem with tools like libdogecoin and multi-language bindings.
This phase is already complete!๐
That's great!
What about the second step?
Is it done too?๐ง
Almost!
The second step aims to lower the barrier for Dogecoin adoption in business and for the 1.7 billion unbanked individuals worldwide.
It's 90% complete and includes the GigaWallet Payment Gateway and Ecommerce plugins.๐ผ
Lowering barriers sounds crucial.
What exactly is the GigaWallet?๐ค
The GigaWallet is an enterprise-ready DOGE service.
It's an open-source initiative that provides a node/API solution, making it super easy for developers to add Dogecoin transactions to their platforms.
Think of it like a polished payment provider!๐ณ
That sounds really useful!
And what about the third step?
You mentioned Project Sakura?๐ธ
Yes!
The third step is where Project Sakura comes in.
It's only 10% complete but aims to dramatically scale up Dogecoin's throughput to meet global currency scalability norms.
This includes a tenfold increase in both block speed and size!๐
Wow, that's a huge leap!
How has the community reacted to all this?๐ฒ
The community is buzzing with excitement and curiosity.
Influential voices like Doge Whisperer and Sir Doge of the Coin have publicly requested more details about Project Sakura.
Everyone's eager to know more!๐
I can imagine!
But some people must be asking for more transparency, right?๐คจ
Absolutely.
Kriss Pax emphasized the need for more info on Step 3, especially since it's only 10% complete.
The DOGE Foundation assures that their trailmap is community-driven and consensus-based, reflecting the decentralized ethos of DOGE itself.๐
That's good to hear.
So, how does this all affect the current Dogecoin market?๐
At press time, DOGE is trading at $0.09725.
With these updates, especially Project Sakura, it's likely to generate more interest and potentially drive up the value.
It's definitely a positive development!๐น
Thanks, Joy!
This sounds like a great opportunity for Dogecoin.
I'll keep an eye on it!๐
You bet!
It's an exciting time for Dogecoin.
Let's see how it all unfolds!๐
To sum up, this article is considered a ๐Bullish for investors!!