Dogecoin Foundation teams up with ethereum's Vitalik Buterin for community staking

Dec. 27, 2021 10:24 AM ETDogecoin USD (DOGE-USD)By: Max Gottlich, SA News Editor


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  • The Dogecoin (DOGE-USD) Foundation is working with Vitalik Buterin, the founder of ethereum (ETH-USD) blockchain, on developing a proposal for a community staking version of Proof-of-Stake, according to a release.
  • This will enable "everyone, not just the big players to participate in a way that rewards them for their contribution to running the network," the release says.
  • Meanwhile, Dogecoin (DOGE-USD), the 12th largest digital token by market cap, gains more than 2% intra-day amid a broader crypto rally.
  • Recall in mid-December, Elon Musk said Tesla will accept dogecoin for some of its merchandise.

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