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

Dogecoin

Adrian Black/iStock Editorial via Getty Images

  • 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.

Recommended For You

Comments

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.