According to Ostrich Blockchain News on the 5th, Ethereum co-founder Vitalik Buterin said in Lex Friedman’s podcast that he “likes DOGE” and that “meme tokens including Dogecoin can improve scalability. We have to work with Ethereum for that.”
Regarding Dogecoin’s main challenge to improve scalability, Vitalik Buterin said, “If you just add parameters without doing anything else, it makes it harder for people to see the chain. And blockchain can be centralized.”
Also, he added:
“If you want Doge to somehow connect with Ethereum so people can trade thousands of DOGEs per second within a loop, that could be a great way to go. Also, if you want to utilize zkRollup-style technology and have thousands of transactions per second on your own chain, that would be great too. Connecting securely would be awesome, but the technology that enables this interoperability is still in its infancy.”
Meanwhile, Tesla CEO Elon Musk said, “I very much agree with Vitalik’s point of view.”
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Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.