{"id":4372,"date":"2024-09-07T05:30:37","date_gmt":"2024-09-07T05:30:37","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=4372"},"modified":"2024-09-07T05:30:37","modified_gmt":"2024-09-07T05:30:37","slug":"dogecoin-foundation-announces-10x-block-speed-increase-in-new-trailmap","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=4372","title":{"rendered":"Dogecoin Foundation Announces 10x Block Speed Increase In New Trailmap"},"content":{"rendered":"

The Dogecoin Foundation has revealed a major update to their development trailmap. Highlighting this update is the announcement of \u201cProject Sakura,\u201d a protocol upgrade poised to increase block speed by tenfold, augment block size similarly, and ensure maximum decentralization\u2014a development that has sparked vibrant discussion within the community<\/a>.<\/p>\n

As outlined in their shared<\/a> trailmap on Thurday via X, the Foundation\u2019s strategy unfolds in three major steps, aimed at broadening the scope and utility of DOGE. The first step focused on making development more accessible and expanding the developer ecosystem through tools like libdogecoin and multi-language bindings.
\nAccording to the foundation, this phase has already reached full completion and included the \u201clibdogecoin, multi language bindings, growing dev community, growing ecosystem of FOSS projects & business accepting \u00d0.\u201d<\/p>\n

The second step aims to lower the barrier for Dogecoin adoption both in business and for the 1.7 billion unbanked individuals worldwide. This phase, currently 90% complete, includes the deployment of the GigaWallet Payment Gateway and Ecommerce plugins, which are set to streamline the use of DOGE in commercial transactions.<\/p>\n

\u201cLower barrier for Dogecoin adoption for business \/ commerce & the 1.7bn unbanked humans: GigaWallet Payment Gateway, Ecommerce plugins, Radio Doge, Dogebox OS (Dogecoin Platform \/ Runtime),\u201d the DOGE team detailed step 2.<\/p>\n

However, it is the third step, currently at the nascent 10% completion stage, that has particularly piqued the interest of the community. The ambitious \u201cProject Sakura\u201d seeks to dramatically scale up Dogecoin\u2019s throughput to meet global currency scalability norms. This includes enhancements that propose a tenfold increase in both block speed and size. Moreover, the DOGE Foundation teases a \u201c\u2019Proof of Doge\u2019 Protocol Upgrade prototype.\u201d<\/p>\n

Dogecoin Community Reactions<\/h2>\n

The DOGE community has reacted with excitement and curiosity. Influential voices within the community, such as Doge Whisperer and Sir Doge of the Coin, have publicly requested more details about the implications of Project Sakura. \u201cCan you share more details on this: Project Sakura: \u2018Proof of Doge\u2019 Protocol Upgrade prototype. 10x block speed, 10x block size, maximum decentralization. Much thx,\u201d tweeted Doge Whisperer. Similarly, Sir Doge of the Coin voiced his anticipation, tweeting, \u201cCool. Interested to see what Step 3 involves.\u201d<\/p>\n

Further community response came from Kriss Pax who emphasized the need for transparency: \u201cWe need more info on Step 3 please. 10% complete? What are you doing and where is this going? Transparency would be great, thanks.\u201d<\/p>\n

The DOGE Foundation asserts that their trailmap is more than a traditional roadmap<\/a>\u2014it is a community-driven, consensus-based exploration into the future of DOGE, designed to foster the cryptocurrency\u2019s success and not dictated by any single lead or company. The foundation describes the Dogecoin trailmap as a journey that reflects the decentralized ethos<\/a> of DOGE itself.<\/p>\n

With initiatives like libdogecoin and the GigaWallet, the foundation is setting the stage for anyone to build DOGE-compliant products without needing to delve into the complexities of cryptographic functions. This approach not only simplifies the process of adopting DOGE technologies but also ensures that future implementations remain true to the original protocol as documented in the Dogecoin Standard.<\/p>\n

The GigaWallet aims to be an \u201centerprise-ready\u201d DOGE service. It\u2019s \u201can open-source initiative aimed at filling that gap by providing a node \/ API solution that can be set up in seconds and allow a developer to add Dogecoin transactions to their platform, as easily as they might with any polished payment provider,\u201d according to the official website.<\/p>\n

At press time, DOGE traded at $0.09725.<\/p>","protected":false},"excerpt":{"rendered":"

The Dogecoin Foundation has revealed a major update to their development trailmap. Highlighting this update is the announcement of \u201cProject Sakura,\u201d a protocol upgrade poised to increase block speed by tenfold, augment block size similarly, and ensure maximum decentralization\u2014a development that has sparked vibrant discussion within the community. As outlined in their shared trailmap on […]<\/p>\n","protected":false},"author":0,"featured_media":4373,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/4372"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4372"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/4372\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/4373"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}