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Dogecoin Foundation Unveils Major Roadmap Update

07.09.2024 18:00 1 min. read Alexander Stefanov
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Dogecoin Foundation Unveils Major Roadmap Update

The Dogecoin Foundation has announced a significant update to its development roadmap, with the highlight being Project Sakura, a protocol upgrade designed to increase the speed and size of blocks tenfold while ensuring optimal decentralization.

In a roadmap shared on Thursday, the Foundation laid out its three-step strategy aimed at increasing Dogecoin’s utility and reach. The first step involved making development more accessible and expanding the ecosystem of developers through tools like libdogecoin and multilingual links.

The Foundation confirmed that this stage is now fully complete, which includes the creation of “libdogecoin, multilingual links, a growing community of developers, and an expanding ecosystem of open source projects (FOSS) and enterprises adopting DOGE.”

The second stage focuses on reducing barriers to Dogecoin adoption both in businesses and among the 1.7 billion unbanked individuals globally. Currently, 90% of this phase is complete, with efforts including the implementation of the GigaWallet payment gateway and e-commerce plugins aimed at simplifying the use of DOGEIN in commercial transactions.

However, it is the third stage that has attracted the most attention, with only 10% completed. The ambitious “Sekura” project aims to increase Dogecoin’s transaction capacity to meet global standards for the currency’s scalability. Proposed improvements include a tenfold increase in both speed and block size. Additionally, the Dogecoin Foundation has hinted at an upcoming prototype for the Doge Proof-of-Stake accumulation protocol, further sparking excitement in the community.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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