{"id":15613,"date":"2021-12-24T16:10:39","date_gmt":"2021-12-24T15:10:39","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=15613"},"modified":"2021-12-24T16:10:51","modified_gmt":"2021-12-24T15:10:51","slug":"dogecoin-foundation-is-planning-a-doge-proof-of-stake-mechanism-with-ethereum-co-founder-dogecoin-foundation-is-planning-a-doge-proof-of-stake-mechanism-with-ethereum-co-founder","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/dogecoin-foundation-is-planning-a-doge-proof-of-stake-mechanism-with-ethereum-co-founder-dogecoin-foundation-is-planning-a-doge-proof-of-stake-mechanism-with-ethereum-co-founder\/","title":{"rendered":"Dogecoin Foundation is planning a DOGE proof-of-stake mechanism with Ethereum co-founder"},"content":{"rendered":"\n
The Dogecoin Foundation is working on a staking mechanism <\/a>with the help of Vitalik Buterin, the co-founder of Ethereum. The proof-of-stake will allow everyone to participate and get rewarded for their contribution to the network.<\/h5>\n\n\n\n
\"Dogecoin<\/figure><\/div>\n\n\n\n

On Thursday, the Foundation released its Dogecoin Trailmap, which is a “dog walk” \r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>that the Dogecoin Foundation wants to look into and which the Foundation thinks would help Dogecoin succeed.<\/p>\n\n\n\n

This is part of the trail map. The Dogecoin Foundation is working with Buterin to make a “uniquely Doge proposal” for “community staking” proof of stake (PoS).<\/p>\n\n\n\n

In this case, Dogecoin users could all stake their DOGE tokens in order to earn more tokens for supporting it. The Dogecoin Foundation said this:<\/p>\n\n\n\n

\u201c[The PoS version] will allow everyone, not just the big players to participate in a way that rewards them for their contribution to running the network, and at the same time gives back to the whole community through charitable causes.\u201d<\/p><\/blockquote>\n\n\n\n

The Dogecoin Foundation<\/a> relaunched its project in August 2021, after six years of almost no media attention for the project. As part of the new team, the foundation named Buterin, Billy Markus, and Max Keller as members of its advisory board. The CEO of Neuralink, Jared Birchall, is said to have been chosen to represent Tesla CEO and DOGE fan Elon Musk.<\/p>\n\n\n\n

It isn't easy to go on such a big trip, and we're only just beginning. Some powerful people are already on our side and more people are ready to help with the development of these open-source projects, the foundation says.<\/p>\n\n\n\n

Dogecoin was started in 2014 by two software engineers, Billy Markus and Jackson Palmer. They came up with the idea for DOGE's payment system<\/a> with the idea of a “joke.” The Dogecoin Foundation stopped working soon after its founders left the project, which is when the foundation stopped working.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Dogecoin Foundation is working on a staking mechanism with the help of Vitalik Buterin, the co-founder of Ethereum. The proof-of-stake will allow everyone to participate and get rewarded for their contribution to the network. On Thursday, the Foundation released its Dogecoin Trailmap, which is a “dog walk” that the Dogecoin Foundation wants to look […]<\/p>\n","protected":false},"author":12,"featured_media":5014,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81],"tags":[5595,5592,5555,6183],"class_list":["post-15613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-news","tag-doge-2","tag-dogecoin-2","tag-ethereum-3","tag-proof-of-stake"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/07\/All-you-need-to-know-about-Dogecoin.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/15613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=15613"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/15613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/5014"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=15613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=15613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=15613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}