Musk with surprising Dogecoin update

Musk with surprising Dogecoin update
фото показано с : invezz.com

2021-10-14 17:19

Tesla CEO Elon Musk, who managed to alienate a solid part of the crypto community with recent tweets, has renewed his support of Dogecoin (DOGE/USD), the notorious meme-based cryptocurrency. Its price skyrocketed this year, up almost 10,000% y/y, and made the list of the top ten cryptos by market cap.

Bitcoin’s (BTC/USD) ascent pales by comparison, adding ‘just’ 400% y/y, with much of its growth achieved after Musk revealed Tesla had bought Bitcoin worth $1.5 billion at the beginning of the year.

Musk thinks DOGE miners need to keep their software updated

Musk agreed DOGE miners needed to keep their software updated in response to meme coin co-creator Billy Markus. Miners are responsible for securing the ecosystem and get freshly-minted coins in return. Markus tweeted:

What’s needed is for mining pools to update. Run a node if you want, or not. If you want to contribute to helping the network, you will need to be dedicated to running a full, reliable node, using significant bandwidth, and keeping it up to date. But for 1.14.4’s success, existing node operators need to update.

Musk replied with a thumbs-up emoji.

Musk pursues plan to ‘beat Bitcoin hands down’

The latest Dogecoin version, which was released in August, is designed to prepare the network for the lower fees recommended. Previously, Musk called on the people running network nodes to get software updates in order to make lower Dogecoin transaction fees a possibility. This seems to be part of his plan to “beat Bitcoin hands down.”

In May, Musk shared he was working with Dogecoin developers to make system transaction more efficient, saying that it was “super important for Doge fees to drop to make things like buying movie [tickets] viable.”

Dogecoin has lost around 70% of value since May peak

So far, the price of the tongue-in-cheek meme coin has been stagnant despite the billionaire’s latest intervention. Since his appearance on Saturday Night Live in May, the coin has since lost around 70% of its value. After he shared a picture of his Shiba Inu dog, the price of Shiba Inu (SHIB/USD) rose by almost 500%.

The post Musk with surprising Dogecoin update appeared first on Invezz.

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Dogecoin (DOGE) на Currencies.ru

$ 0.408 (+1.42%)
Объем 24H $9.366b
Изменеия 24h: -1.99 %, 7d: 5.91 %
Cегодня L: $0.3969 - H: $0.4254
Капитализация $59.989b Rank 7
Цена в час новости $ 0.2353 (73.4%)

musk dogecoin year almost meme-based cryptocurrency price

Источник: invezz.com

musk dogecoin → Результатов: 126


Фото:

Elon Musk Sees Dogecoin as ‘Stimulus for People Kicked by Pandemic’ but Says ‘Please Invest With Caution’

Spacex and Tesla CEO Elon Musk sees dogecoin as his “private stimulus for the people” that represents “legit hope for people” hit by the coronavirus pandemic. While the price of dogecoin has been pumping alongside a number of other cryptocurrencies, Musk cautioned, “Cryptocurrency is promising, but please invest with caution.” Elon Musk Sees Dogecoin as […]

2021-5-9 20:00


Фото:

Elon Musk ‘Resigns’ as Dogecoin CEO After Price Soars 30%

Dogecoin has become the unexpected new champion of the sudden cryptocurrency bull market which gripped the industry this week – thanks to Elon Musk. Musk Pets ‘Pretty Cool’ DOGE In a series of surprising yet distinctly familiar tweets, Musk, who has hinted at his alleged fondness of Dogecoin, said the meme-based cryptocurrency was his “favorite” and described it as “pretty cool.

2019-4-4 23:00


Фото:

Создатель Dogecoin помог Илону Маску бороться с криптоскаммерами в Twitter

Генеральный директор Tesla Motors, изобретатель и инвестор Илон Маск (Elon Musk), устав от “раздражающих” криптовалютных скаммеров, предлагающих пользователям Twitter от имени знаменитости участвовать в розыгрышах токенов, обратился к создателю криптовалюты Dogecoin Джексону Палмеру (Jackson Palmer) с просьбой изобрести способ борьбы с криптовалютными мошенниками в сервисе микроблогов.

2018-9-18 23:56


Elon Musk And Dogecoin’s Jackson Palmer To Fight Twitter Spam Bots Together

Dogecoin’s creator, Jackson Palmer, and Tesla’s CEO, Elon Musk, decided to team up to fight against spam bots on the famous social network Twitter. @ummjackson if you can help get rid of the annoying scam spammers, that would be much appreciated — Elon Musk (@elonmusk) September 17, 2018 Immediately after, Jackson Palmer answered positively. Update: […]

2018-9-17 23:00


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