Dogecoin moves to Proof of Stake with the help of the founder of Ethereum.
Vitalik Buterin made the following statement: almost all the largest cryptocurrencies have their own effective plans that allow switching to POS mechanics (consensus Proof of Stake). They confirmed their own participation in this process of interaction with the Dogecoin currency.
The statement about the ongoing transfer of Dogecoin to Proof of Stake was made by Buterin in the latest edition of UpOnly. In the podcast, it was said that Vitalik is an adviser to the Dogecoin Foundation. Together with him, this role is performed by B. Marcus, the founder of DOGE and J. Birchall is a lawyer and financier whose services are now used by the CEO of Tesla I. Musk.
In December 2021, the company made a statement about working on the Community Staking structure, which in the future allows both the largest contributors and directly all cryptocurrency users who help develop Dogecoin to participate in the incentive ecosystem. It was also said on the air that users will be able to help the ecosystem through charitable activities.
It should be remembered that not so long ago, the founder of Ethereum made a statement about the readiness of the Ethereum version 2.0 currency by 50 percent. A comprehensive transfer to the mechanics of Proof of Stake is planned to be made before the middle of 2022.
