Dogecoin started developing a new project. The Doge Foundation has announced that it will be working with Ethereum founder Vitalik Buterin on the new project.
Dogecoin and Vitalik Buterin announced the creation of a unique Dogecoin offer with “Community Staking” PoS for those who want to participate.
Dogecoin Trace Map
The Dogecoin Foundation has published the trail map detailing its plans on its website. Emphasizing that the project is community-oriented, he made the following statements;
“Dogecoin is a community-driven, consensus-based open source project, and its direction is shaped by many individual and collective contributors to various projects of the Dogecoin blockchain and ecosystem. ”
The Dogecoin community also aims to keep the project on a decentralized path.
Gigawalet Project and Community Staking
The GigaWallet project presented in the roadmap will be used to provide an API solution that will allow Dogecoin transactions to be added to the platform and to implement the Dogecoin network as a payment provider.
GigaWallet will provide two API levels. The first will be used to process and verify traditional Dogecoin transactions, and the second layer will be used for the integration of the Dogecoin Keychain Application and SDK (Software Development Kit). Users will retain ownership of the keys without losing the ability to transact with Dogecoin.
Dogecoin has plans for a “Community staking” project with Ethereum co-founder Vitalik Buterin.
After the full implementation of GigaWallet, the foundation will focus on the development of Community staking.
With the support of the community, the network will continue to grow, making Dogecoin a more reliable long-term network.