That said, Sokolin suspects Dogecoin’s “largest relative impact on the Bitcoin laggards like Litecoin and Bitcoin Cash,” which may be prompted to follow Dogecoin’s example and step up their own development. To that end, Ethereum is where software development is really happening,” he told. ![]() “The future I see is in programmable blockchains rather than those dedicated to value transfer. Interest will go away a little while after price dips again,” said Bitcoin author/educator/developer Jimmy Song.įor Ethereum-focused ConsenSys’ Lex Sokolin, Dogecoin is “technically sound” but won’t really be the site of significant technical breakthroughs or innovation in crypto. “If there's any development, it won't last, is my prediction. External skepticismįor figures parked within the communities of Bitcoin, Ethereum and other major coins, the longer term prospects for Dogecoin development seem unpromising. ![]() “At this point, we are not convinced that any changes should be made to Dogecoin’s economic parameters that have been active since its inception,” he said. This is pretty much all the developers have planned for the near-to-medium term, although Nicoll added that any “high quality contributions which do not undermine the security and integrity of the coin are welcome” from any developer (regardless of affiliation).Īsked whether Dogecoin’s developers might reconsider a change to such a key feature as the cryptocurrency’s inflationary supply structure, Nicoll gave a fairly clear ‘no.’
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