Vitalik Buterin expects Doge to switch to PoS soon using Ethereum code
Vitalik Buterin expects Doge to switch to PoS soon using Ethereum code By Editor DailyBitcoin

In a recent AMA session on Twitter, the Ethereum creator said he hopes Dogecoin will soon run on Proof of Stake, PoS, perhaps using Ethereum

code. He also talked about love and even dieting.

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Today, September 2, Ethereum ‘s co-founder and most well-known figure, Vitalik Buterin, launched a small AMA session for the only 268 people he follows. Among those who posed questions to the Ethereum co-founder were Tesla CEO Elon Musk, Ava Labs

founder and CEO Emin Gün Sirer, and others.

“Doing a random Twitter experiment this very day. Only the 268 people I follow can reply to this tweet. Feel free to ask questions and I will talk about anything crypto related or not”.

One of the questions Vitalik received was about Dogecoin: whether he has any suggestions for a cooperation between Doge and Ethereum

. To which he replied:

“I hope Doge can switch to PoS soon.”

Vitalik hopes PoS for Doge

Billionaire and CEO of The Three Arrows Capital, Zhu Su, asked Vitalik if he could share any promising ideas for a collaboration between Ethereum and Doge blockchain

platforms in the future.

The Ethereum co-founder responded, sharing his hope that Doge would soon switch to <a href=”https://www.diariobitcoin.com/glossary/cons

enso/” target=”_blank” rel=”noopener”>proof-of-stake (PoS)consensus, but that it would also maintain its annual issuance of five billion coins through proof-of-work (PoW). Ethereum would also maintain its annual issuance of five billion coins through proof-of-work(PoW). Vitalik suggested that Doge’s team could put these massive amounts of DOGE into a type of DAO that funds global public goods.

“Personally, I hope Doge can switch to PoS soon, perhaps using Ethereum code. I also hope they don’t cancel the annual PoW issuance of 5b / year, but put it into a kind of DAO that funds global public goods. It would fit well with the wholesome, non-greedy spirit of Dogecoin.”

Other questions

Elon Musk, ever the joker, asked him what is love? Vitalik’s response was to answer with the chorus of Haddaway’s song “Baby don’t hurt me” but instead of “Baby” he put the strange name of Musk’s son saying baby don’t hurt me”.

Musk’s response was a funny face of his little boy surprised (as if he had been caught red-handed).

For his part, the head of Ava Labs asked him, “What’s the hardest lesson you learned through the Ethereum experience?” This was his answer:

“People are harder to coordinate closely in small groups than I expected. You can’t just get everyone to sit in a circle, see each other’s inherent goodness, and get along, especially when large conflicts of incentives”.

He was also asked what the metaverse was, to which he replied: “As far as I can tell, people use it to refer to the Internet + super immersive virtual reality, or the Internet + shared state (i.e. objects that can move between platforms). In the latter case, Ethereum is, of course, incredibly positioned to be a central part.”

He was even asked which habits he considered most beneficial against aging and he said the main one was to completely stop consuming sugar.

Dogecoin and what’s new

Much has been said recently about the upcoming Dogecoinupdate , calling for more nodes to join. Likewise, also on Doge it was recently reported that the Dogecoin Foundationwas re-established. Among the new developments, the Dogecoin Foundation now has new board members and a group of well-known advisors. Prominent among them is Ethereum creator Vitalik Buterin, who serves as a crypto advisor and. Blockchain. Additionally, while the group does not include billionaire Tesla CEO and DOGE fanatic Elon Musk, the organization additionally has a representative on its behalf – Jared Birchall, a legal and financial advisor.

Sources: Twitter, UToday and archive

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Image by Nicole León/ DiarioBitcoin. All rights reserved.