I like to think of this as Dogecoin reclaiming its position amongst other cryptocurrencies, as well as reflecting the enthusiasm of the community. Dogecoin’s price has outperformed many other Cryptos recently, why do you think that is? We’ll see how that goes 😀 We’re obviously enthusiastic about any new adoption and would love to talk to UPS and Amazon about how this might work, but so far no-one at either company has reached out to us. Could you provide any details on these?Ĭoinbase recently announced a process for listing new tokens, and we’re working on a submission that ideally doesn’t involve writing “ wow” in every field that doesn’t fit Dogecoin well. There is speculation surrounding Dogecoin’s listing on Coinbase, possible usage by UPS and the Doge-Amazon petition. We’re currently waiting on a delivery timetable from Oscar and his team, and will, of course, announce more as soon as we know. This is a huge step forward, and we’re excited to see the completed bridge. The current team led by Oscar Guindzberg worked with Truebit for the first stage and recently demonstrated freezing then unfreezing Dogecoins on the native blockchain, corresponding to issuance and destruction of Dogetokens on the Ethereum blockchain. We’ve talked to a number of teams since then, and several have tried but hit insurmountable technical issues. Could you tell us about the Doge/Ethereum bridge that is being developed?īack in 2015, a bounty was put together to pay for delivery of a two-way bridge for Dogecoins onto the Ethereum blockchain, and back again. We maintain a tenet that anyone should be able to work on Dogecoin without needing permission from any special group. We also put a lot of effort into being a fully decentralized cryptocurrency, with multiple independent teams working on different aspects, so, for example, the developers are independent of the Reddit moderators and the founders. I’m aware some of the decisions we’ve made since have been unpopular, but we do very carefully analyze decisions we make around changes to the coin. I got involved as the first hard fork was being executed, to resolve issues with the initial parameters of Dogecoin. Well, we are managing $650mil of other people’s money, we take that fairly seriously. Dogecoin is famous for its Shiba Inu mascot/memes, how important is this fun element to the project?Ĭertainly, it’s what attracted me to the project, so I’d say it’s fairly important! I found early Bitcoin was both very serious and very political, and I love that Dogecoin is much more willing to see the silly side of things.ĭogecoin was started as a ‘joke,’ but what is the serious side of the project? Since then it’s become one of the longest-running cryptocurrencies, built around a friendly and fun community. The interview went as follows: Can you tell us what Dogecoin is all about in a couple of sentences?ĭogecoin is one of the earlier altcoins, launched as a joke in late 2013 by Billy Markus and Jackson Palmer. We reached out to Ross to discuss this fun and friendly digital currency. The price of Dogecoin has also outperformed many other cryptocurrencies this year, currently up over 120% since the end of August. Dogecoin currently stands as the 20th largest cryptocurrency with a market cap in excess of $640 million. Though its unlikely to become a top 5 cryptocurrency in 2019, Dogecoin has a strong community following and is world famous for its Shiba Inu mascot and memes. 10 Where do you see the Dogecoin project being in 5 years?
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