Sharing on Twitter, Tesla CEO Elon Musk agreed with Ethereum founder Vitalik Buterin’s view on selling cooperation with Dogecoin.
According to Bitcoin News, Tesla CEO Elon Musk mentioned he “quite agree” with Ethereum co-founder Vitalik Buterin concerning the partnership between Dogecoin and Ethereum. Buterin beforehand said in an announcement: “If we can build a secure doge-ethereum bridge, that would be great.”
Leaving Bitcoin, Elon Musk is extra desirous about Dogecoin and Ethereum?
Last week, Ethereum co-founder Vitalik Buterin talked concerning the potential for cooperation between ethereum and dogecoin in an interview with AI researcher Lex Fridman.
During the dialog, Mr. Fridman talked about that Tesla and Spacex CEO Elon Musk repeatedly posted his views on dogecoin: “There is power behind a figure like Elon Musk, promoting the development of cryptocurrencies. death”.
He then requested Buterin if “is there a way to leverage that power and momentum to improve ethereum’s influence?”.
In response to this query, Buterin mentioned, “If DOGE wants to somehow bridge it with Ethereum and then people can transact DOGE thousands of times a second inside the loop, that would be great.” .
“I certainly don’t think ethereum has anything to do with dogecoin,” the ehtereum co-founder emphasised. “I want supporters to feel that – even a little bit spiritually – ethereum itself is a coin like dogecoin.”
Buterin additional defined: “I thought about whether we could have a secure doge to ethereum bridge. That would be great and then, when ethereum gets any scalability that matches ethereum assets, you will be able to trade DOGE with very low transaction fees and very high speeds.”
Commenting on Musk’s actions of supporting and expressing his assist for the dogecoin cryptocurrency, Buterin mentioned: “You will make a mistake if you ascribe too much speculation about malice or any deeper intentions. any for the whole process. He (Elon Musk) is just a human and he likes dogecoin as much as I like dogs.”
When the content material of the interview was made public, Tesla CEO Elon Musk left a touch upon Twitter saying: “I quite agree with Vitalik”.
Ethereum is presently present process an improve from a proof-of-work (PoW) consensus mannequin to a proof-of-stake (PoS) mannequin. Buterin not too long ago defined why the improve took longer than anticipated.
“One of the biggest problems I’ve noticed with our project is that it’s related to people, not technical issues… Ethereum is in a better economic position right now, but we It took me 5 years to achieve where I am now. We had a lot of internal conflicts during these 5 years. If you are building a workgroup, it is important to know who you are working with,” the ethereum co-founder defined.
However, till now, along with bitcoin, ethereum continues to be a serious cryptocurrency and has lots of assist locally of people that love and put money into digital property. Some veteran buyers have even assessed that the way forward for ethereum can outgrow bitcoin.
In truth, Elon Musk urged a number of enhancements to dogecoin this previous May. He claims to have met with DOGE builders. Musk wrote on Twitter: “Ideally dogecoin accelerates block times by 10X, increases block size by 10X, and reduces fees by 100X. Then it will win.”
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