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Tesla CEO Elon Musk said he “veryly” agreed with Ethereum co-founder Vitalik Buterin about the cooperation between Dogecoin and Ethereum. Buterin said: “If we can have a secure Doge-to-Ethereum bridge. It will be amazing.”
Last week, Ethereum co-founder Vitalik Buterin talked about the potential cooperation between Ethereum and Dogecoin in an interview with artificial intelligence researcher Lex Fridman.
Speaking of repeated tweets about Dogecoin by the CEOs of Tesla and Spacex, Friedman said: “There is a force behind people like Elon Musk to promote the development of cryptocurrency.” Then he asked Buterin, “Is there a way to use this power and momentum to improve Ethereum?” Buterin said:
If DOGE wanted to connect to Ethereum in some way, then people could trade DOGE thousands of times per second in a loop, that would be amazing.
“I definitely don’t think Ethereum is against Dogecoin,” the co-founder emphasized. “I kind of hope that fans feel that Ethereum is at least in a way a spiritual Dogecoin.”
He elaborated: “I think we can have a secure Doge-to-Ethereum bridge. It will be amazing, and then when Ethereum gains any scalability that applies to Ethereum assets, you will be able to pay very low The DOGE packaged with high transaction fees and very high speed transactions.”
Commenting on Musk’s support for Dogecoin, Buterin said: “If you attribute too much complex malice or any deep intentions to the whole process, you will make a mistake. He is just a person, and he likes dogs. Like I like dogs.”
Musk then commented on the interview on Twitter:
I very much agree with Vitalik’s point of view.
Ethereum is currently upgrading from a Proof of Work (PoW) consensus model to a Proof of Stake (PoS) model. Buterin recently explained why the upgrade takes longer than expected.
“One of the biggest problems I found in our project was not technical problems, but people-related problems… Ethereum is now in a better economic position, but it took us five years to reach our current level. In the past five years, we have had a lot of internal team conflicts. If you are forming a team, it is important to know who you are working with,” the Ethereum co-founder described.
Last month, Musk made some suggestions for improvements to Dogecoin, claiming to have met with Dogecoin developers. Musk wrote: “Ideally, Doge speeds up the block time by 10 times, increases the block size by 10 times, and reduces the fee by 100 times. Then it wins.”
Do you think Ethereum and Dogecoin should cooperate? Let us know in the comments section below.
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