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A novel proposal has shaken the cryptocurrency world. Cardano (ADA) creator Charles Hoskinson suggested a significant upgrade for Dogecoin, envisioning a far more advanced iteration.
The ambitious goal? Transforming DOGE into the primary currency of X (formerly Twitter). Hoskinson publicly floated this idea on social media, tagging Elon Musk, but has yet to receive a response.
This wasn't a spur-of-the-moment suggestion. Hoskinson referenced an old Bitcoin 2 roadmap he developed years ago, suggesting it could provide a solid foundation. He also mentioned Ergo, proposing a Dogecoin fork leveraging Ergo's technology as another possibility.
Hey @elonmusk, you want to fix up doge and make it the standard currency of X? I have the old Bitcoin 2 roadmap I wrote up years ago.— Charles Hoskinson (@IOHK_Charles) March 4, 2025
Proposed upgrades include a new proof-of-work system to accommodate Grok AI's intensive computing demands, state channels for significantly cheaper tipping on X, and full smart contract support. Quantum resistance is also on the table, with the final decision left to the Dogecoin community.
Despite these ambitious proposals, Hoskinson clarified he doesn't own any Dogecoin. He framed the project as a fun, albeit serious, "sidequest." The casual tone belies the technically sophisticated nature of the proposed upgrades.
Musk's reaction? Silence so far. Speculation about Dogecoin's integration into X has circulated for some time, particularly given Musk's past pronouncements. X has been expanding into financial services, obtaining licenses to operate as a money transmitter in the U.S., but DOGE remains unincorporated.
What's next? Uncertain. Will Musk consider the proposal? Will the Dogecoin team show interest? Or will this remain another intriguing idea that never materializes? The answers remain elusive, but the conversation has certainly begun. Read the original article on U.Today