- Dogecoin’s lead developer, Mishaboar, is against DOGE transitioning to PoS.
- The crypto community on Twitter is divided into two halves, including supporters and opponents of the shift.
- Ethereum founder said he was excited for Dogecoin’s shift to PoS.
Whether Dogecoin will shift to Proof-of-Stake (PoS) or continue with Proof-of-Work (PoW) has been a debate since 2021. This includes Dogecoin Lead Developer Mishaboar, who tweeted his concerns about the PoS model on August 20.
If this refers to false “staking”, based on lending then no. The risk is too high unless you are an insider (and even then…).— Mishaboar (@mishaboar) August 20, 2023
If this refers to a remote possibility of Doge ever switching to PoS, after what I have seen over the past 2 years, i would probably then move to…
Recently, FBBT Holdings co-founder Marshall Hayner conducted a poll where more than 60% voted that they won’t stake DOGE if it ever becomes stackable. In response, Mishaboar said that if Dogecoin ever switches to PoS, the developer would quit the altcoin and join another PoW-based crypto. However, the possibility remains “remote.”
Mishaboar also noted that …
The post Crypto Twitter Against Dogecoin PoS Shift; 60% Votes Against appeared first on Coin Edition.
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