Dogecoin Core Developer May Quit Over Consensus’ Change

• 1 Marshall Hayner, the CEO of Metallicus asked for public opinion about Dogecoin’s consensus change. 
• 2 A core developer of Dogecoin, Michaboar, pointed out the risks associated with the crypto.
• 3 Most people voted against the switch, so it’s hard to say whether the switch will happen or not. 

Dogecoin got immensely popular due to its avatar and humor. However, it’s not just the countenance that made the token promising. Its mechanism has also been a major reason behind its success. But it seems that the platform is now changing the fundamentals on which it initially thrived. 

The Shift From PoW to PoS

The poll results heavily supported the original PoW with 60.1% votes going in favor of it. At the same time, the core developer who identified as Mishaboar shared some insights into the whole situation.

• Consensus mechanisms don’t yield the results users expect.
• They often come with high levels of centralization and are controlled by developers with sizable holdings.
• They have a history of big failures. 
• They can even offer a subpar user experience that frustrates the users. 

A large number of transactions don’t require the speed that PoS delivers.

There are other means to achieve quicker payments. The protocol can deploy payment channels and payment providers. 

Furthermore, all these solutions come with a centralized disposition. 

Future of Dogecoin

Dogecoin is supported by a strong community. With a market cap of $88 Billion, this meme token is a true pioneer in its space. Currently, no one is sure about the consensus switch. Hypothetically, if it happens in the future, the sentiment will decide what happens to Dogecoin. Most probably, one can see the token making progressive strides.