Dogecoin Developer Emphasizes Decentralization for Layer-1 Blockchain
Dogecoin (DOGE) lead developer Mishaboar emphasizes the importance of decentralized, permissionless, and open-source Layer-1 blockchains.
Dogecoin's Decentralized Nature
Dogecoin's lack of a centralized control system distinguishes it from other cryptocurrencies. Mishaboar highlights that this decentralized approach is not meant as a personal attack but rather a fundamental principle.
Dogecoin's Rise from Meme to Top Currency
Dogecoin's unique origin story as a joke has contributed to its popularity. Despite being initially dismissed as a joke, Dogecoin has emerged as a top digital currency through community efforts.
Dogecoin's Resilience and Community
Mishaboar acknowledges Dogecoin's resilience, attributing it to its perceived friendliness, which serves as a gateway to cryptocurrency. He emphasizes the absence of a privileged group controlling the network's development.
Dogecoin's Decentralization Surpasses Other L1 Protocols
Mishaboar contrasts Dogecoin's decentralization with the centralization observed in other major L1 crypto-assets. He sees this as a potential weakness, negatively impacting both technical implementation and the long-term viability of cryptocurrency.
Caution for Dogecoin Builders
Mishaboar reminds Dogecoin developers and builders to adhere to the principles of decentralization. He urges them to view their work as external solutions rather than part of a privileged group. Failing to do so risks compromising Dogecoin's strength derived from its open and community-driven nature.