Dogecoin (DOGE) Decentralization Project to Welcome Major Update: Details

Dogecoin Foundation Unveils Major Update for Dogebox Decentralization Project

Cover image courtesy of U.Today

The Dogecoin community eagerly anticipates the release of a significant update to the Dogebox project, a key initiative in the cryptocurrency's decentralization efforts.

In a recent tweet, the Dogecoin Foundation, a non-profit organization supporting the development of Dogecoin, announced the upcoming release of Dogebox 0.3.0.

Key Updates:

• SPV Node support for lightweight transactions on resource-constrained devices
• Enhanced installation options for specifying install and data storage locations
• General bug fixes and improvements

What is Dogebox?

Dogebox is the decentralized, community-driven ecosystem platform for Dogecoin. This custom server software and Linux distribution caters specifically to the needs of the Dogecoin community.

Dogebox aims to:

• Foster the development and distribution of practical software (known as PUPs) for the Dogecoin ecosystem
• Drive adoption and provide a platform for self-hosting

Dogecoin Foundation's Decentralization Goal

Dogecoin Foundation developer Timothy Stebbing revealed plans to establish 10,000 additional Dogecoin nodes by the end of 2025. Dogebox plays a crucial role in achieving this goal, empowering individuals to host nodes in their homes and businesses.

Current Market Performance

At the time of writing, Dogecoin has experienced a slight decline of 0.53% in the past 24 hours, trading at $0.1388. However, on a weekly basis, the cryptocurrency has gained approximately 10%.