- The Dogecoin community appears to be considering proof-of-stake (PoS).
- An X poll showed that 39.9% of respondents would be willing to stake Dogecoin, while 60.1% would not.
- A top figure in the Doge community expressed concerns about the risks of PoS.
The community of the most popular meme coin, Dogecoin (DOGE), is considering undertaking a proof-of-stake (PoS) endeavor. Marshall Hayner, a board member of the Dogecoin Foundation, took to X to gauge public sentiment regarding the concept of staking Dogecoin.
In a Twitter poll, Hayner posed the question, “If Dogecoin was stakeable, would you stake it? DOGE.”
If Dogecoin was stakeable, would you stake it? $DOGE— Marshall Hayner (@MarshallHayner) August 20, 2023
The community responded with mixed opinions. According to the poll results, 39.9% of respondents expressed their willingness to stake Dogecoin. In contrast, the overwhelming majority, 60.1%, indicated their reluctance to do so.
Responding to this poll, Mishaboar, a prominent figure in the Dogecoin community on X, shared his thoughts on the matter. Mishaboar expressed concerns over false staking mechanisms, particularly those centered around len…
The post Is Dogecoin About Migrating to PoS? Poll Shows 39% Ready to Stake DOGE appeared first on Coin Edition.
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