Price: $0.40009 1.6412%
Market Cap: 58.77B 1.8061%
Volume (24h): 10.77B 0.4%
Dominance: 1.8061%
Price: $0.40009 1.6412%
Market Cap: 58.77B 1.8061%
Volume (24h): 10.77B 0.4%
Dominance: 1.8061% 1.8061%
  • Price: $0.40009 1.6412%
  • Market Cap: 58.77B 1.8061%
  • Volume (24h): 10.77B 0.4%
  • Dominance: 1.8061% 1.8061%
  • Price: $0.40009 1.6412%
Home > Information news > Dogecoin Reveals Project Sakura For Sustainable Development

Dogecoin Reveals Project Sakura For Sustainable Development

Release: 2024/09/09 07:15 Reading: 964

Original author:TheCoinrise Media

Original source:https://coinmarketcap.com/community/articles/66de1adf3507ba1479c6794e

Dogecoin Reveals Project Sakura For Sustainable Development

Dogecoin Foundation Unveils Project Sakura, Revolutionizing Development

The Dogecoin (DOGE) Foundation has reached a significant milestone in its development journey with the announcement of "Project Sakura," an upgrade that promises to dramatically enhance its capabilities.

Project Sakura: Three-Phase Plan

The Foundation has outlined a comprehensive strategy for the project, to be implemented in three distinct phases:

Phase 1: Developer Ecosystem Expansion (Completed)

Phase 1 focused on providing open development tools such as lib dogecoin and multi-language bindings to foster a vibrant developer community.

Phase 2: Adoption and Accessibility (90% Complete)

Phase 2 aims to lower the barriers to Dogecoin (DOGE) adoption, particularly among the unbanked population. This involves the development of products like the GigaWallet Payment Gateway and e-commerce plugins to facilitate commercial use of DOGE.

Phase 3: Scalability Enhancements (10% Complete)

Phase 3 will prioritize scalability solutions for Dogecoin, aiming to increase its transaction capacity while maintaining decentralization. This will be achieved through significant increases in block speed and size.

Industry Interest and Community Engagement

Project Sakura has garnered significant attention from industry insiders, including Doge Whisperer and Sir Doge of the Coin, who have expressed keen interest in the details of the "Proof of Doge" protocol upgrade.

The Dogecoin Foundation emphasizes that Project Sakura is a community-driven initiative that embodies the spirit of Dogecoin. The upgrades will strive for sustainable development without centralized control.

Legacy of Kabosu and Independent Developers

Despite the recent passing of Kabosu, the dog that inspired Dogecoin, independent developers continue to nurture its legacy through ambitious development plans like Project Sakura.

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