10/28/2022 0 Comments Dogecoin core 1.14.4The Dogecoin 1.14.4 node is one of two minor versions released, the other being 1.14.5, according to the official announcement made in late August. #Dogecoin core 1.14.4 update#A new update will be deployed once a bigger percentage of additional nodes are up and operating, which will help protect the network and reduce transaction fees.Įlon had supported a proposal in June to reduce the average fees for standard transactions on the Dogecoin chain, which entails splitting full control over all aspects of fees between miners and node operators, relying less on core development, and bringing back a functional (small) free transaction space that incentivizes on keeping the network up and running. #Dogecoin core 1.14.4 upgrade#However, more nodes are needed to upgrade to 1.14.4, according to the dogecoiner. What do you think about Elon Musk’s Dogecoin network scaling concerns and the recent Dogecoin Core development? Let us know what you think about this subject in the comments section below.In a weekend tweet, a crypto enthusiast known as the "Doge Whisperer" took the time to inform the doge community on recent events surrounding the most popular meme coin, revealing that 205 PCs were already running the most current update, Dogecoin Core 1.14.4. The Dogecoin community has supported Musk’s scaling idea for quite some time but almost once a week someone asks: “when will Dogecoin transaction fees drop?” Tesla’s CEO agreed with the Dogecoin co-founder and replied with a 100% emoji.įrom the looks of it, Dogecoin Core developers are preparing to address Musk’s scaling concerns. “Yeah… IMO dogecoin being fast, scalable, and inexpensive to send around is all it needs to be, it doesn’t need to be yet another blockchain that hosts NFTs or other tokens or whatever,” Markus said. In the Twitter thread with the Tesla CEO Elon Musk, the individual mentioned “NFT integrations” that looked “promising.” But many others agreed with Musk who was more interested in “lowering fees, decreasing block time & increasing block size.” Dogecoin’s co-creator Billy Markus agreed with Musk as well. “This realizes the first part of a two-stage update to lower the fee recommendation – a follow-up release will implement the lower fee recommendation, once the network has adapted to the relay defaults introduced with this version of Dogecoin Core.” #Dogecoin core 1.14.4 software#“At the same time, it increases freedom for miner, wallet, and node operators to agree on fees regardless of defaults coded into the Dogecoin Core software by solidifying fine-grained controls for operators to deviate from built-in defaults,” the Dogecoin Core 1.14.4 release notes written by Lodder explain. The action would reduce the “default fee requirement 1000x for transaction relay and 100x for mining.” Lodder’s description of the 1.14.4 software notes that the release prepares the network for a reduction of the recommended fees. Lodder dropped the release Dogecoin Core 1.14.4 on August 20, 2021. Looking at Dogecoin Core’s Github repo indicates that Ross Nicoll and Patrick Lodder are still very active. Last Dogecoin Release ‘Part of a Two-Stage Update to Lower the Fee Recommendation’ oup statistics show that 12 software developers contributed to Dogecoin Core in August. In February 2021, 16 software engineers were working on the project, in May there were three developers. oup metrics from the “Number of Developers Working on Specific Crypto Projects” tracker show that between August 2017 to January 2021, Dogecoin network development was a ghost town. Lodder’s Dogecoin Core fee change proposal explained that the fix would be “gradually deployed to the network over multiple software releases.”Įver since then, there’s been a lot more action happening in the Dogecoin Core Github repo. The following week, people noticed that Dogecoin software developers Ross Nicoll and Patrick Lodder were maintaining the project and looking to add Musk’s suggestions. At the time, Musk said it was “important to support” it. Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs Dogecoin Proponents Including Elon Musk Patiently Wait for a fee Change Fix, Dogecoin Core Repo Has Been ActiveĪt the end of June, Tesla’s CEO Elon Musk tweeted about the fee change proposal added to the Dogecoin Core Github repository.
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