Elon Musk is happy about Dogecoin update

Dogecoin co-founder Billy Markus announces the availability of a new Dogecoin update, which is especially important for the node operation. Elon Musk expresses his consent via emoji.

The latest network upgrade for the Dogecoin (DOGE) allows miners to operate more efficient nodes in the network. According to Markus, it is important that these node operators, primarily mining pools, download and install the upgrade. Markus writes:

“If no one creates a new node and updates all existing mining pools to 1.14.4, that would be enough for a successful release. As for running your own node, this is great if you want to run your own node that you always want to keep up to date.

Although it is also interesting to acquire further node operators, it is more important in the short term that the mining pools are updated. In general, nodes should only be operated if the operator is willing to keep the software up-to-date, Markus warns.

The announcement and the announcement were commented by the self-proclaimed Dogefather Elon Musk without a word, but succinctly. It is no secret that Musk would like to see significant changes in Dogecoin in order to make the cryptocurrency more suitable for everyday use and more competitive.

The transaction fees in particular are too high for Musk. So it is only logical that he should support all efforts to increase efficiency. Musk is also represented in the new Dogecoin Foundation through a source. He had previously offered to finance the further development of Dogecoin on his own. However, the development team had refused.

According to Coinmarketcap, the Dogecoin is currently at $ 0.23. There is not much movement in the altcoin. Since the general crypto crash in May, the Dogecoin has been in a sideways movement of 21 cents. Technical progress could give the coin the new impetus it needs.