{"id":48868,"date":"2021-09-03T16:41:51","date_gmt":"2021-09-03T13:41:51","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=48868"},"modified":"2025-09-02T09:36:59","modified_gmt":"2025-09-02T06:36:59","slug":"elon-musk-praises-dogecoin-client-developers-for-progress","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/elon-musk-praises-dogecoin-client-developers-for-progress\/","title":{"rendered":"Elon Musk praises Dogecoin client developers for progress"},"content":{"rendered":"<p>Elon Musk noted the progress achieved by Dogecoin (DOGE) developers with the release of a new client version. The software is intended to lay the groundwork for upcoming reductions in network fees and to accelerate node synchronization.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Good progress. Applying information theory to currency (which is just information), lower fees reduce noise &#038; faster &#038; more consistent sync time improve latency &#038; jitter.<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1433481968692305963?ref_src=twsrc%5Etfw\">September 2, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cGood progress. Applying information theory to currency (which is simply information), lower fees reduce noise, and fast and consistent node synchronization reduces latency and jitter,\u201d wrote Musk.<\/p>\n<\/blockquote>\n<p>Earlier, the entrepreneur backed a community member who urged Dogecoin node operators to update the software as quickly as possible. The Tesla chief described the process as &#8216;important&#8217;.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Important<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1432152871756238850?ref_src=twsrc%5Etfw\">August 30, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Dogecoin is promoted by many media figures, including billionaire and owner of the NBA&#8217;s Dallas Mavericks, Mark Cuban. Since March 2021, the basketball team <a href=\"https:\/\/u1f987.com\/en\/news\/dallas-mavericks-mark-cubans-nba-club-first-to-begin-accepting-dogecoin\">accepts DOGE<\/a> as payment for tickets, services and merchandise.<\/p>\n<p>In mid-August, the Dallas Mavericks launched the DOGEMANIA promotion, under which club store customers receive $25 cashback for a one-off merchandise purchase paid in cryptocurrency totaling at least $150.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" decoding=\"\" width=\"1024\" height=\"506\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/dogemania-1024x506.png\" alt=\"\u0418\u043b\u043e\u043d \u041c\u0430\u0441\u043a \u043f\u043e\u0445\u0432\u0430\u043b\u0438\u043b \u0440\u0430\u0437\u0440\u0430\u0431\u043e\u0442\u0447\u0438\u043a\u043e\u0432 \u043a\u043b\u0438\u0435\u043d\u0442\u0430 Dogecoin \u0437\u0430 \u0434\u043e\u0441\u0442\u0438\u0433\u043d\u0443\u0442\u044b\u0439 \u043f\u0440\u043e\u0433\u0440\u0435\u0441\u0441\" class=\"wp-image-148178\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/dogemania-1024x506.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/dogemania-300x148.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/dogemania-768x379.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/dogemania-1536x759.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/dogemania.png 1788w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: <a href=\"https:\/\/www.mavs.com\/\">mavs.com<\/a>.<\/figcaption><\/figure>\n<p>Not all members share Musk and Cuban&#8217;s optimism about Dogecoin. In particular, Calvin Ayre, founder of CoinGeek, stated that promoting this cryptocurrency is a waste of time.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">Doge is just a copy of the original bitcoin protocol\u2026which is already working with all the stuff in the white paper like SPV\u2026advancing Doge now is a bit of a waste of everyone&#8217;s time. BSV has it all working already and patent protected bits around scaling.<\/p>\n<p>\u2014 Calvin Ayre (@CalvinAyre) <a href=\"https:\/\/twitter.com\/CalvinAyre\/status\/1433535598048935936?ref_src=twsrc%5Etfw\">September 2, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cDOGE is simply a copy of the original Bitcoin protocol\u2026 which is already working with all that is in its white paper, such as SPV\u2026 promoting DOGE now is a waste of time,\u201d wrote he.<\/p>\n<\/blockquote>\n<p>In the last seven days, the price of Dogecoin has risen 10%, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/dogecoin\">CoinGecko<\/a>. As of writing, the cryptocurrency traded near $0.30.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"458\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/DOGEUSDT_2021-09-03_16-24-31-1024x458.png\" alt=\"\u0418\u043b\u043e\u043d \u041c\u0430\u0441\u043a \u043f\u043e\u0445\u0432\u0430\u043b\u0438\u043b \u0440\u0430\u0437\u0440\u0430\u0431\u043e\u0442\u0447\u0438\u043a\u043e\u0432 \u043a\u043b\u0438\u0435\u043d\u0442\u0430 Dogecoin \u0437\u0430 \u0434\u043e\u0441\u0442\u0438\u0433\u043d\u0443\u0442\u044b\u0439 \u043f\u0440\u043e\u0433\u0440\u0435\u0441\u0441\" class=\"wp-image-148179\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/DOGEUSDT_2021-09-03_16-24-31-1024w.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/DOGEUSDT_2021-09-03_16-24-31-300x134.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/DOGEUSDT_2021-09-03_16-24-31-768x344.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/DOGEUSDT_2021-09-03_16-24-31-1536x688.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/DOGEUSDT_2021-09-03_16-24-31.png 1834w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Hourly DOGE\/USDT chart on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/DOGEUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Earlier, Vitalik Buterin expressed the hope that <a href=\"https:\/\/u1f987.com\/en\/news\/vitalik-buterin-says-the-choice-of-eight-ethereum-co-founders-was-a-mistake\">Dogecoin will move to the Proof-of-Stake consensus mechanism<\/a>, using the Ethereum codebase.<\/p>\n<p>Follow ForkLog on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk noted the progress achieved by Dogecoin developers with the release of a new client version. The software is intended to lay the groundwork for upcoming reductions in network fees and to accelerate node synchronization.<\/p>\n","protected":false},"author":1,"featured_media":48869,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[99,1217,1551],"class_list":["post-48868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dogecoin","tag-elon-musk","tag-mark-cuban"],"aioseo_notices":[],"amp_enabled":true,"views":"37","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=48868"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48868\/revisions"}],"predecessor-version":[{"id":48870,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48868\/revisions\/48870"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/48869"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=48868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=48868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=48868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}