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Dogecoin Foundation and Ethereum creator Vitalik Buterin are building something together

Dogecoin Foundation and Ethereum creator Vitalik Buterin are building something together

Dogecoin Foundation and the founder of the second largest cryptocurrency on the market, Vitalik Buterin, have announced the creation of a unique Dogecoin offering that will bring “Community Staking” PoS to anyone willing to participate, according to U.today.

According to the foundation's website, Dogecoin – is a community-driven, open-source project led by many people and contributors who create the Dogecoin ecosystem every day. The path of Dogecoin “is paved” by numerous projects that are constantly being shaped by the community. The project community also hopes that the project will continue on its decentralized path. The GigaWallet project featured on trailmap will be used to provide an API solution to add Dogecoin transactions to the platform and implement the coin's network as a payment provider. GigaWallet will provide two layers of APIs. The first will be used to process and validate traditional Dogecoin transactions, and the second layer will be used to integrate the Dogecoin Keyring App and SDK (Software Development Kit). Users will retain ownership of their keys without losing the ability to make Dogecoin transactions. Once GigaWallet is released and fully implemented, the fund will be able to focus on community staking development. Community staking – is a unique offering that will allow everyone, according to the article, to participate in the distribution of rewards for managing the network. With community support, the network will continue to grow and make Dogecoin an even more robust network that will be more suitable for creating additional usage scenarios that act to benefit the asset in the long run.

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