Crypto News

New Dogecoin Update Gets Tesla Owner, Elon Musk’ Support

Analyst

Dogecoin Rolls Out New Update which gets the Billionaire and business tycoon Elon Musk attention.

Notably, Dogecoin co-creator Billy Markus recently in a Tweet urges miners to download the meme coin’s latest upgrade. As this will give them access to run more efficient nodes on the network. Which of course, will validate transactions and lower fees.

More so, Elon Musk, the popular Dogecoin Fan fan shows his support and approval for Markus’s tweet. Elon musk replies the tweet with a thumbs-up emoji and a hundred percent symbol.

Furthermore, Musk makes suggestions and comments on Dogecoin needing a lower transaction fees. Also, saying this will lead it to another massive and widespread adoption.

According to Markus, it’s more important for mining pools to download the upgrade than for every individual user to do so.

“If no one new made a node and all the existing mining pools updated to 1.14.4, that would…”
“be enough for a successful release. In terms of running your own node, that’s great if…”
“you want to run a dedicated node that you will always keep up to date. If people are…”
“wondering why I’m not screaming ‘everyone run a node’ at the top of my lungs constantly,..”
“it’s because that isn’t really the thing that’s needed short term…”
“What’s needed is for mining pools to update.”


Currently, Dogecoin is trading at $0.23 at time of writing. This is according to information from CoinGecko.

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