The Dogecoin Foundation is releasing a map on how the Dogecoin (DOGE) blockchain and community are growing.
In a new thread on the social media platform X, the team behind the popular dog-themed meme asset reveals a “trail map” that displays the milestones they have achieved and are planning to achieve.
The first step, which was to grow the development community and make it more accessible, is marked as 100% completed while the second second, which was marked as lowering the barrier to access DOGE and ready it for business adoption, is displayed as 90% complete.
However, the third step, which is to “increase global throughput to meet global currency scalability expectations,” is only 10% done.
On its official website, The Dogecoin Foundation notes the projects they are working on to reach their goals while emphasizing that the blockchain must remain decentralized.
“The direction of Dogecoin is paved by the many projects that the community feels best shape its direction. This is a very intentional decision: it is important that Dogecoin remains a decentralized project with shepherds rather than rulers, each whose projects and contributions stand or fall on their merits.
This Trailmap represents a dog walk the Dogecoin Foundation is committed to exploring and that we believe will contribute to Dogecoin’s success.”
Some of them include giving Dogecoin.com a makeover, the creation of Dogepedia, the launch of DOGE library libdogecoin, and the release of the GigaWallet, a solution that would let developers quickly integrate Dogecoin into their platforms.
Dogecoin is trading for $0.0928 at time of writing, a 3.7% decrease during the last 24 hours.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inboxCheck Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Golden Dayz