Dogecoin co-founder Billy Markus believes that a bridge with Ethereum and collaboration with NFT platforms is needed to improve the project’s position.
Billy Markus is a software engineer, founded Dogecoin with Jackson Palmer in 2013. He
wrote There are two directions on Twitter that will help Dogecoin attract more users and become a widely used cryptocurrency.
According to him, the first thing needed is a bridge between Dogecoin and Ethereum. Second, the most popular cryptocurrency meme needs partnerships with platforms that trade non-fungible tokens (NFT), such as Opensea. NFTs are in high demand in the community. If the NFT markets agree to accept payment in Ethereum-compatible Dogecoin, it will make DOGE a more liquid and popular cryptocurrency.
On September 2, Ethereum co-founder Vitalik Buterin expressed hope that Dogecoin would switch to Proof-of-Stake (PoS) consensus. Perhaps using the Ethereum code for this. He believes Dogecoin needs to issue at least five billion DOGE per year. This was in response to a question from the founder of The Three Arrows Capital, Zhu Su, who asked him to suggest ideas for a collaboration between Ethereum and Dogecoin.
Vitalik Buterin was previously a member of the Dogecoin Advisory Board.