The Dogecoin Foundation releases a map of how the Dogecoin (DOGE) blockchain and community is growing.
In a new thread on social media platform X, the team behind the popular dog-themed meme reveals a “trail map” that displays the milestones they have completed and plan to complete.
The first step, which was to grow the development community and make it more accessible, is marked as 100% complete, while the second step, which aimed to lower the barrier to entry for DOGE and prepare it for commercial adoption, is shown as 90% complete.
However, the third step, which is to “increase overall throughput to meet global expectations for monetary scalability,” is only 10% complete.
On its official website, the Dogecoin Foundation notes the projects it is working on to achieve its goals while emphasizing that the blockchain must remain decentralized.
“Dogecoin’s direction is paved by the many projects that the community feels are best positioned to shape its direction. This is a very intentional decision: it is important that Dogecoin remains a decentralized project with shepherds rather than leaders, each whose projects and contributions stand or fall based on their merits.
This trail map represents a dog walk that the Dogecoin Foundation is committed to exploring and that we believe will contribute to the success of Dogecoin.
Some of these include the redesign of Dogecoin.com, the creation of Dogepedia, the launch of the DOGE library libdogecoin, and the release of GigaWallet, a solution that would allow developers to quickly integrate Dogecoin into their platforms.
Dogecoin is trading at $0.0928 at the time of writing, down 3.7% in the last 24 hours.
Don’t miss a thing – Subscribe to receive email alerts directly to your inbox
Check price
Follow us on XFacebook and Telegram
Surf the Daily Hodl Mix
 
Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies 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
