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Thursday, January 20, 2022

Dogecoin Foundation Released a Roadmap for The First Time in Its 8 Year History

DOGE is now the 12th biggest cryptocurrency in the market with a market capitalization over $24 Billion

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Dogecoin, the first meme coin has published a roadmap for the first time in its 8 years history. In 2021, it’s hard to believe that any major crypto project wouldn’t have a roadmap. However, the coin was originally created as a joke.

Dogecoin (DOGE), also known as the father of meme coin created by Billy Markus and Jackson Palmer in 2013, the software engineers who decided to create a payment system as a “joke”, making fun of the cryptocurrencies at the time. Almost a decade later, DOGE is now the 12th biggest cryptocurrency in the market with a market capitalization over $24 Billion, finally have a roadmap and coming up with 8 new updates.

The Dogecoin creator Billy Markus ( also known as Shibetoshi Nakamoto ) retweeted a post mentioned that the meme coin will always remain a community-based cryptocurrency. The developers of the project will be responsible for its maintenance, rather than dictating its decisions like rulers. Dogecoin’s decision making and direction will always remain at the hands of its community.

As a part of its roadmap, the meme coin announced 8 new projects. The first project is the complete makeover of the dogecoin.com website, the website will go through a complete redesign and will have a new section called ‘Dogepedia’. This section will include useful resources related to the crypto space scoured from all over the internet.

Dogepedia will streamline information for the community. It will also have a direct Q&A section, where users can get direct answers to their concerns, thus eliminating the FUD. The first preview of the new website will go live in January 2022.

For the developers, they announced the Libdogecoin project (C library with Dogecoin Protocols) , which will allow developers to integrate the meme coin with their products. In future, the library will be in other popular programming languages.

One of the major projects is Project GigaWallet, an open-source, mobile-first and ready-to-deploy API solution that will allow developers to add Dogecoin transactions to their payment platforms in just seconds as easily as they might with any polished payment provider. The developers believe that GigaWallet will accelerate the mass adoption of the DOGE by retailers, game developers, and social media platforms.

The roadmap also includes plans for community staking (PoS) down the line for the meme coin. There’s also the RadioDoge project that will allow users to access radio nodes for remote locations. With these updates, Dogecoin will to go beyond the ‘meme coin’ tagline, and become a blue-chip crypto that’s administered by the community itself.

 

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