Elon Musk agrees with Ethereum’s co-founder for potential ether-doge collaboration

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Tesla Inc founder Elon Musk expressed his agreement with Ethereum’s co-founder Vitalik Buterin on a possible collaboration between cryptocurrencies ethereum and dogecoin, with the latter saying, “If we can have a secure doge-to-ethereum bridge, that would be amazing.”

In an interview with artificial intelligence researcher Lex Fridman last week, Buterin talked about the potential partnership between the two cryptocurrencies that each earned distinctions in the crypto space.

Ethereum, for a long time now, is said to turn the tables on bitcoin while dogecoin was once considered a joke but soared to great heights recently, defying odds to climb to several all-time highs.

Buterin on having dogecoin on his network

During the interview, Fridman, obviously referring to the numerous occasions where Musk tweeted about dogecoin, said there is certainly power behind someone like Musk pushing the development of a cryptocurrency.

He then asked Buterin if there is a way to utilize that power and momentum to improve Ethereum. The co-founder replied, “If doge wants to somehow bridge to ethereum, and then people can trade doge thousands of times a second inside of loop ring, then that would be amazing.”

Buterin also emphasized ethereum does not oppose doge coins and said he wants people to feel that their cryptocurrency is, at least a little bit, in spirit itself a “dog” coin.

The protagonists are still recovering

While the possibility for collaboration is not lost and is in fact, a potential reality, the focus right now is on the fight-back that the two cryptocurrencies are trying to mount following their slump last month.

According to data from CoinGecko, at press time, the leading altcoin is changing hands at $2,531, still well below its all-time high of more than $4,200.

Dogecoin, on the other hand, is trading at just above $0.32, also far from its May all-time high of more than 70 cents.

Image courtesy of Cointelegraph News/YouTube

Jet Encila

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Jet Encila

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