During an interview with Lex Fridman, an artificial intelligence researcher, Ethereum co-founder Vitalik Buterin hinted at a potential collaboration between Ethereum and Dogecoin.
Dogecoin’s origins are very different, as it began as a joke during its launch. But it has recently scaled new heights and is now listed among the biggest cryptocurrencies in the market.
Ethereum, on the other hand, is a long-running digital asset that has recently surpassed the market-leading cryptocurrency bitcoin.
When Fridman asked Buterin if using power and momentum to improve Ethereum was a possibility, Buterin responded that if Dogecoin and Ethereum were linked, people would be able to trade thousands of coins in a second.
Buterin pointed out that Ethereum has its own set of systems that doesn’t run counter to that of Bitcoin. He said one of his objectives is to give people a clearer grasp of Ether that it is, in a sense, a “dog coin.”
Elon Musk will undoubtedly have some power behind him, which would allow him to push the development of a cryptocurrency forward.
Fridman was referring to Tesla and SpaceX chief executive Elon Musk’s numerous tweets about Dogecoin.
Buterin expounded on the Doge-to-Ether’s possible collaboration, saying Ethereum has “high scalability” for Ether-linked assets. This implies that a large volume of dogecoin could be traded at a much lower transaction fee, and faster, if dogecoin teams up with ethereum.
The ‘Dogefather’ support
Musk responded to the interview by tweeting, “I pretty much agree with Vitalik.” Buterin’s idea of a Dogecoin-Ethereum collaboration is supported by the “Dogefather.”
Musk proposed to Dogecoin developers last month that the cryptocurrency be improved in terms of transaction speed, block size, and drop fees.
Currently, Ethereum is shifting from a Proof-of-Work consensus model to the upgraded Proof-of-Stake model. Buterin said the cause of the delay was internal team disputes, not technical issues.
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