New version of Dogecoin Core software has gone live, bringing slew of important improvements
A new version of the Dogecoin Core software has been released, according to an announcement on Thursday.
Developer Patrick Lodder has explained that version 1.14.6 has improved the network’s efficiency while also bringing important security updates. Hence, all Dogecoin users are strongly advised to upgrade.
The recommended dust limit has been lowered to 0.01 DOGE from 1 DOGE, depending on the upgrade.
As reported by U.Today, Dogecoin Core 1.14.5, the meme coin’s new minor version release, went live in late 2021, significantly reducing transaction fees.
Hottest Dogecoin cheerleader Elon Musk drew attention to recent updates on Twitter.
The entrepreneur previously supported scaling Dogecoin by dramatically increasing its block size and cutting down transaction fees. This was necessary to make the meme coin a viable option for day-to-day purchases (such as movie tickets).
The centibillionaire said on an earnings call that Tesla did not sell any Dogecoin. The electric car maker made it possible to purchase its merchandise with the meme coin earlier this week. It’s unclear exactly how much DOGE the company actually owns, but most likely it only owns a negligible amount.
As reported by U.Today, Tesla recently revealed that it had sold $936 million worth of Bitcoin during the second quarter, which represented the vast majority of the company’s holdings.
Last month, Musk tweeted that he was buying more Dogecoin shortly after the Tesla boss was sued for promoting the same coin which the lawsuit says is a classic “pyramid scheme.”
DOGE is up 13% over the past week.
