{"id":8892,"date":"2021-06-29T01:54:25","date_gmt":"2021-06-29T01:54:25","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/elon-musk-says-important-to-support-dogecoin-fee-change-proposal\/"},"modified":"2021-06-29T01:54:25","modified_gmt":"2021-06-29T01:54:25","slug":"elon-musk-says-important-to-support-dogecoin-fee-change-proposal","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/elon-musk-says-important-to-support-dogecoin-fee-change-proposal\/","title":{"rendered":"Elon Musk Says \u2018Important to Support\u2019 Dogecoin Fee Change Proposal"},"content":{"rendered":"<p><strong>A fee change proposal for Dogecoin has been submitted and Tesla CEO Elon Musk says that it is \u201cimportant to support\u201d it. \u201cThis document proposes a new fee structure and policy for Dogecoin Core, to be gradually deployed to the network over multiple software releases,\u201d said the Dogecoin developer who submitted the proposal.<\/strong><\/p>\n<h2>Elon Musk Signals Support for Dogecoin Fee Change Proposal<\/h2>\n<p>Tesla CEO Elon Musk has signaled his support for the Dogecoin fee policy change <a href=\"https:\/\/github.com\/dogecoin\/dogecoin\/discussions\/2347\">proposal<\/a> submitted Sunday. Software engineer and Dogecoin developer Ross Nicoll posted on Twitter that \u201cThe Dogecoin fee change proposal is up.\u201d Musk replied to his tweet: \u201cImportant to support.\u201d<\/p>\n<\/p>\n<p>The Dogecoin fee policy change proposal was submitted by Dogecoin developer Patrick Lodder. \u201cThis document proposes a new fee structure and policy for Dogecoin Core, to be gradually deployed to the network over multiple software releases,\u201d his proposal reads.<\/p>\n<p>He explained on Reddit:<\/p>\n<p>TLDR; This proposal to all dogecoin stakeholders suggests to reduce average fees 100x for standard transactions on the Dogecoin chain, split full control over all aspects of fees between miners and node operators, rely less on core development, and bring back a functional (small) free transaction space that incentivizes keeping the network healthy.<\/p>\n<p><!-- growjs zone placement 31 -->    <!-- end of growjs zone placement --> <\/p>\n<p>Musk began talking about improving Dogecoin back in May. He tweeted that he was \u201cWorking with Doge devs to improve system transaction efficiency. Potentially promising.\u201d<\/p>\n<p>The Tesla CEO also urged anyone wanting to help develop Doge to submit ideas on Github and on the Dogecoin Reddit forum. He <a href=\"https:\/\/news.bitcoin.com\/elon-musk-doubles-down-on-dogecoin-tweets-about-ideal-improvements\/\">tweeted<\/a> in May: \u201cIdeally, Doge speeds up block time 10X, increases block size 10X &amp; drops fee 100X. Then it wins hands down.\u201d The Dogecoin fee change proposal can be found <a href=\"https:\/\/github.com\/dogecoin\/dogecoin\/discussions\/2347\">here<\/a>.<\/p>\n<p><em><strong>What do you think about Elon Musk supporting the new Dogecoin fee change proposal? Let us know in the comments section below.<\/strong><\/em><\/p>\n<p>Bitcoin News<br \/>\nAltcoins, doge developers, doge fees, dogecoin fee, dogecoin fee policy change, dogecoin fees, Elon Musk, elon musk doge, elon musk dogecoin, elon musk shiba inu, elon musk&#8217;s support, fee change, fee change proposal<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A fee change proposal for Dogecoin has been submitted and Tesla CEO Elon Musk says that it is \u201cimportant to support\u201d it. \u201cThis document proposes a new fee structure and policy for Dogecoin Core, to be gradually deployed to the network over multiple software releases,\u201d said the Dogecoin developer who submitted the proposal. Elon Musk&hellip;<\/p>\n","protected":false},"author":0,"featured_media":8893,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-8892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8892"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=8892"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8892\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/8893"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=8892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=8892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=8892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}