Dogecoin, which has risen dozens of times in value with the shares of Elon Musk and even reached 70 cents for a time, continues to watch over 10 cents with the big dreams of its investors. While exciting statements about Dogecoin keep coming from time to time, the latest of them From Robinhood CEO came.

Robinhood CEO Vladimir Tenev shared on his Twitter account that Dogecoin’future currency of the internet“He said it could. He also made a 12-share statement on how this will happen. Tenev said in his statement that Dogecoin should be used as a unit for daily payments and online money transfer. of the steps to be taken also named.

Block size and time to be done:

The first point Tenev drew attention to was the $0.003 transaction fee that Dogecoin charges per wire transfer. Tenev stated that this fee is already very low and explained that some of the most important things to develop in Dogecoin are block size and block time. Dogecoin, currently 1 MB block size and 1 minute block time owner. This is Dogecoin It limits the number of transactions it can do per second to 40.

It is an undeniable fact that many people in this field are aware that Dogecoin needs to be developed on these points. In such a future, VISA, which will be Dogecoin’s rival payment giant on the internet, will It can execute 65,000 trades per second.† According to Tenev, these problems in Dogecoin are actually not that serious. Tenev believes that the problem can be solved by increasing the block size limit of Dogecoin from 1 MB to 1 GB and then to 10 GB.