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Building a cross-chain bridge between the Dogecoin and Ethereum blockchains will add practical value to the meme cryptocurrency. This view was voiced by its co-founder Billy Markus. things
Building a cross-chain bridge between the Dogecoin and Ethereum blockchains will add practical value to the meme cryptocurrency. This view was voiced by its co-founder Billy Markus.
things that benefit #dogcoin:
1) businesses that accept doge
– the more it can be used as a currency, the better2) using doge as tipping currency
— the purest use case that brings happiness3) dogecoin / ethereum bridge
– allows doge to be used with web3– Shibetoshi Nakamoto (@BillyM2k) 24 April 2022
The bridge will extend DOGE use cases in the Web 3.0 space, he says.
“This will open the possibility for places like OpenSea to accept Dogecoin for purchases in a bundled version. Basically, the bridge would unlock the technology, allowing DOGE to be converted from and to a rolled-up token,” Markus wrote.
It will unlock the ability for sites like opensea to accept Dogecoin for purchase using the wrapped dogecoin token – basically a bridge will allow a transfer from doge to a wrapped doge token and back to unlock the technology.
– Shibetoshi Nakamoto (@BillyM2k) 24 April 2022
According to him, specially created sites will be able to see the coins wrapped in the MetaMask wallet and offer new features and opportunities to their owners.
Markus stated that increasing the number of companies accepting the cryptocurrency and using it for donations will also benefit Dogecoin.
Recall that in April, Vlad Tenev, founder and CEO of online broker Robinhood, sought the conditions for DOGE’s transformation into “the future currency of the Internet and people”.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
