Dog Memecoin Builds Bitcoin Client For Faster Transactions
DOG community account, Leonidas (@LeonidasNFT), announced a new open source Bitcoin client dubbed $DOG Mode.
Right now, small transactions have to include extra, unusable Bitcoin just to get accepted. DOG Mode would remove that requirement, freeing up an estimated $25 million in Bitcoin that's currently locked in place.
Unlike some other proposed fixes, DOG Mode does not require Bitcoin to split into a new version. It only changes how transactions are relayed, not the core rules that govern the Bitcoin network.
Bitcoiners should be rooting for anything that brings more attention, builders, and users into the Bitcoin ecosystem.
$DOG has the potential to do exactly that.
For years the conversation has been, Build on Bitcoin.
Now people are building on Bitcoin, and instead of supporting them, some are trying to push them away.
That doesn’t grow the ecosystem.
Whether you personally like memes or not, if they introduce new people to Bitcoin, they have value.