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The Dogecoin (DOGE) Foundation is celebrating a major milestone in its development trail map. The protocol unveiled “Project Sakura,” an upgrade expected to block speed tenfold and augment block size while ensuring maximum decentralization.
The development has sparked vibrant discussion within the Dogecoin community based on curiosity and controversy. Last Thursday, the Foundation took to X to share details about its trail map, citing that its strategy would unfold in three phases. It is worth noting that all three phases are focused on broadening the scope, utility, and adoption of DOGE.
First Phase of Project Sakura Completed
The first phase, which involved open development tools, has been completed. This phase specifically explored tools like lib dogecoin and multi-language bindings to expand the developer ecosystem. The second phase is focused on lowering the barrier to DOGE acceptance and adoption, particularly for the unbanked community.
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This phase is 90% complete and involves products like GigaWallet Payment Gateway and e-commerce plugins. Notably, these tools make commercial use of DOGE possible by enhancing the transaction process for merchants and customers.
Project Sakura’s Third Phase Details
The third phase, which is only 10% done, is more concerned with the scalability of the Dogecoin crypto. Ultimately, the goal is to ensure Dogecoin can efficiently handle more transactions while maintaining its decentralization. These upgrades will involve increasing the block speed and size by ten times in the coming weeks.
This is a major boost for the cryptocurrency in its efforts to address the issue of scalability. These developments come only a few weeks after Elon Musk, a top Dogecoin promoter, won a significant lawsuit.
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Dogecoin Foundation Gives Details on Project Sakura
The introduction of Project Sakura has sparked the interest of many top industry personalities. Doge Whisperer and Sir Doge of the Coin have indicated their interest in the project and even demanded more information. They are particular about the concept of the “Proof of Doge” protocol upgrade and what it means for the future of Dogecoin.
So far, the Dogecoin Foundation has only told the public that Project Sakura is a community-based project that aligns with Dogecoin’s spirit. They also clarified that the upgrade will aim at Dogecoin’s sustainable development without any central entity or lead controlling it.
While the memecoin has grown to a billion-dollar coin, the dog that inspired it, Kabosu, passed on recently. However, independent developers are maintaining the asset’s legacy with these development plans.
