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Jun, 2021

Elon Musk and Vitalik Buterin in Cooperation (?)

During last week, Vitalik Buterin, Ethereum’s founder, talked in an interview about a potential cooperation between Ethereum and Dogecoin. When the talking went to the fact that Elon Musk’s tweets can affect Dogecoin and its price formation.


In that phase, Vitalik brought the idea of a secure bridge between Ethereum and Dogecoin, that will allow Dogecoin trnasactions in a second loop through Ethereum’s scalable network, creating new business models.


Elon Musk answered positively in this interview, giving more feed in the comment section for the next steps in the crypto world. Also, he met Dogecoin’s developers and proposed them “to decrease confirmation times by 10 times, increase block’s size by 10 times and drop fees by 100 times”, creating the optimal business model.