@xuanling11 21 August 2021 more from that month

Doge 2.0: Who Let The Dog Out?!

Dogecoin Foundation has re-organized into 2.0. Its advisory board included not only Elon Musk’s representative Jared Birchall but also Ethereum co-founder Vitalik Buterin. Its headquarters will relocate to Liechtenstein. https://foundation.dogecoin.com/posts/2021/08/announcement-re-establishing-the-dogecoin-foundation/ https://u.today/elon-musk-associate-joins-dogecoin-foundations-advisory-board https://www.benzinga.com/markets/cryptocurrency/21/08/22550853/dogecoin-foundation-returns-after-6-year-hiatus-ethereums-vitalik-buterin-musk-rep-jared-b https://decrypt.co/78836/exclusive-new-dogecoin-foundation-plans-liechtenstein-hq Dogecoin was introduced in 2013 solely for meme purposes. People own Dogecoin only because it is fun. Now, Dogecoin wants to rebrand into people’s money. https://en.m.wikipedia.org/wiki/Dogecoin Dogecoin evolves from the meme phase to get real phase.

Here are some hypothetical futures that Dogecoin will evolve and become:   **Doge payment system**    ***Difficulty***: 🌕🌕🌗 ***To the moon***: 🚀🚀 ***Time needs to accomplish***: 1~2 yrs   Elon Musk supports this idea, and he intends to accept Dogecoin as a payment method to pay off his rocket missions to the moon, which is also to meme about Dogecoin price to $1. https://thenewscrypto.com/important-to-support-elon-musks-strategic-tweet/ A coin needs to be transacted as fast and with as low fees as possible to become a payment. With improvements in blockchain technology, Dogecoin can quickly achieve the goal.   **Doge voting system**   ***Difficulty***: 🌕🌕🌕 ***To the moon***: 🚀🚀🚀 ***Time needs to accomplish***: 3~5 yrs   The Dogecoin as a governance token that is possible to vote for social improvement may be a solution to become a people’s coin. Dogecoin can be a funding source to help any projects that can benefit everyone. It can be a donation payment method with value and a voting right to help specific tasks pass with payment to start. For example, Dogecoin can fund a movie project that promotes social issues awareness or even healthcare products that may help cure cancer?!   **Doge-Ether hybrid**    ***Difficulty***: 🌕🌕🌕🌗 ***To the moon***: 🚀🚀🚀🚀 ***Time needs to accomplish***: 3~5 yrs   Dogecoin can leapfrog by referring to Ethereum progress. First, it can create layer 2 solutions to scale up along with its tokens. Then, it was pushed further to layer 3 of Dapps and its own meme NFTs. However, Ethereum is already competitive. Therefore, it may be challenging to gain monuments that compete with Ethereum.   **Doge the stablecoin = $1**   ***Difficulty***: 🌕🌕🌕🌕 ***To the moon***: 🚀🚀🚀🚀 ***Time needs to accomplish***: 3~5 yrs   Dogecoin can become its stablecoin with its reserve bank to issue and control coin supply. The benefit to becoming a stablecoin is that Dogecoin can provide financial support and become an indeed $1 worth digital currency. The downside is that future regulations may impact Dogecoin growth.   **Quantum resistance coin**   ***Difficulty***: 🌕🌕🌕🌕🌕 ***To the moon***: 🚀🚀🚀🚀🚀 ***Time needs to accomplish***:10~15 yrs   To become a quantum-resistant digital asset, it may require breakthrough technology and long-term investments to develop. Although it is possible to integrate a quantum-resistant ledger into Dogecoin, the technology is still growing at the research phase. Since one possible future for a quantum computer is to break cryptography technology, every crypto may be threatened by such technological progress. https://www.sciencealert.com/quantum-circuits-simulated-on-classical-computers-test-the-limits-of-future-technology Dogecoin May develop a quantum-resistant technology that uses parallel computing while avoiding an attack from quantum computers. It is all hypothetical at the moment, but it is possible and probable.   **In conclusion**    Dogecoin has evolved and continues evolving to become a better version of itself. The meme culture will continue to support its development, and it has an ever bright future to continue its legendary journey.