Dogecoin isn’t a Joke, from 2013 to 2014, dogecoin cut its place in the crypto world, partially on the grounds that its community utilized it more as a cash when rivals bitcoin and litecoin were ordinarily held as (genuine) resources. At its tallness, hundreds or thousands of dogecoins would hurdle around Twitter and Reddit, sent forward and backward between clients who largely named themselves ‘shibes’.
On that date, the eagerly awaited technology truebit effectively sent dogecoin to ethereum’s Rinkeby testnet, where it turned into a distinct resource on that blockchain. A notable to begin with, the transaction denoted the fulfillment of years long project developers see as a venturing stone toward the interoperability of crypto resources even more extensively.
Also termed as the “Dogethereum Bridge,” the test also marks the first real release for truebit, which aims to solve one of ethereum’s biggest problems: scalability.
In spite of the fact that truebit is lesser known than scaling arrangements like Raiden and sharding, the technology is maybe more goal-oriented on the grounds that it’s intended to scale any kind of ethereum calculation, instead of just exchanges. This is vital since ethereum charges itself as more than “only” cryptographic money.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
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