Elon Musk, CEO of Tesla, said he “pretty much” agrees with Ethereum co-founder Vitalik Buterin about a collaboration between Dogecoin and Ethereum. Buterin said, “If we can have a safe Doge-to-Ethereum bridge. That would be great.”
Vitalik Buterin talks about Dogecoin and Ethereum Bridge, Elon Musk agrees
Ethereum co-founder Vitalik Buterin spoke last week in an interview with AI researcher Lex Fridman about a possible collaboration between Ethereum and Dogecoin.
Speaking of the CEO of Tesla and Spacex, who tweeted repeatedly about Dogecoin, Fridman said, “There’s a force behind someone like Elon Musk that is driving the development of a cryptocurrency.” Then he asked Buterin, “Is there a way that force can be and use this momentum to improve Ethereum? ” Buterin said:
If DOGE wanted to somehow build a bridge to Ethereum and then people could trade DOGE thousands of times per second within the loop, then that would be amazing.
“I definitely don’t think Ethereum is against dog coins,” emphasized the co-founder. “I want fans to feel like Ethereum is at least a little bit of a dog coin in its own right.”
He stated, “I think if we can have a safe Doge-to-Ethereum bridge. That would be amazing, and if Ethereum then got a scalability that works for Ethereum assets, you could trade packaged DOGE with very low transaction fees and very high speeds. “
Commenting on Musk’s action in support of Dogecoin, Buterin said, “You would be making a mistake if you ascribed too much subtle malice or deep intent to the entire process. He’s only human and he likes dogs as much as I do dogs. “
Musk then commented on the interview and tweeted:
I pretty much agree with Vitalik.
Ethereum is currently undergoing an upgrade moving from a proof-of-work (PoW) consensus model to a proof-of-stake (PoS) model. Buterin recently explained why the upgrade is taking longer than expected.
“One of the biggest problems I’ve encountered with our project isn’t the technical problems, it’s the problems with people… Ethereum is in a better economic position now, but it took us five years to get to where we were now are. We have had a lot of internal team conflicts over these five years. When you’re building a team, it’s important to know who you’re working with, ”said the Ethereum co-founder.
Last month, Musk suggested some improvements to Dogecoin, claiming to have met with DOGE developers. Musk wrote, “Ideally, Doge will speed up the block time 10 times, increase the block size 10 times, and decrease the fee 100 times. Then it will undoubtedly win. “
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