E Point Perfect

Ethereum’s Vitalik Buterin Makes Another Donation to Dogecoin Foundation

article image

Alex Dovbnya

The Dogecoin Foundation has received another donation from Ethereum co-founder Vitalik Buterin

Ethereum co-founder Vitalik Buterin has donated 20 million Dogecoin (DOGE) to the Dogecoin Community.

At press time, the cryptocurrency is trading at $0.085, according to data provided by CoinGecko

It is yet to be announced how the donation will be used by the non-profit organization. 

This is not the first contribution made by Buterin. As reported by U.Today, the foundation received 500 Ethereum (ETH) from the Canadian programmer.     


Last August, Buterin joined the foundation’s advisory board together with Neuralink CEO Jared Birchall.

The non-profit organization, which was originally established in 2014, was relaunched last year after the meme cryptocurrency experienced a massive uptick in popularity. 

In September, after Ethereum successfully implemented the much-anticipated Merge upgrade, Buterin suggested that Dogecoin should become the next cryptocurrency to move to the proof-of-the-stake consensus algorithm. As of now, the joke cryptocurrency remains the second-biggest proof-of-work cryptocurrency (behind only Bitcoin). 

Source link

Related posts

Michael Saylor Discloses Real Value of Bitcoin Despite Record Inflation

Shiba Inu to Be Featured at World’s Top Men’s Fashion Showcase

Millions of XRP Shoveled to Ripple ODL Exchanges, Here’s Who’s Behind This

Cardano Faces Its Final Test After Reaching Fundamental Resistance Level

Massive BabyDoge Burn Coming in 2 Days: Report

Small Bitcoin Investors Actively Accumulate Cryptocurrency