Tesla CEO Elon Musk said he â€œpretty muchâ€ agrees with Ethereum co-founder Vitalik Buterin about a collaboration between Dogecoin and Ethereum. Buterin said: â€œif we can have a secure Doge-to-Ethereum bridge. That would be amazing.â€
Vitalik Buterin Talks About Dogecoin and Ethereum Bridge, Elon Musk Agrees
Ethereum co-founder Vitalik Buterin talked about a potential collaboration between Ethereum and Dogecoin in an interview with AI researcher Lex Fridman last week.
Referring to the Tesla and Spacex CEO repeatedly tweeting about dogecoin, Fridman said, â€œThereâ€™s a power behind someone like Elon Musk pushing the development of a cryptocurrency.â€ He then asked Buterin, â€œis there a way to leverage that power and momentum to improve Ethereum?â€ Buterin said:
â€œI definitely donâ€™t think Ethereum is opposed to dog coins,â€ the co-founder emphasized. â€œI kind of want the fans to feel like Ethereum is, at least a little bit, in spirit itself a dog coin.â€
He elaborated: â€œI think if we can have a secure Doge-to-Ethereum bridge. That would be amazing, and then when Ethereum gets any scalability that works for Ethereum assets, you would be able to trade wrapped DOGE with very low transaction fees and very high speed as well.â€
Commenting on Muskâ€™s action to support dogecoin, Buterin said: â€œYou would make a mistake if you were to ascribe too much sophisticated malevolence or any deep intentionality to the whole process. Heâ€™s just a human being, and he likes dogs just like I like dogs.â€
Musk then commented on the interview, tweeting:
Ethereum is currently undergoing an upgrade transitioning 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.
â€œOne of the biggest problems Iâ€™ve found with our project is not the technical problems, itâ€™s problems related with people â€¦ Ethereum is now in a better economic position, but it took us five years to get to where we are now. We have a lot of internal team conflicts in these five years. If you are building a team, it is important to know who you are working with,â€ the Ethereum co-founder described.
Last month, Musk proposed some improvements for Dogecoin, claiming to have met with DOGE developers. Musk wrote: â€œIdeally, Doge speeds up block time 10X, increases block size 10X & drops fee 100X. Then it wins hands down.â€
Do you think Ethereum and Dogecoin should collaborate? Let us know in the comments section below.
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