If Dogecoin were to be taken seriously instead of a "meme" coin, what features would you suggest for Dogecoin to become a worthy crypto in the future?
Here's some of my suggestions:
1. Limit supply of DOGE to 25 million coins
2. Make it a hybrid coin with PoW and PoS.
Any comments? Please share them here with the community. Thanks
Here's some of my suggestions:
1. Limit supply of DOGE to 25 million coins
2. Make it a hybrid coin with PoW and PoS.
Any comments? Please share them here with the community. Thanks
1. You mean 25 million new coins per year? Way too low. You can argue that the current 5 billion per year is too high, and maybe it is, but DOGE wasn't supposed to be the hoarding coin. DOGE was supposed to be the fun coin where everyone could feel rich. It goes against the spirit in which it was created.
2. As long as LTC network is healthy and stable, there is no value in adding POS. I am blatantly shilling here, but if you are interested in a version of DOGE that you can stake, check out LiteDoge https://bitcointalk.org/index.php?topic=1077390.0 It has a rocky past but it is cheap at 2 satoshis, staking is highly rewarding, and it still has a small but dedicated community.
A large part of the value of any alt is its community but when it comes to DOGE, community is and always was 100% of what it had going for it. Adding new features or monkeying with its technical specifications isn't going to boost it's value. It's a meme coin. The problem with memes is that most of them die eventually. DOGE is still hanging around, but it remains to be seen if it will grow, or if more people will decide it's not fun anymore and head for the door.