{"id":59690,"date":"2021-10-01T09:00:40","date_gmt":"2021-10-01T09:00:40","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=59690"},"modified":"2021-10-01T09:00:40","modified_gmt":"2021-10-01T09:00:40","slug":"dogecoin-co-founder-suggests-an-ethereum-bridge-to-doge-and-compatible-nft-markets","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=59690","title":{"rendered":"Dogecoin Co-Founder Suggests an Ethereum Bridge to Doge and Compatible NFT Markets"},"content":{"rendered":"<p><img decoding=\"async\" width=\"696\" height=\"392\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/10\/dogessddf.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"Dogecoin Co-Founder Suggests an Ethereum Bridge to Doge and Compatible NFT Markets\" loading=\"lazy\"><\/p>\n<p><strong>Billy Markus, the co-founder of Dogecoin, explained on Wednesday that an Ethereum bridge to the Doge network would bolster the dogecoin ecosystem. Markus also said that non-fungible token (NFT) markets \u201cwould help Dogecoin\u201d as well.<\/strong>\n<\/p>\n<h2>Dogecoin Co-Creator Thinks 2 Ideas Could Help the Doge Network<\/h2>\n<p>\n<br \/>\nThe popular crypto asset <a href=\"https:\/\/markets.bitcoin.com\/crypto\/DOGE\">dogecoin (DOGE)<\/a> has gained a whopping 7,500% during the last 12 months and reached a high of $0.731 per unit on May 8, 2021. However, DOGE is down 72% since that all-time high and 25.4% during the last month.<\/p>\n<p>While the Dogecoin co-founder Jackson Palmer <a href=\"https:\/\/news.bitcoin.com\/dogecoin-co-founder-criticizes-crypto-world-states-it-is-managed-by-powerful-cartels\/\">criticized the crypto world<\/a> and said it was managed by powerful cartels, Billy Markus speaks about crypto in a positive manner.<\/p>\n<p>On Wednesday, Markus <a href=\"https:\/\/twitter.com\/BillyM2k\/status\/1443361810053226500?s=20\">tweeted<\/a> about the meme-based crypto network he helped create and discussed how the project could be helped by adding two things.<\/p>\n<p>\u201cTwo things I believe would help Dogecoin: [The] completion of DOGE<img decoding=\"async\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/10\/2194.png\" alt=\"&#x2194;\" class=\"wp-smiley\"><a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> bridge, [and] NFT platforms (e.g. Opensea) allowing for the DOGE-<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> token to be used for purchases,\u201d Markus added:\n<\/p>\n<blockquote>\n<p>NFT purchasing is [in] high demand with crypto. Allowing for DOGE purchases of NFTs greatly increases its utility.<\/p>\n<\/blockquote>\n<p>\n<\/p>\n<h2>Some People Are Already Discussing a Dogecoin<img decoding=\"async\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/10\/2194.png\" alt=\"&#x2194;\" class=\"wp-smiley\">Ethereum Bridge<\/h2>\n<p>\n<br \/>\nMarkus\u2019s idea follows the <a href=\"https:\/\/news.bitcoin.com\/vitalik-buterin-suggestions-dogecoin-doges-cooperation-with-ethereum\/\">suggestions<\/a> from the co-founder of Ethereum Vitalik Buterin during the first week of September.<\/p>\n<p>\u201cPersonally, I hope that doge can switch to PoS soon, perhaps using Ethereum code,\u201d Buterin said at the time. \u201cI also hope they don\u2019t cancel the 5b\/year annual PoW issuance, instead they put it in some kind of DAO that funds global public goods. Would fit well with dogecoin\u2019s non-greedy wholesome ethos.\u201d<\/p>\n<p>Meanwhile, a number of individuals liked Markus\u2019s concept of an <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> <img decoding=\"async\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/10\/2194.png\" alt=\"&#x2194;\" class=\"wp-smiley\"> DOGE bridge and NFT utility. \u201cDOGE being implemented into the NFT ecosystem would be a huge benefit to the community,\u201d one individual <a href=\"https:\/\/twitter.com\/CryptoWhale\/status\/1443363080969334784?s=20\">said<\/a> in response to the <a href=\"https:\/\/markets.bitcoin.com\/crypto\/DOGE\">DOGE<\/a> co-creator\u2019s tweet.<\/p>\n<p>A Twitter account dubbed \u201cDogeX\u201d tweeted: \u201cHEY Billy Markus our metaverse developer spoke with Steven Steele about this last week. We are actively trying to work with you on this concept while we build out the Doge X ecosystem.\u201d<\/p>\n<p><em><strong>What do you think about the ideas the co-creator of DOGE shared on Twitter? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billy Markus, the co-founder of Dogecoin, explained on Wednesday that an Ethereum bridge to the Doge network would bolster the dogecoin ecosystem. Markus also said that non-fungible token (NFT) markets \u201cwould help Dogecoin\u201d as well. Dogecoin Co-Creator Thinks 2 Ideas Could Help the Doge Network The popular crypto asset dogecoin (DOGE) has gained a whopping [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":59691,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-59690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/59690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59690"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/59690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/59691"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}