Friday, February 3

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Robinhood CEO talks about how Dogecoin Can Become People’s Currency.
Cryptocurrency

Robinhood CEO talks about how Dogecoin Can Become People’s Currency.

In a  recent  Twitter thread, Robinhood CEO Vlad Tenev has suggested several improvements that could make Dogecoin the currency of the internet and the people. The 35-years executive claims that transaction fees have to be “vanishingly small” for the meme cryptocurrency to reach widespread acceptance. The Dogecoin core 1.14.5 upgrade, which was introduced last November, significantly lowered transaction fees. From the observation made by Tenev, this makes it a much cheaper alternative to popular car networks that charge up to 30% per transaction. Read Also: Arbitrum Got A Scale Up Support From Yearn:Finance Robinhood executive also says that the block time should be lowered to just ten seconds. In such a way, Tenev also agrees that the block time shouldn’...