Ethereum, Cardano Founder Resoundingly Addresses Elon Musk on How to ‘Fix’ Dogecoin

Not everyone has been fond of what’s been happening with and around Dogecoin, especially since Tesla and SpaceX chief Elon Musk took to pushing up hype of Dogecoin. Taking to Twitter, Hoskinson posted a nearly 9-minute explainer video titled ‘How to fix Doge ’, causing what is right now an avalanche of Musk being tagged all over the post. In the video, Hoskinson starts by urging Musk to revise Dogecoin into using cryptocurrency Prism’s proof of work protocol in mining the currency, and getting up to 10,000 transactions per second capacity with it – therefore enhancing tradability. With all of these suggestions, Hoskinson wrapped up by saying, “I wish him the best of luck in rebuilding that cryptocurrency with his super elite engineers, which I have no doubt he has as he’s one of the world’s richest men.” The advice that Hoskinson offered Musk appears to be pretty solid, backed by multiple technical facts around cryptocurrencies, their underlying transaction technologies, their code scripts and so on.