• Dogecoin developers denied rumors that the team plans to switch to a PoS network.
• Michi Lumin, Dogecoin foundation’s principal engineer, clarified that no individual or organization can switch Dogecoin to PoS.
• Lumin argued that those spreading the rumors were doing so to get more views or follows on their social handles.
Rumors of Dogecoin making a switch to a PoS network have been circulating recently, causing a heated discussion in the community. In response, the Dogecoin developers released an official statement on Thursday, denying the rumors and clarifying the situation.
Michi Lumin, the Dogecoin foundation’s principal engineer, took to Twitter to shed light on the denial, stating that no organization or individual can switch Dogecoin to PoS. He argued that the most they can do is provide a code outline to the validators and the community. Lumin also suggested that those spreading the rumors were doing so for personal gain, such as getting more views or followers on their social handles.
The rumors of Dogecoin switching to PoS had been sparked by a YouTube video posted by Rabid Mining on Wednesday. However, the Dogecoin team made it clear that the network won’t be switching to PoS anytime soon, and that the proposal will still have to be approved by the network’s validators.
The Dogecoin team has been working on various upgrades to their network, such as improving the speed of transactions and introducing new features. It is clear that the team is taking a cautious approach to any changes they make to the network, and they are making sure to get approval from the validators before implementing any upgrades.
• VeChain Energy has launched a profile feature for Auth-Service that allows users to personalize their experience with nicknames.
• The profile extension introduces a new scope called ‚profile‘ which allows users to select a nickname from a trusted source.
• This profile selection is stored on the blockchain, and automatically used for future sign-ins.
VeChain Energy has recently announced the launch of a new profile feature for their Auth-Service that allows users to personalize their experience with nicknames. This update is part of their mission to drive Web3 adoption and is only the latest in a series of innovations to further the platform.
The profile extension introduces a new scope called ‚profile‘ which is applied on the application side. This allows users to select a nickname from a trusted source when they interact with the network’s applications. This profile selection is stored on the blockchain and is automatically used for future sign-ins. Furthermore, users can manage their profiles at profile.vechain.energy. After signing in, they can change their nickname whenever they want. This change from impersonal wallet addresses to personalized nicknames is intended to promote engagement and drive adoption of the network.
VeChain Energy is also looking to partner up with more companies to further the development and adoption of their platform. They hope to continue to introduce innovations and features to provide a more engaging and attractive user experience. With the launch of this profile feature, VeChain Energy is one step closer to achieving their mission and driving Web3 adoption.
• Gleec coin has become the latest coin to be listed on Choise.com.
• Choise.com provides users with a convenient debit card to spend and convert cryptocurrencies, as well as a popular crypto wallet and earnings marketplace.
• The listing on Choise.com could bring the coin to over 750k users, and could now be used in various locations.
Gleec coin has recently been listed on Choise.com, a MetaFi ecosystem that combines CeFi and DeFi spaces under a single user-friendly platform. This promising listing could bring the coin to over 750k users, and could now be used in various locations.
Gleec is a utility coin that functions as the native token of the Gleec ecosystem, a platform that takes advantage of blockchain technology to provide digital bank accounts with the crypto-friendly IBAN. This allows users to use the Crypterium Visa Card to convert crypto to fiat currencies and use cash for online and offline transactions with more than 42 million merchants globally, as well as withdraw from ATMs.
Choise.com provides its users with a convenient debit card to spend and convert cryptocurrencies, as well as a popular crypto wallet and earns marketplace. The ecosystem combines common custody wallet solutions with promising income-generating solutions, including staking, yield farming, interest accounts, etc.
With the crypto market having struggled for the past few months, with most of the top coins trading far below all-time high prices, it is estimated that over 320 million people around the world now own crypto as of November 2022. The listing on Choise.com could provide a much-needed boost to the coin and bring it to the attention of more users, ultimately helping to increase its value in the market.
As the crypto market stands to benefit from the listing of Gleec coin on Choise.com, the team behind the coin will also work hard to ensure that the coin is used in as many locations as possible. This could be done through strategic partnerships and collaborations with other crypto-friendly companies, as well as by continuing to push the coin to unique users.