Workflow
decentralized apps (dApps)
icon
Search documents
2 New Things That Investors Need to Know About Dogecoin
Yahoo Financeยท 2025-09-27 11:50
Core Insights - Dogecoin is exploring new protocol changes that could enhance its capabilities beyond being a meme coin [1][4] - Two main proposals are under consideration that could significantly broaden Dogecoin's appeal [1][5] Proposal Details - The first proposal involves adding support for zero-knowledge (ZK) proofs, which would allow Dogecoin to host Layer-2 (L2) chains for faster transactions and off-chain computations [4][6] - This upgrade could enable Ethereum Virtual Machine (EVM)-compatible smart contract execution, attracting Ethereum developers to create applications on Dogecoin [5][6] Community and Revenue Implications - The Dogecoin community is currently debating the potential upgrade, which could lead to increased transaction fees and the introduction of smart contracts [7] - A second, more subtle proposal could create a revenue flywheel effect for Dogecoin holders, although details on this are less defined [8]