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Dogecoin devs deny rumor of immediate PoS switch following community concern
29 Dec 2022
By Tom Blackstone
The denial was made after critics said the team was going to “kill scrypt miners.”
The developers of Dogecoin (DOGE $0.07) have denied rumors that the network is immediately switching to proof-of-stake (PoS), saying that they are merely planning to release a proposal on the topic. The repudiation came on Dec. 29, from the Twitter account of Michi Lumin, principal engineer for the Dogecoin Foundation
More info for ya. Influencers, even if they have millions of views and followers, even if they speak with authority, do not actually have the inside scoop on what's going on with #dogecoin. Just because one says a validation method is changing, doesn't mean it is.— Michi Lumin (@michilumin) December 29, 2022
Lumin stated that the Dogecoin Foundation does not have the power to upgrade the network without the consent of validators, explaining:
“It is not possible for, nor is it planned for, an individual, organization, or body to ‘move’ or ‘shift’ or ‘change’ #dogecoin to PoS. All that can be done is: it can be outlined, perhaps coded, and given to the community (and validators) to decide to take up or not […] the repeated sensationalist (to get views/follows) refrain of people saying that #dogecoin ‘is moving to PoS’ is ridiculous, and absolutely not how it works or can work. It will not and can not be done by edict, or force…”
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