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Meanwhile, Tesla and SpaceX CEO Elon Musk, who is known as an advocate of Dogecoin, showed his appreciation of the update, calling it "important." It corrected lower since, and at 10:13 UTC, DOGE is trading at USD 0.28, down 1.7% in a day. Following the news, Dogecoin, which was trading at around USD 0.26 on that day, shot up to nearly USD 0.30 on November 8, gaining more than 12% along the way, as per data by CoinGecko. #Dogecoin core 1.14.4 update#Notably, the update reduces Dogecoin transaction fees from DOGE 1 to DOGE 0.01 per transaction, diminishing the fee by 99%.ĭogecoin Developers first unveiled the update on November 7, prompting a frenzy around the coin. #Dogecoin core 1.14.4 code#The update fixes two vulnerabilities that are currently affecting most Dogecoin Core users: Remote Code Execution in Dogecoin QT (CVE-2021-3401) and Sensitive Information Exposure on Unix platforms (CVE-2019-15947), as per the GitHub release. ![]() #Dogecoin core 1.14.4 upgrade#The note urges all Dogecoin Core users, miners, and operators to upgrade immediately. ![]() Its price decreased when he criticized the fact that a large portion of Dogecoin’s supply is concentrated to a few holders.Dogecoin (DOGE) has dropped today following a 12% surge yesterday - as a Dogecoin Core update went live which aims to tackle a number of security problems associated with the famous meme coin, as well as reduce transaction fees and improve performance.Īccording to a GitHub note, the update 1.14.5 is "a new minor version release," which includes security updates and changes to network policies. For example, Dogecoin’s price increased when Musk said he bought Dogecoin for his son. Anytime Musk tweets about Dogecoin, the price either increases or decreases depending on his sentiment. Musk himself is dubbed the “CEO” of Dogecoin. This year, however, the pump was sustained because of the support of celebrity “supporters,” which include rock band Kiss member Gene Simmons, Dallas Mavericks owner Mark Cuban and Tesla founder Elon Musk. Released as a joke cryptocurrency in 2013, Dogecoin has had numerous “pump and dump” moments in the past. There is no way anyone can lie to this wallet and suddenly make your coins disappear,” one Redditor said. #Dogecoin core 1.14.4 software#“On this wallet, you own your keys and the software doesn't rely on anyone but you and your network connection. Since the Dogecoin Core is essentially a wallet for $DOGE, when users asked why this is better than having a wallet in a crypto exchange like Binance, users replied that using Dogecoin Core essentially means owning your own keys to your cryptocurrency. ![]() Social media and Dogecoin supporters welcomed this good news with a more positive outlook on the future of cryptocurrency. Other items in the update include some translation corrections, fixes to documentation, and increased block download timeouts. “This default setting can be overridden with the -mempoolexpiry parameter by individual node operators to a value (expressed in hours) that makes the most sense for the use cases the node serves,” the update stated. The update also reduced the time it takes for transactions to get cached in the mempool, from 336 hours down to just 24 hours. The checks are still performed when a block is received and during rescans of the blockchain that is stored locally. This means the nodes can upload blocks at a much faster rate by removing “integrity checks” that were always performed when a block is sent from one node to another. In its first update since 2019, the key improvement introduced is synchronization speed. Originally, and still is, a joke cryptocurrency, Dogecoin has amassed a ton of “supporters”Īs the popularity of Dogecoin continues to increase by the day, the developers for the cryptocurrency introduce a new update that will enable the token to keep up with other cryptocurrencies as well as live up to its hype to become a global currency.It also reduces the time it takes for transactions to get cached.Dogecoin Core nodes can now upload blocks at a much faster rate. ![]()
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