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Recently, DOGE developers revealed that the fees reduction upgrade for the DOGE network is in the final stage, and they also tested it, and everything is fine. After the Approval of the DOGE community, the upgrade will be deployed on the DOGE Public Blockchain network. According to the DOGE developer’s fees reduction proposal, the idea is to reduce DOGE transaction cost from 1 DOGE to almost 0.01 DOGE. The reason behind this upgrade is to make DOGE a more cost-effective payment method. In order for the Upgrade, DOGE developers submitted a proposal to the DOGE community, Including miners and node operators. The Upgrade deployment proposal must be able to win community support.
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According to the CEO of Tesla and SpaceX, Elon Musk, “the fees reduction upgrade for DOGE is very important. He is also working with DOGE developers to reduce DOGECOIN transaction fees. Further down the road, Tesla CEO and DOGE developers are planning to reduce fees even lower than $0.01. CEO of Tesla and SpaceX Elon Musk is treating DOGE like his own companies and working closely with DOGE developers. According to Ross Nicoll, Core DOGE developer, “Elon Musk provided plenty of advice and input to improve the DOGE network. Not only this, but Elon Musk also offered funds to the Dogecoin development team. However, the DOGE developer’s team turned down the offer.
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