Cryptos

The Dogecoin Foundation has returned with Elon Musk as an advisor and Vitalik Buterin, Ethereum’s founder.

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Dogecoin Foundation was reestablished with a “renewal of focus” to speed up the development of Dogecoin. Vitalik Buterin (co-founder of Ethereum) and Jared Birchall (director of the family office for Tesla CEO Elon Musk) are among the foundation’s advisors.

The Dogecoin Foundation is being relaunched

The Dogecoin Foundation was re-established Monday, with a renewed focus on supporting Dogecoin ecosystem and the community and promoting future Dogecoin blockchains. After being inactive for many, many years, the foundation has been reactivated. Tweet Monday: “Guess who’s back!

The foundation clarified that he is not here to take control of the Dogecoin Core wallet Project.

We are here to speed up the development effort by helping current Dogecoin Core developer to work full time through sponsorship and also providing a welcome landing for potential backers to help with the project.

The Dogecoin Foundation, a non-profit organization founded in 2014 by Dogecoin members, provides “support for Dogecoin crypto through development and advocacy.” Its website details. The organization is also responsible for protecting Dogecoin brands “to prevent fraud and abuse” and creating “a roadmap and governance to the future of Dogecoin.”

The foundation claimed that it “owns Dogecoin brand name and Dogecoin Logo and will keep them for community use.”

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The foundation’s website lists four advisers: Jared Birchall and Max Keller, Shibetoshi (Billy), Shibetoshi Nakamoto (Billy), Vitalik Buterin, and Ethereum cofounder Vitalik Buterin.

The Dogecoin Foundation is back with Elon Musk's advisor and Ethereum's Vitalik Buterin

Birchall is a former executive at Morgan Stanley and is close to Tesla CEO Elon. He is also the Managing Director at Musk’s family office, Excession. Buterin already mentioned the possibility of a collaboration between Dogecoins and Ethereum. “If we can have a secure Doge-to-Ethereum bridge. It would be incredible, ”he said in June. Max Keller, Dogecoin Core’s developer, and Billy Markus, Dogecoin’s co-creator (also known under Shibetoshi Nakamoto).

The foundation noted that it will “announce additional projects that will complement Core wallet to enable faster Integration and easier APIs for financial and social projects wishing to use Dogecoin.”

What do you think about the reestablishment and advisory of Vitalik Buterin & Jared Birchall’s dogecoin foundation? Comment below to let us know your thoughts.




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