The Dogecoin roadmap outlines a number of new features that will be introduced in 2022. A proposal for Proof-of-Stake is part of the plan, to which Ethereum co-founder Vitalik Buterin contributed. According to the project’s website, the development team has created a roadmap for Dogecoin.
The first part of the #Dogecoin Foundation's #trailmap is up. More to come! https://t.co/snYwhxiIge
— Dogecoin Foundation (@DogecoinFdn) December 23, 2021
Among the proposals included on the Dogecoin website is a proposal for Proof-of-Stake, which will allow investors to earn interest by staking their DOGE tokens. There will also be a special feature to donate part of stake rewards to charity. The Doge proposal is described as being “uniquely Doge.” Anyone can participate, not just the big players.
The original proposal for Proof-of-Stake in Dogecoin was made by Vitalik Buterin in September. Currently, Proof-of-Work provides miners with 5 billion DOGE which is worth around $970 million in rewards each year. Dogecoin will also have a redesigned site and a comprehensive FAQ section, according to the roadmap.
Other goals on the roadmap include establishing radio and Starlink-based Dogecoin nodes and establishing a point-of-sale app in partnership with an as-yet-unspecified Layer 2 project. According to the plans outlined, developers will also receive several new tools. There will be a C library (Libdogecoin), a written specification (Dogecoin Standard), an SDK (Dogecoin Keyring), and a transaction API (GigaWallet) provided by the Dogecoin team.
Despite the lack of specific dates in the roadmap, most of these features will begin to be developed in 2022. The Dogecoin Foundation signed a manifesto in August stating the project’s goals and allowing community members to sign the manifesto to capture feedback and what they desired from the project.
Dogecoin developers intend to keep it decentralized and turn it into a currency that can be used almost anywhere globally. This will allow it to buy even very basic items, such as coffee. DOGE is designed to have high adoption and utility, according to its developers.
