Isn't DOGE usage due to some type of integration with ETH? It may be that people are using it over the ETH network somehow without even knowing it. With that said, I own DOGE and think it may approach $1 in an overheating market.
There is a project that connects the Ethereum and Dogecoin blockchains. It makes it possible to store and lock DOGE on the Dogecoin blockchain and release it on the Ethereum blockchain and the other way around.
This kind of inter-blockchain swaps would realy give DOGE a massive boost.
Do not know about the $1 marketprice for Dogecoin but if it did I would surely be celebrating big time. 😁
There already was a succesfull atomic swap between Litecoin, LTC, and DOGE apparantly. But DogEthereum is even bigger because it could be exchanged on the Ethereum blockchain against ERC-20 tokens and be used in smart contracts.
This is far stretching yet still unknown to many. Once this works and it can be used for EOS too, then DOGE could see a boost in its value.
Isn't DOGE usage due to some type of integration with ETH? It may be that people are using it over the ETH network somehow without even knowing it. With that said, I own DOGE and think it may approach $1 in an overheating market.
There is a project that connects the Ethereum and Dogecoin blockchains. It makes it possible to store and lock DOGE on the Dogecoin blockchain and release it on the Ethereum blockchain and the other way around.
The project is based on the Truebit protocol and is called Dogethereum: https://amp.reddit.com/r/dogecoin/comments/61vg5k/dogethereum_we_can_do_this_dogether/
This kind of inter-blockchain swaps would realy give DOGE a massive boost.
Do not know about the $1 marketprice for Dogecoin but if it did I would surely be celebrating big time. 😁
There already was a succesfull atomic swap between Litecoin, LTC, and DOGE apparantly. But DogEthereum is even bigger because it could be exchanged on the Ethereum blockchain against ERC-20 tokens and be used in smart contracts.
This is far stretching yet still unknown to many. Once this works and it can be used for EOS too, then DOGE could see a boost in its value.