Elon Musk Continues to Support the Dogecoin Update

Elon Musk continues to support the Dogecoin update. Musk continues to post supportive tweets.

Elon Musk, who made a significant contribution to the rise of Dogecoin, especially with his tweets in 2021, also supported the new update in Dogecoin with his tweet. As it is known, as more nodes move to new updates in Dogecoin, transactions in Dogecoin can be made below the current fee, which will bring more adoption.

Transaction Fees Will Decrease

According to the information on the GitHub page, the newly released Dogecoin Core 1.14.4 includes performance improvement and bug fixes. The biggest change in the new update is that transaction fees will be reduced. This is said to mean more DOGE acceptance in businesses. With the update, the default transaction fee demand on the network will be reduced by a thousand times, and the fee charged for mining will be reduced by a thousand times. Older nodes are also recommended to run this new update for more efficient operation. Elon Musk, who is known for his important support to the phenomenon cryptocurrency, also showed his support for this innovation by writing "Important" under a tweet about the updates in DOGE. On his birthday on June 28, Musk wrote "It's important to support this" under a software developer's tweet stating that this change proposal is ready and made the same comment.