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The fee mechanism of DOGECOIN was improved with the inclusion of this upgrade: Dust limits for all network participants are lowered from 1 DOGE to 0.01 DOGE.
The developers of the Dogecoin (DOGE) project have released a replacement update for the core software, which improves security, efficiency and computer program.
This latest update, Dogecoin Core 1.14.6, went live early Thursday, and every one the network participants were urged to upgrade to the most recent version. The new update comprises numerous security fixes, modifications to the prevailing fee structure and several other new features.
A change within the wallet backup directory’s configuration and a limit on the utmost number of addnode records also are among the “breaking changes.” the quantity of addnodes has been restricted to 800. a necessary upgrade to DOGE’s fee mechanism was included within the release: dust limits for all network participants are reduced from 1 DOGE to 0.01 DOGE.
Upgrades!
— Elon Musk (@elonmusk) July 21, 2022
In the event of congestion, the memory management of the network has been enhanced, in line with the Github paper. The document also reveals that the network now rejects buggy messages. Dogecoin Core developer Patrick Lodder wrote during a Github document that:
“This may be a new minor version release, including important security updates and changes to network efficiency. All Dogecoin Core users – miners, services, relay operators and wallet users – are strongly recommended to upgrade.”
The “Doge Army” was overjoyed by the announcement, with “Doge father” Elon Musk particularly tweeting: “Upgrades!” The Dogecoin creator Billy Markus subsequently shared the story on Twitter, adding, “new version of dogecoin core released.”
The upgrade comes on the heels of a recent spate of fine sentiment within the Dogecoin community, which saw the introduction of memes to the Dogeverse, spurring a big increase in network activity. The network processed over 80,000 transactions in 24 hours on Wednesday, for the primary time since May 2021 in the week as Whales still show interest.
80K+ Dogecoin Transactions in the last 24 Hours. 🕒👀 #Dogecoin pic.twitter.com/HCUxWu2Tyz
— MyDoge Wallet (@MyDogeOfficial) July 20, 2022
The dog meme token is extremely popular among Binance’s biggest whales. Following the most recent market rally, the network has seen a considerable increase in transactions worth over $100,000.
