DOGE to shrink? The storm in the currency circle is rising again! Hey, all crypto buddies! There has been big news in the DOGE community recently, where one of the founders, Billy Markus, dropped a 'big bomb' on the X platform - DOGE is going to implement deflation! This news is like a gust of wind, instantly causing a stir in the coin circle. What is deflation? Simply put, it means making money more valuable. Imagine before, you could buy a small cake for 10 dollars. After deflation, the same small cake may only cost 5 dollars, because the money has become more purchasing power. How does DOGE achieve deflation? Billy Markus said that developers need to perform magic in the mysterious code 'Magic Academy' on GitHub, and submit a magical change that can make DOGE deflationary. But that's not enough, DOGE is a big family, and all the old buddies in the community, as well as those who are busy mining day and night, need to agree. After all, this is the 'treasure' we all protect together, and the new rules need to be approved by everyone. What's the current situation with DOGE? There are approximately 146.78 billion DOGE circulating in the market now, and there will be 5 billion new DOGE created each year. However, although the annual increase is fixed, the rate of increase will slow down compared to the total amount, like a person who starts running fast but gradually gets tired, slowing down their pace. This is different from Bitcoin, which is like a limited edition super cake with a set number of slices. Once it's all cut, it's gone. On the other hand, DOGE theoretically is like a magical buffet with food continuously replenishing. However, Billy Markus also revealed a secret that even Bitcoin's rules are not set in stone and can be changed if agreed upon. This shows the wonders of the blockchain world, full of variables and possibilities. He boldly predicted that with DOGE's unique design, it might be more reliable than the fiat currencies printed by governments in the future! In any case, if Billy Markus's move succeeds, DOGE will undergo a transformation, from being 'generous' to 'extremely rare'. However, whether this can happen depends on the attitudes of the community and miners. Where will this deflationary adventure of DOGE lead? Let's wait and see. Perhaps in the near future, DOGE will astonish the entire cryptocurrency world with a brand new look!#榮譽積分新年抽獎,贏Macbook、周邊好禮 #AI16Z vs PEPE – 你更看好哪一個? #DOGE
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DOGE holders, pay attention!
DOGE to shrink? The storm in the currency circle is rising again!
Hey, all crypto buddies! There has been big news in the DOGE community recently, where one of the founders, Billy Markus, dropped a 'big bomb' on the X platform - DOGE is going to implement deflation! This news is like a gust of wind, instantly causing a stir in the coin circle.
What is deflation? Simply put, it means making money more valuable. Imagine before, you could buy a small cake for 10 dollars. After deflation, the same small cake may only cost 5 dollars, because the money has become more purchasing power. How does DOGE achieve deflation? Billy Markus said that developers need to perform magic in the mysterious code 'Magic Academy' on GitHub, and submit a magical change that can make DOGE deflationary. But that's not enough, DOGE is a big family, and all the old buddies in the community, as well as those who are busy mining day and night, need to agree. After all, this is the 'treasure' we all protect together, and the new rules need to be approved by everyone.
What's the current situation with DOGE? There are approximately 146.78 billion DOGE circulating in the market now, and there will be 5 billion new DOGE created each year. However, although the annual increase is fixed, the rate of increase will slow down compared to the total amount, like a person who starts running fast but gradually gets tired, slowing down their pace. This is different from Bitcoin, which is like a limited edition super cake with a set number of slices. Once it's all cut, it's gone. On the other hand, DOGE theoretically is like a magical buffet with food continuously replenishing. However, Billy Markus also revealed a secret that even Bitcoin's rules are not set in stone and can be changed if agreed upon. This shows the wonders of the blockchain world, full of variables and possibilities. He boldly predicted that with DOGE's unique design, it might be more reliable than the fiat currencies printed by governments in the future!
In any case, if Billy Markus's move succeeds, DOGE will undergo a transformation, from being 'generous' to 'extremely rare'. However, whether this can happen depends on the attitudes of the community and miners. Where will this deflationary adventure of DOGE lead? Let's wait and see. Perhaps in the near future, DOGE will astonish the entire cryptocurrency world with a brand new look!#榮譽積分新年抽獎,贏Macbook、周邊好禮 #AI16Z vs PEPE – 你更看好哪一個? #DOGE