The Dogecoin Foundation Unveils “Project Sakura” to Increase the Scalability of Dogecoin

The Dogecoin Foundation has announced a significant update to its development strategy, unveiling “Project Sakura.” This upgrade of the protocol seeks to

The Dogecoin Foundation has announced a significant update to its development strategy with the unveiling of “Project Sakura.” This protocol upgrade will seek to boost Dogecoin's performance by increasing its block time and block size tenfold. The upgrade also aims to maintain maximum decentralization, sparking curiosity and discussion within the Dogecoin community.

On Thursday, the Foundation also announced its “Plan Regarding X,” which outlines a three-phase strategy to drive Dogecoin adoption. The first phase, which has been completed, focused on open development tools.

This included the development of “lib dogecoin” and multi-language bindings, making it easier for more developers to work on DOGE projects. The Foundation also highlighted the growth in the number of developers within the Foundation and the wider Dogecoin community.

The second phase is aimed at enabling more businesses to accept Dogecoin and catering to the unbanked population. Currently 90% complete, this phase includes major products like the GigaWallet Payment Gateway and e-commerce plugins.

These tools are designed to help integrate DOGE as a usable currency for commerce, enhancing the transaction experience for both merchants and customers. Additionally, other applications like Radio Doge and Dogebox OS are being developed to further expand Dogecoin's use cases.

Community Reacts to Project Sakura Announcement

The third phase, which is only 10% complete, involves boosting Dogecoin's scalability through Project Sakura. The ultimate goal is to enable Dogecoin to handle a higher volume of transactions without compromising the cryptocurrency's decentralization. This upgrade will include increasing the block speed and size tenfold, significantly boosting the cryptocurrency's capacity.

The unveiling of Project Sakura has garnered attention within the Dogecoin community with prominent Doge personalities, including Doge Whisperer and Sir Doge of the Coin, eagerly awaiting more details on the project and demanding answers from X. Both personalities have reached out to X, seeking further clarity on what the “Proof of Doge” protocol upgrade entails and how it will shape Dogecoin's future.

While the Foundation has yet to provide in-depth information on the project, they have emphasized that Project Sakura is a community-driven initiative, adhering to the spirit of Dogecoin. The DOGE Foundation assures that the upgrade will prioritize Dogecoin's sustainable development without central control from the Foundation or lead.

GigaWallet Helps Businesses Integrate Dogecoin

Apart from Project Sakura, the Dogecoin Foundation has continued to drive efforts to enhance Dogecoin's usability and merchant integration. One notable product in this regard is the GigaWallet, which is being marketed as a business-grade solution for implementing Dogecoin acceptance on websites.

As an open-source project, GigaWallet features a node and API that streamline the process for businesses to engage in Dogecoin transactions. This aligns with the broader Dogecoin goal of becoming a preferred payment method for both businesses and individuals, offering a simple and efficient way to conduct transactions.

Other applications being developed under the second development phase include Radio Doge and Dogebox OS, which aim to add to the network's infrastructure and provide more efficient and scalable solutions for payment processing, financial inclusion, and developer tools.