Dogecoin Foundation Exec Addresses Rumors Of 51% Attack To Takeover The Network

Dogecoin Basis government Timothy Stebbing has spoken out to handle rumors a few potential 51% assault geared toward taking on the Dogecoin community, making it clear that the venture shouldn’t be beneath risk on this means, and such claims are deceptive. Stebbing burdened that Dogecoin remains strong as a result of it’s constructed on decentralization and guided by the need of the neighborhood, rejecting the concept there’s any central management or hidden plan.

Stebbing Helps Dogecoin’s Decentralized And Honest Method

Pointing to the values of open debate and shared decision-making, Stebbing stated the concept is straightforward: “no person is in management, and everyone seems to be in management.” For him, this isn’t solely the way in which the community works but in addition the way in which the neighborhood ought to function. He desires the Dogecoin network to stay a spot the place concepts compete pretty, the place nobody particular person’s affect can outweigh the voice of many, and the place one of the best concepts rise as a result of they’re useful and trustworthy. 

Stebbing additionally described how the neighborhood could make choices by “voting with their ft.” In follow, because of this anybody can select to assist or ignore new developments, and the venture will naturally comply with the route that gains the most support. For him, it’s not about management however about collective motion and freedom of selection in shaping Dogecoin’s future.

Admitting that not everybody helps this path, he famous that some people within the crypto area choose to maintain Dogecoin unchanged. He even accused exterior voices of attempting to make sure Dogecoin stays a “non-competitive” project so it doesn’t threaten greater cryptocurrencies. For Stebbing, such actions go towards the spirit of decentralization and openness that Dogecoin protects.

Pushing DOGE Basis’s Innovation Regardless of Resistance

His dream is for Dogecoin to become a global currency, a “technique of alternate” usable in actual shops for actual funds at lightning pace. Stebbing and the Dogecoin Basis created dogebox.org, a custom-built system, nearly like its personal working platform, to offer customers with a decentralized area to construct, take a look at, and share concepts straight. As a substitute of counting on a number of builders to make choices, dogebox.org permits many individuals to discover completely different approaches concurrently. 

However even after launching dogebox.org, Stebbing admitted that resistance has not gone away. Each time he discusses new concepts, the identical critics launch assaults, accusing him of getting dangerous intentions or claiming his concepts are harmful. For him, the actual spirit of Dogecoin comes from the individuals who create and contribute to the community’s creativity every day. 

He stated that rumors of a 51% attack could scare some individuals, however they can’t take away the power of decentralization and the fervour of the neighborhood. For Stebbing, the future of Dogecoin is still bright, and the community continues to push innovation, combat towards central management, and maintain onto the guiding rule: “Do Solely Good Each Day.”