币圈科长

Dogecoin going deflationary? The crypto world is stirring again!

Hey, crypto friends! Recently, there’s been big news in the Dogecoin community. One of the founders, Billy Markus, dropped a ‘bombshell’ on X platform — Dogecoin is going to undergo deflation! This news hit like a whirlwind, instantly stirring up waves in the crypto world.

So, what is deflation? In simple terms, it makes money more valuable. Imagine, in the past, you could buy a small cake for 10 dollars, but after deflation, the same small cake might only cost 5 dollars because money has gained more purchasing power. How will Dogecoin achieve deflation? Billy Markus said that developers need to perform magic in the mysterious coding ‘magic academy’ called GitHub, submitting a magical change that leads Dogecoin towards deflation. But that’s not enough; Dogecoin is a big family, and the community members, along with those friends who are busy mining day and night, need to agree together. After all, this is a ‘treasure’ everyone protects, and the new rules need to be acceptable to all to count.