LIVECOINTURK NEWS > Dogecoin (DOGE) > Dogecoin Network Hits New Peak in Transfer Activity
Dogecoin community leader Tdogewhisperer reports 1.9 million transfers.
Record transfers largely due to images minted via Blockchain inscriptions.
Concerns rise over the growing file size limit on Dogecoin Blockchain.
Technology, science, ai, gaming, business and finance news: Newslinker.co
Dogecoin (DOGE) community’s prominent figure Tdogewhisperer announced on their personal X account that the largest memecoin has reached a new peak in transfer activity. Tdogewhisperer reported that 1.9 million transfers have been made on the Dogecoin network in the last 24 hours.
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New Peak in Dogecoin Network Transfers
Tdogewhisperer shared from their personal X account that the Dogecoin network has reached a new peak with 1.9 million transfers. The leading figure of the Dogecoin community mentioned that this record was mainly achieved through images minted via inscriptions on the Blockchain. It is known that the outputs provided by the inscription protocol that allows image minting on a Blockchain often inflate the networks. Despite the high figures reflected in the metrics, the outputs provided by the inscription protocol do not have a real use case.
Tdogewhisperer wrote that there has been a rapid increase in the size of a file that can be transferred on the Dogecoin Blockchain, reaching 110 GB. They highlighted that if this increase continues, it could limit users’ ability to run their own nodes. This situation would make hosting a single node more expensive and slow down the entire network when used for something more valuable than image transfers.
The majority of users see DOGE as a currency and use it for that purpose (not for sending files or writing images via the network), so keeping the Blockchain operational and hosting nodes should be easy.
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