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Dogecoin Comes Into Spotlight as DOGE-backed Aliens Basketball Team Snaps Up Medals


u.today 17 July 2022 13:58, UTC
Reading time: ~2 m

Dogecoin once again stole the show as two members of the DOGE-backed Aliens basketball team snapped up midseason awards. 

Dogecoin became part of the Big3 basketball league as Bill Lee, founding chairman of MyDoge, a self-custodial Dogecoin wallet, bought all 25 fire-tier editions of Aliens, a team in Big3.

Two members of @MyDogeOfficial #Dogecoin sponsored @thebig3 team Aliens won mid-season awards. @DeStephenS23 won Defensive Player of the Year and Rick Mahorn won Coach of the Year! Make sure to cheer them & @MrBullutproof on tomorrow at 3pm ET on @CBS!https://t.co/trdQJz0AqY pic.twitter.com/Rn5vOOMPVh

— Dogecoin (@dogecoin) July 16, 2022

The Big3 league decided to sell 25 fire-tier NFTs in April, which granted new owners control of the Killer 3s' licensing, intellectual property (IP) and league-approved items.

As a result of the purchase, Big3 Aliens adopted Dogecoin, resulting in the integration of the MyDoge wallet, which allows players, coaches and teams to earn Dogecoin tips on Twitter with only a tweet. Aliens also prominently wore Dogecoin on their team jerseys in their most recent matches.

Dogecoin Core release launch nears

According to recent information shared on Twitter, the Dogecoin Core release 1.14.6 might launch soon as the release notes are currently in progress. The update hopes to include important security updates and changes to network efficiency.

Pupdate regarding #dogecoin Core release 1.14.6 👀 https://t.co/5WHmC4KAx1

— Dogecoin Developers (@dogecoin_devs) July 16, 2022

The Core release is also meant to include fixes that harden node and network security and also change the recommended dust limit for all participants of the Dogecoin network from 1 DOGE to 0.01 DOGE.

With a very low block interval, Dogecoin aims to give users an inexpensive way to make transactions. A dust disincentive was introduced in 2014 to fight on-chain spam.

Dogecoin Core incorporates some defaults into the software to reflect the developers' recommendations for fees and dust limits. These defaults, as of the time of release, represent the developers' best estimate as to the parameters of these limits.

Transactions with outputs below the dust limit are rejected by the wallet, and if the change output drops below 0.01 DOGE, the wallet will discard the change and instead give it to miners as a fee. Once sufficient numbers of miners and relay nodes have embraced the recently added relay dust limits, the recommended dust limit is anticipated to be reduced in a subsequent release.

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