{"id":153,"date":"2014-08-06T06:43:00","date_gmt":"2014-08-06T06:43:00","guid":{"rendered":"http:\/\/blog.holytransaction.com\/dogecoin-to-allow-litecoin-merge-mining\/"},"modified":"2023-01-08T14:22:02","modified_gmt":"2023-01-08T12:22:02","slug":"dogecoin-to-allow-litecoin-merge-mining","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2014\/08\/dogecoin-to-allow-litecoin-merge-mining.html","title":{"rendered":"Dogecoin to allow Litecoin merge mining in network security bid"},"content":{"rendered":"
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<\/div>\n
(CoinDesk<\/a>) The dogecoin<\/a> development team has announced that it will soon enable auxiliary proof-of-work (AuxPoW), allowing\u00a0merge-mining with litecoin<\/a> that will address concerns over the altcoin\u2019s future.<\/div>\n<\/div>\n
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AuxPoW enables the dogecoin<\/a> block chain to receive work from other scrypt-based networks. Dogecoin miners will still be able to generate blocks and receive DOGE, but now, litecoin miners will contribute hashing power to the dogecoin network.<\/div>\n<\/div>\n
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The move, announced on the dogecoin subreddit, follows a months-long period of community debate focusing on the question of long-term viability in the dogecoin network. Litecoin<\/a> creator Charlie Lee suggested the idea of merge mining in April<\/a>, eliciting mixed reactions from both sides of the conversation.<\/div>\n<\/div>\n
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According to the dogecoin development team, the AuxPoW integration will require a hard fork of the dogecoin wallet<\/a> block chain. No specific integration date has been given, but the development team said that testing will begin soon.<\/div>\n<\/div>\n
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As explained in the original announcement:<\/div>\n
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\u201cOur topmost priority has always been to provide a stable platform for the currency and its services and of course its users. We hope that with AuxPoW we can achieve that in a better way than what it currently is like. Our hashrate has been on a decline and we hope that we can gain more of it with the acceptance of proof of work from other chains.\u201d<\/div>\n<\/div>\n
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As expected, community members voiced both enthusiasm and concern for the AuxPoW plan. Yet, advocates for the strategy, including Lee, say that the move will ensure the stability and security of the dogecoin network.<\/div>\n<\/div>\n

Plan to save dogecoin<\/h2>\n
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AuxPoW is not new \u2013 several coins already enable work from other mining networks, with namecoin<\/a> being the most prominent example. This long-standing reputation as a workable proofing system \u2013 and the strength of the litecoin network \u2013 has gained the idea support in recent weeks.<\/div>\n<\/div>\n
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In a recent community post on \/r\/dogecoin<\/a>, Dogetipbot<\/a> creator Josh Mohland shared his perspective on the concept, saying that AuxPoW would help solve a key problem with dogecoin: the fact that it was never intended to function as a full-fledged transaction network.<\/div>\n<\/div>\n
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Mohland explained:<\/div>\n
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\u201cDogecoin was built to die quickly \u2013 none of us expected it to grow into the absurd entity it is today. With that said, there\u2019s absolutely an easy way to save the coin from its certain death (and by death I mean 51% attacked<\/a> for the lulz), and that\u2019s AuxPoW.\u201d<\/div>\n<\/div>\n
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He went on to call AuxPoW \u201ca simple change\u201d worth the trouble, owing to the fact that the risk of a 51% attack far outweighs perceived costs.<\/div>\n<\/div>\n
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Other community members expressed concern over the idea, saying that the move enables large litecoin pools to crowd out smaller dogecoin miners. Questions were also raised as to whether or not AuxPoW would actually help prevent a 51% attack.<\/div>\n<\/div>\n

Dogecoin in \u2018dire situation\u2019, says Lee<\/h2>\n
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Litecoin creator Lee hailed the announcement, telling CoinDesk that the development team made the right decision during a \u201cdire situation\u201d.<\/div>\n<\/div>\n
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Lee argued that the move comes at the right time given the long-term threat to the dogecoin network \u2013 and, as some have pointed out, its falling price. He added that the move provides increased security for dogecoin without any repercussions, removing a source of concern for the network and enabling broader development in the community.<\/div>\n<\/div>\n
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Lee told CoinDesk:<\/div>\n
<\/div>\n
\u201c[The community] can focus on what dogecoin does best (tipping, donations, wow) instead of worrying about defensive mining and network security.\u201d<\/div>\n<\/div>\n

Open your free digital wallet here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n","protected":false},"excerpt":{"rendered":"

(CoinDesk) The dogecoin development team has announced that it will soon enable auxiliary proof-of-work (AuxPoW), allowing\u00a0merge-mining with litecoin that will address concerns over the altcoin\u2019s future. AuxPoW enables the dogecoin block chain to receive work from other scrypt-based networks. Dogecoin miners will still be able to generate blocks and receive DOGE, but now, litecoin miners […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,241,405,434],"tags":[919,1065,1096],"yoast_head":"\nDogecoin to allow Litecoin merge mining in network security bid -<\/title>\n<meta name=\"description\" content=\"Stay up-to-date with HolyTransaction's blog: learn about Dogecoin's plan to improve network security by enabling Litecoin to merge mine on its network. 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