Ethereum's founder, Vitalik Buterin, has a different opinion than his colleague on the future of Dogecoin.

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Ethereum co-founder Vitalik Buterin is helping the Dogecoin Foundation migrate to an even more stable, secure consensus method.

Vitalik Buterin is the driving force behind the ETH 2.0 update.

The major update aims to migrate the second-largest crypto asset in the world from the current proof-of-work (PoW) model to proof of participation (PoS).

10,000 DOGE have already been created.

Compared to other models that can only be realized with a large amount of electricity, the PoS is much more efficient.

There is a debate going on about the environmental impacts of Bitcoin mining and the minting of NFTs on the Ethereum network.

DOGE continues in a strong downtrend despite the changes. Currently, the coin meme is trading at $0.14, 80% below its record price of $0.73.