New Dogecoin Core Update Goes Live: What You Need To Know

The new Dogecoin DOGE/USD Core1.14.6 update includes security and efficiency upgrades to the underlying blockchain.

What Happened: Dogecoin developers released the blockchain update late on Wednesday and urged all network participants to upgrade to the latest version.

The update fixes multiple security-related issues, makes changes to the existing fee structure, and incorporates several new features.

See Also: How To Buy Dogecoin (DOGE)

Some of the “breaking changes” include changes to the configuration of a wallet backup directory and a limit on the maximum number of addnode records. The maximum number of addnode records has been limited to 800.

The release also contains an important upgrade to DOGE’s fee mechanism — changing the recommended dust limit for all network participants from 1 DOGE to 0.01 DOGE.

New features include improving stuck transaction detection, pruning configuration to UI and managing the number of connections without a restart.

“All Dogecoin Core users - miners, services, relay operators and wallet users - are strongly recommended to upgrade,” said Dogecoin Core developer Patrick Lodder in a Github document.

Earlier today, DOGE’s price briefly surged after Tesla Inc TSLA CEO Elon Musk revealed that the company had not sold any DOGE despite selling 75% of its Bitcoin BTC/USD holdings.

Price Action: According to data from Benzinga Pro, DOGE was trading at $0.069, up just 0.84% over 24 hours.

Read Next: Bitcoin, Ethereum Flat, Dogecoin Among Top Gainers: Why This Analyst Says Tesla's Apex Coin Sale Implies Crypto Bottom Is Close

Photo by mk1one on Shutterstock

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyNewsMarketsBitcoindogecoinDogecoin CoreElon MuskPatrick Lodder
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...