Dogecoin Upgrades a Feature Designed to Counter DOGE’s “Greatest Threat” July 23, 2022
Dogecoin (DOGE) is launching an upgrade with “critical security upgrades and network efficiency optimizations.”
According to Dogecoin creator Patrick Lodder, the improvement would reduce the suggested dust limits by around 99 percent.
This update lowers the recommended dust limit for all Dogecoin network members from 1 DOGE to 0.01 DOGE.
The dust limit is the minimum quantity of dust required for an address to utilize a crypto network. According to the Dogecoin creator, the dust limit was implemented eight years ago to combat Dogecoin’s main threat: spam.
The Dogecoin chain features a relatively short block interval, a one-megabyte blockspace, and tries to offer a low-cost method of transaction. Therefore, spam is the greatest danger to the Dogecoin network. In 2014, a transaction fee and dust disincentive were implemented to counteract on-chain spam.
Other security-related enhancements implemented by Dogecoin include removing the mostly underutilized peer-to-peer alert mechanism and deactivating alarm notifications.
Dogecoin further claims that the improvement will make the administration of CPU resources more efficient and robust, particularly during periods of heavy demand.
“Substantially decrease the effect of peers who withhold transaction information (accidentally or otherwise) at the announcement stage, before the transaction being mined, by implementing rigorous restrictions, limits, and timeouts on all transaction announcements and giving precedence to outgoing connections when determining which peer to seek transaction information from.
This enhances the robustness of the whole network and the dependability of transaction relay across the board.”