Dogecoin (DOGE) Will Lower Its Dust Limit To 99%

54 sec read

Dogecoin (DOGE) is rolling out an upgrade offering “important security updates and changes to network efficiency.”

Dogecoin developer Patrick Lodder says the upgrade will lower the meme coin’s recommended dust limits by around 99%.

“This release changes the recommended dust limit for all participants on the Dogecoin network from 1 DOGE to 0.01 DOGE.”

Dust limit is the lowest amount an address requires to use a crypto network.

According to the Dogecoin developer, the dust limit was imposed eight years ago to fight the biggest threat that Dogecoin faces – spam.

“The Dogecoin chain has a relatively low block interval, 1-megabyte blockspace and aims to provide a cheap means for people to transact. Therefore, the biggest threat to the Dogecoin chain as a whole is spam and in 2014, a transaction fee and dust disincentive were introduced, to combat on-chain spam.”

Other fixes Dogecoin has introduced are security-related, including getting rid of the largely unused peer-to-peer alert system and disabling alert messages.

Dogecoin also says the upgrade will make the management of computing resources, especially during instances of high traffic, more efficient and resilient.

“Significantly reduce the impact of peers that withhold transaction information (accidentally or otherwise) in the announcement stage, before the transaction is mined, by enforcing strict controls, limits and timeouts on all transaction announcements and giving preference to outgoing connections when deciding which peer to request transaction information from.

This improves the resilience of the entire network and improves reliability of transaction relay throughout.”


Via this site