The developers of the Dogecoin (DOGE) project have released a new update to the core software that improves security, efficiency, and user interface.
This latest update, Dogecoin Core 1.14.6, went live early Thursday and urges all network participants to upgrade to the latest version. The new update includes numerous security fixes, modifications to the existing fee structure, and several new features.
Changes to the wallet backup directory configuration and a limit on the maximum number of addnode records are also among the “breaking changes”. The number of addnodes has been limited to 800. The release includes an important upgrade to the DOGE fee mechanism: the dust limit for all network participants has been reduced from 1 DOGE to 0.01 DOGE.
— Elon Musk (@elonmusk) July 21, 2022
According to the GitHub paper, the network’s memory management has been enhanced in case of congestion. The document also shows that the network is now rejecting error messages. Dogecoin Core developer Patrick Lodder wrote in the GitHub documentation:
“This is a new minor release that includes important security updates and network efficiency changes. All Dogecoin Core users – miners, services, relay operators and wallet users – are strongly encouraged to upgrade.”
The Governor General was overjoyed at the news, with “Father of the Governor” Elon Musk specifically tweeting: “Upgrade!” Billy Marcus, creator of Dogecoin, later shared the story on Twitter, adding, “New version of Dogecoin Core released.”
Related: Ankr Network 2.0 Upgrade Aims to Improve Web3 Decentralization
The upgrade comes on the heels of a recent spate of good sentiments in the Dogecoin community, which saw memes introduce the Dogeverse, spurring a significant increase in network activity. The network processed more than 80,000 transactions in 24 hours on Wednesday for the first time since May 2021, as whales continued to show interest.
80K+ Dogecoin transactions in the last 24 hours. #Dogecoin pic.twitter.com/HCUxWu2Tyz
— MyDoge Wallet (@MyDogeOfficial) July 20, 2022
The dog meme token is very popular among the biggest whales on Binance. Following the recent market rally, the network has seen a significant increase in transaction volume, valued at over $100,000.