The Bitcoin Inscriptions craze is spreading to Dogecoin. The number of transactions that the Dogecoin blockchain has had to process in the last few days have risen to an all-time high, mainly due to the new DRC20 token standard.
DRC20 tokens on Dogecoin are an experimental token standard that works similarly to the minting and transfer of fungible tokens via the Ordinals protocol on the Bitcoin blockchain. Technically, this is possible because Dogecoin was created by inventor Billy Markus forking Lucky Coin, which is itself a fork of Bitcoin.
Dogecoin Transactions Surpass All-Time High By 3x
In the last 7 days, the number of transactions recorded on the Dogecoin blockchain have skyrocketed. Before the DRC20 token standard was created, the Dogecoin network recorded no more than 23,754 transactions per day throughout May, according to data from BitInfoCharts. Last Saturday, May 13, Dogecoin saw a staggering 628,209 transactions.
To put that in perspective: The highest number ever recorde
We współpracy z: https://www.newsbtc.com/news/dogecoin/dogecoin-records-ath-transactions-drc20-madness/
