The number of transactions on the Dogecoin network reached a new record – Bits Media

The daily number of transactions in the Dogecoin network reached a historical maximum after the introduction of the new DRC-20 standard, which allows you to create NFT and other tokens in the blockchain of memeen cryptocurrency.

According to Bitinfocharts, 17 May was committed more 1 Mill of operations In the Dogecoin blockchain. Usually in the network of this cryptocurrency, it takes place about 20 000 transactions per day, However, the introduction of the DRC-20 tokens standard 9 May led to an immediate increase in network activity.

The DRC-20 protocol was created according to the ERC-20 model for the Ethereum and allows you to create tokens "on top" of the blockchain. Despite a sharp increase in the number of transactions, Not everyone likes the deployment of the DRC-20 token token. Critics note, that the DRC-20 can lead to a network overload and that it leaves the purpose of using Dogecoin.

"The Dogecoin DRC-20 community should stop this shameless hype", - wrote one of the members of the Dogecoin community on Twitter.

DOGE - Favorite cryptocurrency Ilona Mask (Elon Musk). He has repeatedly contributed to the growth of Dogecoin with his messages and statements, and even temporarily put the DOGE image on Twitter's logo. Earlier in May, digital artist Johnny Shenkman (Johnny Shankman) posted on Twitter video, on which the process of creating a new Easy_money token is captured in total 27 seconds.