Elon Musk, the CEO of Tesla, took to Twitter to express his backing for Billy Markus, the co-founder of Dogecoin, in his effort to allow community members to operate their individual nodes. Markus notes in his tweet, which has earned the thumbs-up emoji from the tycoon, that nodes are vital since they are in charge of verifying transactions and maintaining the blockchain up to date with new operations.
“I intended to write something a little more subtle regarding Dogecoin Nodes, so please bear with me as I do so. The importance of nodes cannot be overstated. They are responsible for keeping the network running, validating transactions, and keeping the blockchain current. It’s a good idea to upgrade to version 1.14.4 because it will result in cheaper transaction costs. ” – Shibetoshi Nakamoto (@BillyM2k), October 13, 2021. He is pushing members of the Dogecoin ecosystem to install the 1.14.4 Dogecoin patch to reduce transaction costs.
In response to Markus’s quip about individuals who do not operate their own nodes, Musk answered with the “hundred points sign” emoji on his phone. Earlier, the renowned billionaire stated that it was “very crucial” for Dogecoin costs to be reduced for the meme coin to become a sustainable payment mechanism for businesses.
Musk finally followed the Dogecoin co-founder on Twitter after months of engaging with his account on the world’s most popular social media platform. Markus joked that he would refrain from sending out obnoxious tweets now that the CEO of Tesla was following him.
Musk also responded to a parody about the Dogecoin movement that was prompted by the much-hyped South Korean interesting series “Squid Games,” which has already become Netflix’s largest premiere hit with the famous laughing sobbing emoji. Following the posting of a photo of his puppy named Floki by the world’s richest man earlier this month, many believe it was the impetus for a significant surge in Dogecoin counterpart Shiba Inu’s price.