Dogecoin Fee-Reduction Upgrade Is Now Live, Dubbed as Core 1.14.5
- Dogecoin’s low fee upgrade Core 1.14.5 is now live.
- Core 1.14.5 is here to reduce high transaction fees and improve security on the DOGE network.
- Tesla (NASDAQ:) CEO Elon Musk is happy about the development.
With meme coins on the move, the team behind (DOGE) just completed rolling out their fee reduction upgrade on transactions on top of the DOGE blockchain. The upgrade is called Core 1.14.5 which is now live for users aiming to buy Dogecoin and pay a low fee.
As the community is jumping and shouting at the update about the upgrade, users are recommended to be aware of it as there are going to be important security fixes. As brought by the upgrade, at the moment, the recommended block fee limit for transactions has been set at 0.01 DOGE per KB in the core wallet. In essence, this follows the relay fees in 1.14.4.
Eventually, the 0.01 DOGE per KB has been set mainly as a default fee for all on-chain transactions from now on. As said, security fixes and performance improvements are also a top priority along with this release. This makes it a requirement for wallet users and node operators.
#Dogecoin Core 1.14.5 is out! Users are recommended to update immediately due to important security fixes. 1.14.5 reduces the recommended fees, following the reduction of the relay fees in 1.14.4. You also get bug fixes and performance improvements. https://t.co/39RN3V6eeN
— Mishaboar (@mishaboar) November 8, 2021
In fact, with this milestone development, one of Dogecoin’s main active voices, Elon Musk is very happy. He replied with the tweet with an “important” comment that seems like an endorsement for the Core 1.14.5 upgrade.
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