As a popular meme coin, Dogecoin is about to usher in the release of Dogecoin Core 1.14.8, bringing major security updates. This update is designed to improve the repeatability of the compilation process and enhance network security and reliability.
According to the "junior developer", Dogecoin Core 1.14.8 has been tested by multiple developers and verified the repeatability of the compilation process. This means that multiple developers can reliably replicate the output of the compilation process, thereby improving the security of the software.
The Dogecoin core client is critical to network functions, including participating in the network, verifying and relaying transactions, and saving user keys. The junior developer emphasized that it is very important to ensure the repeatability of the core client because users must trust those who cannot audit every line of code. This may bring the risk of exploitation, expose the user's private key or identity, cause network congestion or be completely taken over.
To address these risks, the Dogecoin core team improves transparency and security by ensuring that multiple developers can reproduce the same output when entering the same code and dependent libraries. The move is intended to create a transparent and secure development process and enhance trust within the community.
On August 2, the price of Dogecoin fell 2.5% and closed at $0.1131. Despite the price drop, Dogecoin still holds 62% of the market share in the memecoin market.
According to data, the total market value of memecoin has dropped by 21.5% in the past 10 days, from $54.7 billion on July 22 to $42.9 billion on August 2.
This security update is expected to improve the overall security of the Dogecoin network and reduce the risks posed by potential vulnerabilities. As the crypto market fluctuates, Dogecoin's continued improvements will support it in maintaining its advantage in the highly competitive memecoin market.
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