Ethereum’s Vitalik Buterin Makes Another Donation to Dogecoin Foundation

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Alex Dovb­nya

The Doge­coin Foun­da­tion has received anoth­er dona­tion from Ethereum co-founder Vita­lik Buterin 

Ethereum co-founder Vita­lik Buterin has donat­ed 20 mil­lion Doge­coin (DOGE) to the Doge­coin Community.

At press time, the cryp­tocur­ren­cy is trad­ing at $0.085, accord­ing to data pro­vid­ed by CoinGecko

It is yet to be announced how the dona­tion will be used by the non-prof­it organization. 

This is not the first con­tri­bu­tion made by Buterin. As report­ed by U.Today, the foun­da­tion received 500 Ethereum (ETH) from the Cana­di­an programmer. 

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Last August, Buterin joined the foundation’s advi­so­ry board togeth­er with Neu­ralink CEO Jared Birchall.

The non-prof­it orga­ni­za­tion, which was orig­i­nal­ly estab­lished in 2014, was relaunched last year after the meme cryp­tocur­ren­cy expe­ri­enced a mas­sive uptick in popularity. 

In Sep­tem­ber, after Ethereum suc­cess­ful­ly imple­ment­ed the much-antic­i­pat­ed Merge upgrade, Buterin sug­gest­ed that Doge­coin should become the next cryp­tocur­ren­cy to move to the proof-of-the-stake con­sen­sus algo­rithm. As of now, the joke cryp­tocur­ren­cy remains the sec­ond-biggest proof-of-work cryp­tocur­ren­cy (behind only Bitcoin). 

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