Can Dogecoin's Potential Be Unleashed By LibDogecoin 0.1.13? Developers Hint At New 'Building Blocks' By Benzinga

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Can Dogecoin's Potential Be Unleashed By LibDogecoin 0.1.13? Developers Hint At New 'Building Blocks'

Published May 17, 2023 06:13 Updated May 17, 2023 07:40

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Can Dogecoin's Potential Be Unleashed By LibDogecoin 0.1.13? Developers Hint At New 'Building Blocks'

Benzinga - Dogecoin (CRYPTO: DOGE) developers on Tuesday hinted at the next release for LibDogecoin version 0.1.3, the building block for direct integration of DOGE into various platforms.

What Happened: The previous version, 0.1.2, was released in March last year and the upcoming release is expected to have new features.

According to Michi Lumin, a Dogecoin Core developer, LibDogecoin 0.1.3 could make use of encryption hardware and secure enclaves to store keys. This means that users’ machines could become hardware wallets, offering enhanced security compared to storing sensitive data in a text file on a drive.

some neat teasers for libdogecoin 0.1.3 coming soon — the ability to use onboard encryption hardware / secure enclaves to store keys. Basically making your machine into a hardware wallet. Pros and cons to be debated, sure, but a lot safer than a text file on your drive. pic.twitter.com/ghDAr0elUC
— Michi Lumin (@michilumin) May 15, 2023

For the uninitiated, LibDogecoin is a tool used by developers to make it easier to use and integrate Dogecoin into different platforms. It’s kind of like a “building block” that makes it simpler for software to interact with Dogecoin wallet. The upcoming release of LibDogecoin 0.1.3 is expected to introduce new features that could enhance security and speed up transactions.

See More: The Art Of The Future: Lisa Ray’s TheUpsideSpace Bring NFTs To Center Stage

Why It Matters: Inevitable360, another Dogecoin developer, hinted at an “SPV node” feature that would increase speed without requiring the Dogecoin Core Wallet.

Testing #LibDogecoin 0.1.3 Development Branch that @EdTubbs & @KBluezr are working non-stop, specially the #spvnode that will be a faster $Doge Node without the need of the #Dogecoin Core Wallet. This is really awesome. The future will be really cool and more decentralized

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