Are there any benefits of Dogecoin ‘merged mining’ in face of upcoming block halving?

The cryptocurrency market has been rife with developments and updates from almost every sector in a bid to ensure the digital asset industry goes mainstream. Binance, the Changpeng Zhao-led cryptocurrency exchange has been making news for quite some time now and the latest research from the organization touched on the latest upgrades within popular cryptocurrencies.

In the research titled ‘Case Study: Merged Mining in Dogecoin and Litecoin’, the organization talked about whether the merged mining technique followed by Dogecoin and Litecoin actually provided increased security for smaller Proof of Work [PoW] blockchains. Binance stated:

“Given that block mining rewards are halved every four years for both Litecoin and Bitcoin, merge-mining could potentially become a…

What do you think?

0 points
Upvote Downvote

PR: Matrix Exchange Receives Approval From Abu Dhabi Global Market

Wells Fargo Doesn’t Allow Cryptocurrency Transactions