Will Dogecoin Jump to Proof-of-Stake?

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The biggest crypto news and ideas of the day  Sept. 6, 2021 Sponsored by     Welcome to a special Labor Day edition of The Node. Today, I've collected some of my favorite recent CoinDesk articles for recommended long weekend reading.    If you were forwarded this newsletter and would like to receive it, sign up here.   Questions? Feedback? We'd love to hear from you! Simply reply to this email.    –Daniel Kuhn Recommended Reads WILL THE DOGE JUMP? When the people behind dogecoin, the famous dog-depicting cryptocurrency worth ~$40 billion, announced last month a reboot of the Doge Foundation with the addition of Ethereum inventor Vitalik Buterin as an adviser, it got tongues wagging in the crypto space. The reinstatement of the foundation formalizes development work on the cryptocurrency and suggests a specific future-proofing of the dogecoin roadmap when it comes to crypto mining. "DOGE is going to be exploring proof-of-stake (PoS), probably with some kind of parallel chain," a source with knowledge of the matter told CoinDesk. "But there's no ETA and some internal friction."   BRANDING THE METAVERSE: The metaverse, a virtual space generated by the convergence of virtual worlds, augmented reality and internet services, is coming, writes Boson Protocol's Holly Atkinson. No longer will the physical store be the focal point of sales – there will be opportunities for the real and digital worlds to interlink, creating a new experiential dimension for businesses and consumers. By revolutionizing the way humans interact, the metaverse will redefine what businesses are and how they should operate. Some companies (like Gucci and Burberry) are watching and learning. Those that don't will be left behind. NFTs & APP STORES: When news broke last week that Apple would be settling a class-action lawsuit brought by developers in 2019, crypto was nonplussed. But those who understood the momentous event realized the potential ramifications of the U.S. tech giant loosening its grip for various sectors across the blockchain industry, particularly as it relates to NFTs. Venture capitalist Mathew Ball wrote in a blog post in June that the main reason most crypto games and NFT platforms are solely browser-based and not packaged in iOS apps is because of Apple's restrictions on small developers. Will this now change?   ARE DAOs SOCIALIST? Dr. Paul Dylan-Ennis coins the term "venture commonism" to describe the new breed of venture capitalist entrepreneurs committed to contributing to the public good through DAOs. So are they libertarians or communists? Or do the old labels even fit?    –D.K. A message from Nexo When it comes to buying, borrowing or earning on your crypto, you won't find an easier, safer way to do it than Nexo.   And right now, with its Referral Program you can earn $10 worth of bitcoin for each friend you refer. And the best part – your referral gets $10 in BTC, too.   You can invite up to 100 friends – so you can get as much as $1,000 in bitcoin by copy-pasting a few links. And you can further bump that amount by earning up to 8% interest p.a. on your bitcoin, paid out daily.   Now is the time to unlock the full power of your crypto.   Join Nexo and start earning free BTC with your friends. Introducing Crypto for Advisors, a weekly newsletter built specifically for financial advisors (FAs) and registered investment advisors (RIAs).    Crypto for Advisors, delivered every Thursday, is designed to inform and educate financial professionals who seek to incorporate this rapidly moving asset class into their work. Subscribe today. Sponsored Content   Unique.One: Using NFT marketplaces for philanthropy   Many different potential use cases for non-fungible tokens (NFTs) have come to light in the last few years, including art, gaming, luxury ownership and collectibles. UniqueOne.Network (UON) has been exploring that since the launch of its marketplace Unique.One, which was created to give economic alternatives to artists around the world who have been affected by COVID-19 lockdowns.   A message from CoinDesk  Introducing Crypto for Advisors, a weekly newsletter built specifically for financial advisors (FAs) and registered investment advisors (RIAs).    Crypto for Advisors, delivered every Thursday, is designed to inform and educate financial professionals who seek to incorporate this rapidly moving asset class into their work. Subscribe to Crypto for Advisors today. The Chaser... The Node A newsletter from CoinDesk See Previous Editions Copyright © 2021 CoinDesk, All rights reserved.  250 Park Avenue South New York, NY 10003, USA You can manage your preferences here or unsubscribe from all CoinDesk email.