A recent survey shows most Dogecoin (DOGE) users would not prefer a PoS shift despite the government’s pressure on environmental impact.
The Dogecoin network had over 5.2 million addresses and facilitated more than 170 million transactions through Proof-of-Work consensus mechanisms as of Monday.
The leading meme coin backed by Tesla CEO Elon Musk, Dogecoin (DOGE), has thrived in the past partially due to its authenticity from its inception. As one of the oldest and top surviving digital assets with a capitalization of about $8.76 billion, Dogecoin enjoys a market dominance of about 0.8 percent. However, the Dogecoin future growth prospects could be at stake as some community members ponder on transitioning the network to a Proof-of-Stake (PoS) secured network, similar to Ethereum (ETH).
According to a recent X platform poll initiated by Marshall Hayner, CEO at Metallicus and Co-Founder of FBBT Holdings, approximately 40 percent of the Dogecoin community has no issue with PoS transiti

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