Cardano Founder Proposes Dogecoin Upgrades for X Integration

Charles Hoskinson, the founder of Cardano, has recently hinted at plans to enhance Dogecoin’s functionality for integration as a payment option on X, the platform formerly known as Twitter. In a tweet on Tuesday, Hoskinson addressed Elon Musk, proposing improvements to Dogecoin’s code to optimize it for transactions on the platform. He suggested key technical upgrades, including sharded proof-of-work for efficiency, state channels for low-cost payments, and secure smart contracts on eUTXO. Hoskinson also mentioned the possibility of adding quantum resistance to the cryptocurrency, emphasizing the importance of decentralized governance.

The proposal quickly gained traction, prompting a response from the Dogecoin team, which encouraged Hoskinson to present his proposal to the network operators. While Hoskinson reiterated that he does not hold Dogecoin, his idea aligns with Musk’s well-documented support for the meme-based cryptocurrency. Musk has shown persistent interest in Dogecoin’s development and its potential integration into X’s financial ecosystem. In May 2021, Musk announced that he was collaborating with Dogecoin developers to improve the cryptocurrency’s transaction efficiency, highlighting his commitment to enhancing its functionality. Later that month, he encouraged the public to contribute to the project by submitting ideas on GitHub and the Dogecoin subreddit, further supporting its development.

Musk’s support for Dogecoin extended to X’s financial ambitions. In December 2022, he suggested that Dogecoin could be used for premium X subscriptions, stating, “I will keep supporting Dogecoin.” In February 2023, reports indicated that Twitter was developing a payment system, and Dogecoin’s price surged following these announcements. A biography published in 2023 also revealed that Musk had been “quietly funding the development” of Dogecoin, though details remain scarce. However, by mid-2024, it was reported that the planned payment system would not include cryptocurrency integration, disappointing Dogecoin enthusiasts.

In January 2025, X Payments rebranded as X Money, but no confirmation was given regarding Dogecoin integration. Instead, X CEO Linda Yaccarino announced a partnership with Visa to launch a digital payments system under the same name, expected to roll out later in the year. Despite the lack of official confirmation, speculation continues about Dogecoin