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May 2021, Alex Mashinsky of Celsius Network—a lending protocol—speculated that Dogecoin (DOGE) will transition to proof-of-stake (PoS) within two years to make it more appealing. Fast-forward to last Christmas, and the Dogecoin Foundation published a proposal to do just that. Dubbed “Community Staking,” the proposal would make the cryptocurrency free from energy-intensive proof-of-work consensus.