Why Laika?

Dogecoin while being one of the older blockchains based on Bitcoin, struggles with the issues which are present in all of the blockchains that are derived from Bitcoin. These include high computational power for Proof Of Work, Reorganizations, slow transaction confirmation times and importantly inability to process high volume of transactions efficiently, and no support for complex smart contracts. While Dogecoin tries to increase amount of transactions and reduce network congestion with the use of smaller block times , it increases the chances of Reorganizations. Standards like Inscriptions and others due to this constant reorganizations are slow and possibly sometimes even unsecured due to ever growing dependence on centralized indexers to process and interpret the blockchain data, this can lead to different interpretations of the data on the blockchain and lead to inconsistencies between different indexers in adverse cases. Even with inscriptions the level of decentralized applications offered by Ethereum and other chains cannot be achieved directly on the Dogecoin Blockchain. To tackle the aforementioned issues an L2 is a well suggested option. L2 allows transactions to be executed, smart contracts to be created on a Layer 2 Blockchain separately from the underlying Dogecoin chain, while the proofs of all the blocks/transactions on L2 is periodically written on the Dogecoin Blockchain. Layer 2 allows users to transact faster, securely and efficiently than on the underlying Layer 1 chain and still receive all the protections that the L1 chain has to offer. Layer 2 solutions allow all the computations to be processed in a separate chain (the L2 network) , and the proofs to be stored on the L1 chain, this makes the network reliable and also makes sure that the L2 network stays secure and each transaction and block can be proven through data on the L1 chain. Layer2 networks have been successfully deployed on Ethereum multiple times, with the most popular one being Polygon. L2's don't try to compete with the L1 chains but rather add utility and help more users to use the underlying coin and the blockchain. Laika tries to do the same with Dogecoin, by aiming to provide more value to Dogecoin Blockchain, as Polygon did to Ethereum.