Born in 20 13 12.8, Dogecoin is an Australian brand and marketing expert Jackson.

Palmer and Palmer, a programmer in Portland, Oregon, USA, are the creators of dogecoin.

Doge was originally a lovely Japanese Shiba Inu.

Inu).Dogecoin currency code is doge, symbol is d, and work proof script is adopted.

Algorithm.

Compared with other cryptocurrencies, dogecoin's transaction confirmation time is faster: 1 minute; There is no upper limit on the total amount of dogecoin, which will reach 654.38+00 billion around July 2065.438+05, and will generate 5.2 billion dogecoin every year thereafter.

Dogecoin has a unique community culture, and the stone shells here are kind and generous, enjoying this harmonious atmosphere happily. The charitable behavior of Dogecoin community is widely praised in the society and has an unparalleled culture of community return.

The development of dogecoin has been popular all over the world so far, and it has become a high market value within two weeks after its appearance.

8 million dollars, the seventh largest cryptocurrency in the world.

Dogecoin is similar to Litecoin: both are based on Scrypt.

Algorithm, and the transaction is more convenient than bitcoin-Dogecoin's confirmation time is only 1 minute.

In the first year, 654.38+00 billion yuan was dug in dogecoin, and 5 billion yuan was dug every year thereafter. In addition, dogecoin also has an auxiliary mining mode, which largely solves the security problems in dogecoin.

Dogecoin has become a heavyweight currency in the field of tipping one week after its launch, ranking the second largest tipping currency. Users pay tips through dogecoin, which means that more investors are accepting the changes of cryptocurrency to their lives.

Extended data:

Reasons for the rapid development of dogecoin:

First, in addition to the advantages of DoCoIN itself, the development of DoCoIN caters to the times. As a kind of electronic cash based on blockchain technology, DoCoIN has a brand-new decentralized system, which greatly increases the charm of DoCoIN.

However, compared with bitcoin, the cost of miners' fees for bitcoin transfer is too high, and the miners' fees are even as high as several hundred yuan when the network is congested during peak hours, so it is difficult to realize the application in daily payment.

Second, the circulation of dogecoin and the speed of transfer confirmation are suitable for the development needs of today's times. The circulation of bitcoin is 2 1 ten thousand. Although it seems quite a lot at first glance, if it is distributed to billions of people all over the world, the amount that each person can control is very, very small.

Unlike Doecoin, Doecoin's circulation is about 654.38+000 billion, neither too much nor too little, just right. Enough to provide people with support in daily life.

In addition, fast transfer confirmation is also an advantage of dogecoin over Bitcoin. Under the combined action of these two factors, dogecoin will have a greater application prospect.

Third, as a relatively "civilian" currency, dogecoin can be easily obtained by everyone, and the price is not very high, and it is widely used. Such a "grassroots" culture has been greatly welcomed by the public.

Besides, dogecoin conforms to the trend of the times. People use dogecoin more conveniently and quickly. Can be applied to all aspects of real life.

Baidu encyclopedia -dogecoin

The reasons for the success of dogecoin, a new media of Shanxi Daily.