Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.How Do You Mine Dogecoin?
Dogecoin differs from Bitcoin's proof-of-work protocol in several ways, one of which is by using Scrypt technology. The altcoin has also a block time of 1 minute, and the total supply is uncapped, which means that there is no limit to the number of Dogecoin that can be mined. You can mine Dogecoin either solo, or by joining a mining pool. A Doge miner can mine the digital currency on Windows, Mac or Linux, and with a GPU. As of 2014, you can also mine Litecoin in the same process of mining Dogecoin, as the processes were merged.What Can Dogecoin Be Used For?
Dogecoin has been used primarily as a tipping system on Reddit and Twitter to reward the creation or sharing of quality content. You can get tipped Dogecoin by participating in a community that uses the digital currency, or you can get your Dogecoin from a Dogecoin faucet. A Dogecoin faucet is a website that will give you a small amount of Dogecoin for free as an introduction to the currency, so that you can begin interacting in Dogecoin communities.How Can You Buy Dogecoin?
You can sell or buy Dogecoin at any exchange that offers the digital currency, store it on an exchange or in a Dogecoin wallet, and tip Dogecoin in any communities that accept Dogecoin. For the latest list of exchanges and trading pairs for this cryptocurrency, click on our market pairs tab.Dogecoin Foundation and Board of Advisors
In 2014, a not-for-profit foundation was formed by members of the Dogecoin team to provide support, advocacy, trademark protection and governance for the cryptocurrency project. However, the foundation was dissolved over time.
After several years of being inactive, the foundation was relaunched in 2021 with a “renewed focus on supporting the Dogecoin Ecosystem, community and promoting the future of the Dogecoin Blockchain.” In addition to some of the original core team, the project now has some seasoned industry players as part of its board of advisors.
According to the foundation’s website, members of the board will meet monthly to discuss issues relating to Dogecoin.
In regards to its advisors, the group is made up of Dogecoin founder Billy Markus, the project’s core developer Max Keller, Ethereum founder Vitalik Buterin and Elon Musk as represented by the head of the Musk’s family office, Jared Birchall.
Members of the Board of Advisors will function in various capacities. While Keller will serve as the project’s technical advisor, Markus will be in charge of the community and memes. Meanwhile, Buterin will function as the blockchain and crypto advisor for the foundation, and Birchall will represent Elon Musk as legal and financial advisor.
As a first assignment, the Board of Advisors will be working to secure three-year funding that would allow it to employ a small, dedicated staff to work on Dogecoin full-time. Up until now, the work on the ecosystem has been done by volunteers.
Crypto.com Removes Dogecoin, Shiba Inu, Others From Earn Program DecryptNo more Dogecoin, Shiba Inu and Tezos rewards says Crypto.com FXStreetShiba Inu ($SHIB), Dogecoin ($DOGE), and Others Removed From Crypto.com’s Earn Program CryptoGlobeCryptoCom Removes DOGE, SHIB, and 13 Other Altcoins From Earn Program CryptoPotatoCrypto.com Removes Shiba Inu (SHIB), Dogecoin (DOGE) and 13 Others From Its Earn Rewards Program Times TabloidView Full Coverage on Google NewsTue, 28 Jun 2022 03:43:27 GMT
Dogecoin Price (DOGE/USD) | Today's Price | NextAdvisor with TIME NextAdvisorCan Upcoming Meme Coin Big Eyes (BIG) Reach the Same Heights of Success as Dogecoin (DOGE)? Analytics InsightCan Mehracki Token Match Up to other meme coins in the Cryptocurrency Market? ANI NewsWhat Is a Meme Coin? And How Are They Defying Crypto Conventions? By DailyCoin Investing.comTop 4 Cryptocurrency Investments To Make in a bearish Market - Shiba Inu, Dogecoin, and RoboApe CryptopolitanView Full Coverage on Google NewsTue, 28 Jun 2022 14:53:32 GMT
Can Dogecoin Reach $1 by 2030? The Motley FoolThu, 30 Jun 2022 11:00:00 GMT
The SEC’s Chair Makes Game-Changing Crypto Statement As Price Of Bitcoin, Ethereum, BNB, XRP, Terra’s Luna, Solana, Cardano And Dogecoin Turn Mixed ForbesWed, 29 Jun 2022 11:35:28 GMT
Cryptocurrency prices today: Bitcoin, ether fall while dogecoin, Shiba Inu, Uniswap gain | Mint MintThu, 30 Jun 2022 02:54:10 GMT
Dogecoin, Shiba Inu Look Ready to Retrace Crypto BriefingTue, 28 Jun 2022 15:01:03 GMT
Crypto Crash 2022, Could the Cryptocurrencies FIREPIN (FRPN), Ripple (XRP) and Dogecoin (DOGE) be Next? Analytics InsightTue, 28 Jun 2022 13:15:52 GMT
Bitcoin (BTC), Ethereum (ETH) Weak, Dogecoin (DOGE) Gains - Benzinga BenzingaThu, 30 Jun 2022 01:23:54 GMT
Here's What Elon Musk Gets Wrong About Bitcoin and Dogecoin CryptonewsTue, 28 Jun 2022 17:00:00 GMT
Dogecoin is Emerging as the Darknet King and No One is Worried Analytics InsightMon, 27 Jun 2022 04:50:53 GMT