DogeCoin & Its Pros & Cons

dogecoin

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What is Dogecoin?

Dogecoin is a decentralized, peer-to-peer digital currency that enables you to easily send money online. Think of it as "the internet currency."

What's with Dogecoin and the dog?

"Doge" is our fun, friendly mascot! The Shiba Inu is a Japanese breed of dog that was popularized as an online meme and represents Dogecoin.

Created by?

Jackson Palmer & Shibetoshi Nakamoto.

How many Dogecoin exist?

Dogecoin has no maximum, because it mints 10k dogecoins per block, forever. But to answer the spirit of your question, there are 100 million indivisible parts to a dogecoin.

Are they going to cap Dogecoin?

No, there is no supply cap on the total number of Dogecoins, or we can say there is an unlimited supply of Dogecoins, DOGE. It uses the same Proof of Work protocol as Litecoin and can be mined in the same way. Litecoin and Dogecoin even merged their mining in late 2014, by creating a Hard-Fork.

Why is Dogecoin?

Dogecoin has also become the most popular coin with which to tip people over the internet to thank them for providing interesting content. In essence, it's a digital currency that people can actually use rather than just invest in. The Dogecoin community has frequently raised funds for charitable causes.

How is Dogecoin mined?

The Dogecoin is mined at the center and then your share is sent to you. All you need to cloud mine Dogecoin is a Dogecoin wallet. Then choose a cloud mining pool to join.
 
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