Dogecoin - Page 2
Dogecoin is a cryptocurrency that was created in December 2013 as a joke based on the popular "Doge" internet meme, which features a Shiba Inu dog. Initially intended as a fun and lighthearted alternative to Bitcoin, Dogecoin uses a decentralized, peer-to-peer network for transactions that are verified by a process known as mining. It operates on a blockchain technology similar to that of other cryptocurrencies.Dogecoin's features include a rapid block time of one minute and an unlimited supply, which differentiates it from Bitcoin's capped supply. Over the years, it has gained a large community and has been used for various charitable and promotional purposes. Its popularity surged during 2021, benefiting from social media promotion and endorsements from high-profile individuals, leading to significant market capitalization and mainstream recognition. Despite its origins as a meme, Dogecoin has developed into a legitimate form of digital currency used for tipping, donations, and transactions in various online communities.
