Cryptocurrency Q&A
What is Dogecoin & how does it work?
What is Dogecoin & how does it work?
KimonoElegantGlitter
Sat Nov 23 2024
|
6 answers
1217
Dogecoin, created by Billy Marcus and Jackson Palmer in 2013, is a peer-to-peer open cryptocurrency featuring a Shiba Inu dog meme. It works on a decentralized network using Scrypt algorithm and has a faster block time than Bitcoin, offering low transaction fees and fast confirmations, making it suitable for small transactions and online tipping.
6 answers
HanbokElegance
Mon Nov 25 2024
The creators of Dogecoin had a specific vision for the cryptocurrency.
Was this helpful?
124
66
Caterina
Mon Nov 25 2024
They envisaged it as a fun and light-hearted alternative to the more serious tone of other digital currencies like Bitcoin.
Was this helpful?
74
94
JejuJoyfulHeartSoul
Mon Nov 25 2024
Dogecoin is an open-source digital currency that has a unique origin story.
Was this helpful?
362
40
SumoStrength
Mon Nov 25 2024
It was created by two individuals, Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia.
Was this helpful?
160
73
Michele
Mon Nov 25 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of Dogecoin enthusiasts.
Was this helpful?
380
36
Load 5 more related questions
