Cryptocurrency Q&A
Is there a finite amount of Dogecoin?
Is there a finite amount of Dogecoin?
SakuraFestival
Wed Nov 27 2024
|
7 answers
1619
I'm wondering if Dogecoin, like some other cryptocurrencies, has a limited or finite supply. Or is it designed to be infinite, with no cap on the total amount that can be mined or created?
7 answers
ZenFlow
Fri Nov 29 2024
The creation of new Dogecoins is a continuous process, fueled by mining.
Was this helpful?
351
89
Stefano
Fri Nov 29 2024
Mining involves solving complex mathematical problems to verify transactions and add them to the blockchain.
Was this helpful?
299
33
Nicola
Fri Nov 29 2024
Dogecoin possesses a unique characteristic that sets it apart from many other cryptocurrencies.
Was this helpful?
181
35
Giulia
Fri Nov 29 2024
In return for their efforts, miners are rewarded with new Dogecoins.
Was this helpful?
99
94
Elena
Fri Nov 29 2024
Its supply is not capped, meaning there is no limit to the number of Dogecoins that can be created.
Was this helpful?
298
48
Load 5 more related questions
