What is DOGE?
Dogecoin (DOGE) is a cryptocurrency that started as a joke coin, but it quickly gained a fervent following and real credibility. Dogecoin uses a Proof-of-Work (PoW) algorithm, but it uses Scrypt (using the source from Luckycoin, which was based on Litecoin) instead of SHA-256 (the basis for Bitcoin). As there is no real limit of coins there are nearly 100 billion Dogecoin on the market. Production will slow down once the 100 billion mark is reached.
Dogecoin was intended to be fast, light, cheap, and easy to use. It was intended to reach a broader audience than Bitcoin, as well as separate a cryptocurrency from Bitcoin’s shady past (scandals, Silk Road, etc). Although there aren’t many industrial uses, Dogecoin has gained traction with a very large fanbase. Shibes, as they are known, mainly use DOGE for tipping online. However, this fanbase has done some pretty remarkable things. In 2014, they helped raise funds to send the Jamaican Bobsled team to Sochi for the Winter Olympics, as well as another athlete, Shiva Keshavan. They also built a well in Kenya and sponsored a NASCAR for a race.
In September 2014, Dogecoin officially switched over to merged mining with Litecoin. This was due to several factors, including a significant decrease in value. The decrease in incentive to mine the coin could have been disastrous, with many miners threatening to move to hashing more profitable coins. The move to merged mining brought some stability to the coin, as well as increased security to both blockchains. Indeed, both coins enjoy a much larger hashing pool working together. While there were many voices on both sides of the argument, many viewed the move as an example of how openly competing coins can work together for mutual benefit. It remains to be seen if the move was the correct one, but for now it appears that Dogecoin will continue to thrive.
Interesting note, the mascot for Dogecoin is Doge, the Shiba Inu breed of dog from Japan. It is based on an Internet meme. You can read more about it here: http://knowyourmeme.com/memes/doge
Dogecoin is also known as DOGE. Dogecoin sets itself apart from other digital currencies with an amazing, vibrant community made up of friendly folks just like you. It is used frequently in tipping and is favored by Shiba Inus worldwide. Eobot has Cloud Mining to help build DOGE. For more information, see the Dogecoin website at http://dogecoin.com or the Doge coin Wikipedia page at http://en.wikipedia.org/wiki/Dogecoin
DOGE
Market Capitalization
$197,107,695 USD
Market Capitalization Ratio of DOGE/BTC
0.28%
Current Market Rates
0.00178952 DOGE/USD
0.03081950 DOGE/ARS
0.00225498 DOGE/AUD
0.00320324 DOGE/AZN
0.00564773 DOGE/BRL
0.00336430 DOGE/BYN
0.00223368 DOGE/CAD
0.00171275 DOGE/CHF
0.01188600 DOGE/CNY
0.03916888 DOGE/CZK
0.01116680 DOGE/DKK
0.00150084 DOGE/EUR
0.00138938 DOGE/GBP
0.01400024 DOGE/HKD
0.45656072 DOGE/HUF
23.86685360 DOGE/IDR
0.00640595 DOGE/ILS
0.11434150 DOGE/INR
0.19523952 DOGE/JPY
0.03157611 DOGE/MXN
0.00763052 DOGE/MYR
0.02336221 DOGE/NAD
0.01387041 DOGE/NOK
0.00638135 DOGE/PLN
0.00690129 DOGE/RON
0.17894324 DOGE/RSD
0.10486759 DOGE/RUB
0.01425819 DOGE/SEK
0.05946581 DOGE/THB
0.00616258 DOGE/TRY
0.04573123 DOGE/UAH
0.00000042 DOGE/BTC
0.00000526 DOGE/ETH
0.00003012 DOGE/LTC
0.00118156 DOGE/STEEM
1.00000000 DOGE/DOGE
0.00898222 DOGE/XRP
0.00000493 DOGE/DASH
0.00592483 DOGE/GNT
0.01319501 DOGE/BTS
0.00667520 DOGE/CURE
0.00653508 DOGE/XEM
0.00001307 DOGE/XMR
0.00000673 DOGE/ZEC
0.00006030 DOGE/FCT
1.26233456 DOGE/BCN
0.00000294 DOGE/BCH
0.00028780 DOGE/LSK
0.00294585 DOGE/MAID
0.00178952 DOGE/USD
0.04691009 DOGE/GRC
0.00011220 DOGE/ETC
Mine or collect Dogecoin .Save it.
