What is Dogecoin (DOGE) in simple words?

What is Dogecoin crypto currency
Dogecoin is a crypto currency created by the American programmer Billy Marcus in December 2013. And as it is not strange for us to write, and you read, it was based on the Luckycoin crypto currency base, which in turn is based on the Litecoin database. Thus, the developers wanted to distance themselves as far as possible from Bitcoin, which at that time was associated with the use of drugs in the world. The designation of Dogecoin coins looks like DOGE.

Proceeding from the fact that the crypto currency Dogecoin is not a direct fork, i.e. a copy of bitcoin, there are noticeable differences between them. For example, the mining of dog-money, was originally a little strange, because it was impossible to know the reward for the extraction, because it was random, but after thousands of complaints from the miners, the developers decided to make this process more familiar, and recorded a reward for each extracted block. As for the total number of coins, at the beginning of this project, 100 billion coins were conceived, but according to current information this amount is unlimited.

Where to buy crypto currency Dogecoin
Crypto currency Dogecoin, is not super promising, but it does not prevent it from being popular among the crypto community. Thanks to this, it can be bought not only on crypto-exchange exchanges, such as Hitbtc, Bittrex, Poloniex but also on a multi-currency purse such as a cryptator, etc. Among the readers of our blog, the most popular is the Cryptonator purse, you can read its review here. The cost of one coin Dogecoin is $ 0.007164, with a total capitalization of just over $ 800 million.

Forecast and prospects for Dogecoin for 2018
Most recently, the media has a very interesting information about Dogecoin. In this information it was said that the crypto currency, which was created as a joke, at the moment has almost a billion dollars of capitalization. Such results were achieved thanks to the popularity of the meme, with the image of the dog, which is now the "face" of the coin. Speaking seriously, what will the future of this crypto currency be difficult to imagine, because in addition to its availability and simplicity, Dogecoin has no other advantages. And maybe this is the key to success?

Conclusion
One of the most important advantages of Dogecoin over other popular crypto-currencies is the full transparency and trust of users, because as of today, this representative of digital money has not seen participation in "muddy" cases and schemes, I hope you understood what we are talking about . On the contrary, the dogiocaine community has repeatedly supported the collection of funds for charity. And in 2014, and did participate in the fundraising in support of the national team of Jamaica for bobsleigh.

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