Cryptocurrency Dogecoin appeared at the end of 2013. I must say that it appeared quite by accident. November 28 an employee of Adobe in Australia issued the following update:
The currency, as can be seen from the report, was invented on the fly (Doge - name with a fun meme dog breed Shiba Inu) and the tweet was a kind of mockery cryptocurrency. However, readers response in the "Twitter" forced Palmer to think about this idea seriously, and a week later in a network domain dogecoin.com was registered and began work on the creation of a new cryptocurrency.
So what is the Dogecoin?
In fact, the fundamental differences in the currency of such other not. It uses the same algorithm as that of the Litecoin - scrypt, only slightly altered. Anyway Dogecoin technically very much like its predecessor. Only the number of coins is radically different and has 100 billion DOGE.
Popularity Dogecoin won largely due to its extensive charity work. The largest collection of funds that supported the community dogecoin, have been associated with the sport. Before the 2014 Winter Olympics in Sochi for athletes from Jamaica were collected 50 thousand dollars, and 6000 - for the Indian athletes. A few months later, the community donated another 55 thousand for the financing of Josh Wise, a famous racer.
Purse Dogecoin: how to get it?
Register your own purse Dogecoin DogeChain possible on site. The site interface is quite simple and is not loaded with unnecessary elements, so even despite the fact that the site is in English, you can easily figure it out what's what.
Another option - Kriptonator gathering on one site once all cryptocurrency. If you are already registered on this service, simply add a new currency from the list by clicking the "Open another account." Own number for the transaction can be found in the drop-down list to the right of "dogecoin account".
Finally, you can make landline purse on your computer or phone, if such an option is more convenient for you. Download program on the official site. In the same way, you can make and online wallet.
If you notice on the previous site in addition to the three listed options purses have another - paper. What does it mean? Everything is very simple. The service allows you to get the purse in the form of paper bills, which address the purse with its graphic QR-code is printed. To access the electronic money you need a secret key, accompanied by QR-code, which is also presented on the banknote. If you store large amounts cryptocurrency, the paper purse - it is the best solution in terms of safety.
How to get Dogecoin?
Here there are several options. Mining Right is thrown back, as if today's complexity of mining and miners speed in 5000 kH / s possible to earn $ 0.01 per day:
You can consider the option of pooling. Available pools presented here. However, more effective in terms of production of mining pools combined, allowing to produce, in addition to Dogecoin Litecoin or other scrypt-cryptocurrency. Mein Dogecoin separately from other currencies is not profitable.
The most popular way to receive free Dogecoin - mining in the taps. But this delusion is not particularly necessary, as the most generous rewards typically 4-6 free dog. Knowing the current exchange rate, you can calculate that free DOGE 4 equals our 6 kopecks easily.
Among other things, Dogecoin can always buy on the stock exchange. The most popular version of the exchange - Exchange Exmo. The advantages of this exchange very much. First of all, it is the presence of an automatic exchange. What pleased me personally - Russian-language support that is fairly quick to respond to treatment.
It is difficult to talk about the prospects of the currency. On the one hand, the fact that it came from a funny meme, does not allow to take it seriously. On the other hand, it cryptocurrency basically perceived by many people as something unreliable. Yet people like to once again smile, and currency based on a funny picture, has already won the hearts of many. Another thing is that the popularity of the meme in 2013 declined significantly, and this could not affect the popularity of the currency. In the future, perhaps, very few people will remember about this meme. However, good works, which were made using dogecoin, will remain in the memory forever.
Author: @Anton333
I still can't see why this coin would be something I would want to purchase. Dead coin. No upside potential.
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Good points in this article. Good to see I'm not the only one that is thinking about this. The popularity of the cryptos is currently determined by the biggest group of uneducated investors in man kind. It's an interesting world we live in. This is quite an interesting website I found: https://www.coincheckup.com I'm really enthusiastic about this site, they let you analyze every single coin out there. Go to: https://www.coincheckup.com/coins/Dogecoin#analysis For the Dogecoin Detailed report.
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