IS DODGE COIN THE FUTURE OF CRYPTOCURRENCY??

in dodge •  4 years ago 

Dodge coin is one of the several altcoin(i.e an alternative coin that works on the basic framework such as the Bitcoin (BTC) available in the crypto market, they are virtual alternative currency to that of the Bitcoin that uses a technology called the block chain that permits a secure peer-to-peer transactions. It was created by two software engineers namely; Billy Markus who was an IBM software engineer and Jackson Palmer who was a Adobe software engineer.

The inception of the altcoin(Dodge) was to create a peer-to-peer digital non-centralized currency that could reach out to a wid and broad demographic than the Bitcoin(BTC) and other altcoin. Dodge coin was incepted with a peculiarity so as to distance itself and have a solution to controversial history of other altcoins and shitecoins..

Dodge coin was officially launched by it's creator on December 6th, 2013 and within a short period of a month(30 days to be precise) they were already millions of visitors visiting the domain of the coin which is Dodgecoin.com.
The idea of Dodge coin came into reality by the help of two men who one of them is Jackson Palmer who was then a member of the Adobe community who was in the marketing department back in sydney, he then bought the currency domain which is Dodgecoin.com and added a splash section which had some features such as the currency's logo and some Comic San text scattered on the Domain.

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And also the coin into reality by the second person who is Billy Markus of the IBM(International Business Machines) community,he was then a software engineer in the firm and he saw Palmer idea about Dodge coin, so he reached out to him after seeing the site(which has the domain; Dodgecoin.com) created by Palmer and started efforts towards the development of the coin.

Dodgecoin protocols was designed by Billy Markus based on the existing protocol of other cryptocurrencies protocol such as the Litcoin(LTC), Luckycoin which uses a scrypt technology in their proof-of-work algorithm.

In Dodgecoin there is a block chain or a recording ledger that allows someone sending from his digital wallet to another users digital wallet using a private key, the transaction are always permanently recorded, so therefore exchanges can't be altered or denied.. It is a blockchain technology which is secured by mathematics proofs which confirms transactions in block.

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