In 2013, Jackson Palmer, then Adobe's product manager, mocked the digital currency boom of the time by announcing on the internet that he would use Netgeogie Doge as a prototype for a digital currency called Doggie Money.
His post was soon seen by IBM software engineer Billy Markus, who had always wanted to create his own digital currency, and proactively contacted Palmer when he saw the post on the doggie The dog coins really create it.
The two hit it off, and soon Billy Markus hacked a simple mining program using Bitcoin's source code and Litecoin algorithm.
However, things were not controlled by them later. People's enthusiasm for dog coins has been on an unprecedented rise. Not only are there many people mining, but more and more applications are being opened up for the trading of dog coins. Up to now, Dog coins have up to 100 billion pieces.
In a recent interview with Bloomberg, Jackson Palmer said he did not take the dogcoin seriously at all. In fact, he did not own any doggy currency. As for later dog coins will become reddit and Twitch and other sites to play reward currency is he did not think of anything.
Now, this virtual currency from a spoof of the market value has exceeded 2 billion US dollars. But Palmer feels that this phenomenon deserves consideration. Is not because the founder of dog coins did not use the dog coin as a money making tool, so that dog coins later ignited the enthusiasm of the people, after all, most of the currency now exists, such as the issuer to sit down and so unfair