Dogecoin


Dogecoin is a decentralized, peer-to-peer digital currency that enables you to easily send money online. Think of it as "the internet currency." Dogecoin is a fun, new and rapidly growing form of digital currency. This form of digital currency is called "cryptocurrency"; a type of digital currency. Cryptocurrency is completely anonymous, decentralized, and extremely secure.
You can use it to buy goods and services, or trade it for other currencies (both other cryptocurrencies or traditional currency like US dollars or Euros). Dogecoin reached a capitalization of US$60 million in January 2014; as of June 2017, it has a capitalization of US$340 million.

History

·       Dogecoin was created by programmer Billy Markus from Portland, Oregon. 
·       Uses scrypt technology in its proof-of-work algorithm. The use of scrypt means that miners      cannot use SHA-256 bitcoin mining equipment, and that dedicated FPGA and ASIC devices used for mining are complicated to create.  
·       Dogecoin was officially launched on December 8, 2013. The Dogecoin network was originally intended to produce 100 billion Dogecoins, but later, it was announced that the Dogecoin network would produce infinite Dogecoins. 
·       25 January 2015, Dogecoin has a market capitalization of USD 13.5 million. April 2015 Jackson Palmer announced he is taking an "extended leave of absence" from the cryptocurrency community.


Wallet

A “wallet” is basically the Dogecoin equivalent of a bank account. It allows you to receive Dogecoin, store them, and then send them to others. There are two main types of wallets. A software wallet is one that you install on your own computer or mobile device. You are in complete control over the security of your coins, but they can sometimes be tricky to install and maintain. A web wallet or hosted wallet is one that is hosted by a third party. They are often much easier to use, but you have to trust the provider to maintain high levels of security to protect your coins. There are four main wallets that we recommend for beginners.   

Popular Dogecoin Wallet  

Dogechain Wallets made easy Our online wallet allows you to securely access your coins from all over the world.  
Dogecoin wallet Download 

Earn Dogecoin

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Dogecoin Dogecoin Reviewed by Rock ABC on October 30, 2017 Rating: 5

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