Dogecoin is a cryptocurrency that was created in 2013. It is based on the Litecoin protocol and has a similar mining process.
However, Dogecoin has a much lower market cap and is not as widely traded as Litecoin.
Dogecoin was created as a joke currency, but it has gained a large following on social media. Dogecoin has been used to tip content creators on Reddit and Twitter.
In 2014, Dogecoin was used to raise funds for the Jamaican Bobsled Team to compete in the Sochi Winter Olympics.
Dogecoin runs on the Ethereum blockchain. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
Dogecoin is one of many Ethereum-based tokens. These tokens can be used to represent anything, from assets to loyalty points.
Tokens are often issued by companies to raise funds, but they can also be issued by individuals.
The Dogecoin community is very active and supportive. There are many online resources and forums where you can get help if you need it.
Yes, Dogecoin runs on Ethereum blockchain platform which is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.