Dogecoin Denominations DOGE, Dogecoins Nickname Doge Demographics Date of introduction December 6, 2013; 4 years ago ( 2013-12-06) User(s) International Valuation As of December 2017, over 112 billion coins had been mined. Dogecoin (, code: DOGE, symbol: Ð and D) is a featuring a likeness of the dog from the ' as its logo.

Introduced as a 'joke currency' on 6 December 2013, Dogecoin quickly developed its own and reached a capitalization of 60 million in January 2014; as of December 2017, it has a capitalization of US$1 billion. Compared with other cryptocurrencies, Dogecoin had a fast initial coin production schedule: 100 billion coins were in circulation by mid-2015, with an additional 5.256 billion coins every year thereafter. As of 30 June 2015, the 100 billionth Dogecoin had been mined.

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While there are few mainstream commercial applications, the currency has gained traction as an Internet system, in which users grant Dogecoin tips to other users for providing interesting or noteworthy content. A Dogecoin paper wallet Dogecoin was created by programmer Billy Markus from, who hoped to create a fun cryptocurrency that could reach a broader demographic than. In addition, he wanted to distance it from the controversial history of other coins. At the same time, Jackson Palmer, a member of ' marketing department in, was encouraged on Twitter by a student at to make the idea a reality. After receiving several mentions on, Palmer purchased the domain dogecoin.com and added a splash screen, which featured the coin's logo and scattered text. Markus saw the site linked in an IRC chat room, and started efforts to create the currency after reaching out to Palmer. Markus based Dogecoin on an existing cryptocurrency, Luckycoin, which features a randomized reward that is received for mining a block, although this behavior was later changed to a static block reward in March 2014.

In turn, Luckycoin is based on, which also uses technology in its algorithm. LBRY Credits LBC Mining Pool Software more. The use of scrypt means that miners cannot use bitcoin mining equipment, and that dedicated and devices used for mining are complicated to create. Dogecoin was officially launched on December 6, 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.

On December 19, 2013, Dogecoin jumped nearly 300 percent in value in 72 hours, rising from 0.00026 to $0.00095, with a volume of billions of Dogecoins per day. This growth occurred during a time when Bitcoin and many other cryptocurrencies were reeling from China's decision to forbid Chinese banks from investing into the Bitcoin economy.

Three days later, Dogecoin experienced its first major crash by dropping by 80% due to this event and due to large mining pools seizing opportunity in exploiting the very little computing power required at the time to mine Dogecoin. On December 24, 2013, The Reserve Bank of India cautioned users of cryptocurrencies on the risks associated with them. On December 25, 2013, the first major theft of Dogecoin occurred when millions of coins were stolen during a hack on the online platform Dogewallet. The hacker gained access to the platform's filesystem and modified its send/receive page to send any and all coins to a static address. This hacking incident spiked tweets about Dogecoin, making it the most mentioned altcoin on Twitter at the time, although it was in reference to a negative event. To help those who lost funds on Dogewallet after its breach, the Dogecoin community started an initiative named 'SaveDogemas' to help donate coins to those who had them stolen. Approximately one month later, enough money was donated to cover all of the coins that were stolen.

On January 2014, the trading volume of Dogecoin briefly surpassed that of Bitcoin and all other crypto-currencies combined, however, its market capitalization remained substantially behind that of Bitcoin. As of 25 January 2015, Dogecoin had a market capitalization of 13.5 million. April 2015 Jackson Palmer announced he is taking an 'extended leave of absence' from the cryptocurrency community. In January 2018, Dogecoin reached $1 billion market cap. Fundraising [ ] 2014 Winter Olympics [ ] The Dogecoin community and foundation have encouraged fundraising for charities and other notable causes.

On January 19, 2014, a fundraiser was established by the Dogecoin community to raise $50,000 for the, which had qualified for, but could not afford to go to, the. By the second day, $36,000 worth of Dogecoin was donated and the Dogecoin to bitcoin exchange rate rose by 50%. The Dogecoin community also raised funds for a second Sochi athlete.

Doge4Water [ ] Inspired by the Winter Olympics fundraiser and smaller charity fundraising successes, the Dogecoin Foundation, led by, began collecting donations to build a well in the Tana river basin in Kenya in cooperation with. They set out to raise a total of 40,000,000 ($30,000 at the time) Dogecoin before (March 22). The campaign succeeded, collecting donations from more than 4,000 donors, including one anonymous benefactor who donated 14,000,000 Dogecoin (approx. NASCAR [ ] On March 25, 2014, the Dogecoin community successfully raised 67.8 million Dogecoins (around $55,000 at the time) in an effort to sponsor driver. Wise ran with a Dogecoin/-sponsored paint scheme at the. On May 4, 2014, Wise and his car were featured for nearly a minute, during which the race commentators discussed Dogecoin and the crowdfunding effort, while finishing twentieth and narrowly avoiding multiple wrecks. On May 16, 2014, Wise won a spot at the through an online fan vote beating household name, largely due to the efforts of the Dogecoin Reddit community.

He finished the race in fifteenth, the last car running. The following race in the, Wise debuted a Dogecoin/Reddit.com helmet. Wise later announced he would run the car again at the as a thank-you gift to the community and the.

He finished twenty-eighth in the race due in part to a refueling issue; he was in twelfth place after a gas-and-go pit stop, but the gas can did not engage long enough, resulting in a second pit stop that took him towards the back of the pack. The developer of the video game announced that they are looking into adding the Dogecoin car as a drivable car in an upcoming DLC. Use and exchanges [ ] Several online exchanges offer DOGE/ and DOGE/ trading.

Three exchanges, Mengmengbi, Bter and BTC38, offer DOGE/ trading. On January 8, 2014, AltQuick.co was the first exchange to launch DOGE/ exchange. On January 30, 2014, Canada-based exchange Vault of Satoshi also announced DOGE/USD and DOGE/ trading. On February 2014, Hong Kong-based exchange announced that they would support the trading of Dogecoins in all major currencies.

China-based exchange BTC38 also added their support on the Dogecoin exchange, boosting the market capitalization over 24 hours. In the first day of trading, Dogecoin was the second-most traded currency on the platform, after Bitcoin. On September 2014, UK-based exchange Yacuna began offering DOGE/EUR and DOGE/GBP trading.

On January 31, 2014, trading volume across the major exchanges was valued at $1.05 million USD. The market cap was $60 million. Three exchanges accounted for the majority of volume: Bter (60%), Cryptsy (23%), and Vircurex (10%). The most traded currency pairs were DOGE/BTC (50%), DOGE/CNY (44%) and DOGE/LTC (6%). What Is A HTMLCOIN HTML Mine. Trading physical, tangible items in exchange for DOGE takes place on online communities such as and, where users frequently share currency-related information. On December 23, 2013, of the online journal Bitcoin Magazine discussed what was needed for Dogecoin if it ever wanted to have the success Bitcoin has had or to possibly replace Bitcoin. The first Dogecoin ATM was demoed at Coinfest in Vancouver in February 2014.

Two Bitcoin ATMs supporting Dogecoins and other altcoins opened in on March 17, 2014. Dogecoin has also been used to try to sell a house, and has been used in the pornography and poker industries.,, and website 's creators Katia Eirin and Bennett Wong request tips in Dogecoin to maintain their website. Dogetipbot was a cryptocurrency transaction service used on popular sites like and.

It allowed users to send Dogecoins to other users through commands via Reddit comments; support for Twitch.tv and had been discontinued earlier. The service was launched in 2013 on Reddit. The trademark 'dogetipbot' was officially registered on August 19, 2014.

In November 2014, the developer team behind dogetipbot raised $445,000 in funding. In May 2017 Dogetipbot was discontinued and taken offline after its creator declared bankruptcy; this left many Dogetipbot users losing their coins stored in the Dogetipbot system. Over the years, many different tipping services have been created. Popular Dogecoin tipping services as of July 2017 Name Active Minimum amount Function Services Dogetipbot No 4 DOGE Tipping, Wallet Reddit, Twitter, Twitch.tv Doger Yes 1 DOGE Tipping, Wallet Freenode IRC(#Dogecoin) Sodogetip Yes 1 DOGE Tipping, Wallet Reddit ssoaker(works via Doger) Yes 1 DOGE per active user Tip distributing across active users Freenode IRC(#Dogecoin) Mining parameters [ ] Dogecoin's implementation differs from by several parameters. Dogecoin's block time is 1 minute as opposed to Litecoin's 2.5 minutes. Several cases of using employer or university computers to mine Dogecoin have been discovered.

All faucets are dead or dying, no matter the currency. That's because the advertising model is broken, with Google's AdSense taking almost all the revenue and cheating sites out of their earnings. Mining is also dead for everyone. Too much hashpower chasing too few rewards, and no chance for little guys to get back their costs. As Communities go, try finding a better one.

Go over to Bitcoin and try to help people and see how long it takes for the personal attacks to start. What's wierd is the personalities of many people in cryptos. Outside (and we DO have a few special needs types here as well, I have to admit) there are hordes of conspiracy theorists, libertarians, angry douchebags, scammers, hackers, profiteers and so on.

They were here once too, but for the most part bailed when they decided they weren't going to get rich quick here. Cryptos are currencies, not religions.

They are meant to be used. Here, we use them. Mainly for tipping, yes, but that's because of a lack of vendors selling things people actually want to buy. That doesn't make us dead!

Dogecoin can't be dead. It isn't a living being nor it is physical good. Community is keeping other cryptos that are out there, without community nobody will use a single coin. Why is dogecoin community different?

Because we do no look out on some earning money scheme, we are here to be happy, to do good annd for fun:D You are not the only one who is asking for a suggestion, there are some projects that are running around dogecoin and we should try to help them grow if we don't have our own idea and I am sure that we all can take part in it:)) • • • •. I purchased a few things last week, in one case after several hours my bitcoin still hadn't been verified, despite a fee larger than the client suggested. Had to sort it out in an email exchange. I ordered something else from a different site that accepted altcoins and doge was an option so of course I used it, verification took 2 min and cost me 1 doge in fees.

Verification times in minutes instead of hours, fees measured in fractions of a penny vs up to a dollar. Doge is far from dead.