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What is Dogcoin?
Dogcoin is an open-source, peer-to-peer cryptocurrency that was made as a parody of the crypto market following the establishment of Bitcoin. It was originally created as a light-hearted joke for crypto enthusiasts, but it quickly exploded to be one of the leading cryptocurrencies in use today.
Dogcoin’s brand logo is based on a popular meme of that time that featured a Shibu Inu dog. It was created in December 2013 and was based on the same basic technology of other cryptocurrencies like Bitcoin and Litecoin.
However, Dogcoin introduced some improvements, which included faster access speeds and more affordable transactions. Also, it counts the support of a robust community around the DOGE popularly known as the “Doge Army.” In 2021, Dogcoin is the ninth-largest cryptocurrency by market capitalization.
Dogcoin uses a simplified variant of the hashing algorithm, Scrypt. It also uses the “proof-of-work” protocol, enabling it to receive work from other Scrypt based networks. Dogcoin mining is less power-intensive than Bitcoin algorithm SHA-256.
History of the Dogcoin
Dogcoin was created in late 2013 by two software engineers, Bill Marcus and Jackson Palmer, who were working at IBM and Adobe Systems, respectively. It was created using the open-source code from Litecoin, which itself was a fork of the Bitcoin blockchain. The main purpose of its creation was to raise public awareness of blockchain technology capabilities.
Through the support of a large online community, which included Elon Musk, Mark Cuban, and Snoop Dogg, the volatile crypto has risen more than 4,000% in 2021 alone, with some analysts forecasting the price to reach $1 before the end of the year.
The online community has also been influential in newsworthy headlines, which included various fundraising events, such as the $50,000 fundraiser to send the Jamaican Bobsled Team to the 2014 Winter Olympics after the team qualified but could not afford to attend. They also sponsored a NASCAR Sprint Cup Series driver, Josh Wise, with about $55,000 in 2014.
Such publicity stunts raised Dogcoin to almost cult status by 2021. It gained influence on Redditt’s WallStreetBets message boards and Twitter, where its value responded to popular Elon Musk tweets, such as propelling its value “to the moon,” “fav cryptocurrency,” and “people’s crypto.”
The price of DOGE remained relatively flat since inception but began increasing rapidly in April 2021. The all-time highest price reached was $0.7376 and an all-time low of $0.00008547. The ROI for early investors is about 89,841% as of 15 September 2021.
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What are NTFs?
NFTs allow the representation of digital and real objects in a unique and unrepeatable way within the blockchain system. NFT development to its security, we can use this technology to manage these objects safely at any time.
In this case, the tokens represent a work of art: illustration, photography, video, 3D animation, GIF, music, among others. However, this technology is also used in games, to create Internet domains, business cards, and more.
NFT development company cannot be reproduced or transferred without the permission of the owner, but can be traded on different open markets, such as Open Sea. Artworks can be put up for sale or auction whenever desired.
The value of each chip is unique and its prices depend on the supply and demand of the market.
Some characteristics of NTFs:
Weirdly Unique – These assets have many analogies to works of art, of which there may be copies (it's even easier to make copies of digital works), but here the owner can certify that they are the sole and actual owner of the original work, although it can be easily shared on the internet (and it does).
Indivisible – Unlike cryptocurrencies, NFTs cannot be broken down into smaller parts, and have full value as a whole entity or token, without more. You can't have 1/1000 of a crypto kitten.
Indestructible – The data in an NFT is stored on the blockchain via a Smart Contract, making it indestructible, deletable, or replicable.
Verifiable – Blockchain makes it possible to verify something that is much more complex to prove or certify with things like art or stamp collecting, for example: Blockchain keeps track of who has bought or sold an NFT and who is their current (absolute) owner, including the original creator from whom that digital asset was purchased in the first place.
Sell art as NTF
Imagine that you are an artist creating digital images or videos. How can you monetize your content? You can sell signed prints or some type of merchandise online. You can also create a painting, digitize it, and then modify it online. NFT development services Is it the painting or is it the digital copy you modified? If a digital copy exists, does the original digital copy exist?
This is where NFTs come into play. An NFT is basically a smart contract that claims that this digital piece is the original and all the others are just copies (or “digital prints”, if we were to use a real-life analogue). In other words, the NFT consists of your digital artwork plus a blockchain contract stating that you did in fact create the piece and that it is the original.��
Some terms of this topic:
NFT : (Non-Fungible Token / Non-Fungible Token). It is a digital element managed by blockchain. This is the crypto art token. They were launched in 2017 through the Ethereum currency blockchain network. Everything or almost everything can be converted to NFT, from digital art, internet domains, playing cards, event tickets, songs, videos, among many more.
Blockchain : The chain of blocks is, as the name implies, a data structure that is organized in the form of interlocking blocks that create an infinite chain. When a new block joins the chain, the hash of the previous block is included, so changing the information of a single block creates a break in the chain. All blocks need to be recoded.
Chain code : It is defined as an algorithm that is responsible for separately coding the formulas so that the platform complies with the actions.
Cryptocurrency – Digital currency or currency that is powered by the blockchain system. Among the most famous are Bitcoin, Binance Coin, Ethereum, Litecoin, Dogcoin and Ripple. Each currency has different values and its value depends on speculation.
Cryptography : A set of techniques that allow messages or files to be altered and modified so that they cannot be read by unauthorized users.
Ethereum : Public blockchain platform created in 2015 by Vitalik Buterin that hosts decentralized and collaborative applications. The platform is backed by an open decentralized network of nodes and is supported by a community of developers.
Token: it is a unit of value, it is a type of cryptocurrency that represents "something" that is not a monetary transaction. There are fungible tokens (which can be divisible) and non-fungible or NFT tokens (which are not divisible).
Trading : is the speculation and sale of listed digital assets based on Technical Analysis (TA) with the aim of obtaining economic benefits.
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In the next time I will show you many Bonk Doges that I have crocheted. This is the big one. (Horny Jail Dog Meme)
#häkeln#amigurumi#crochet#fanart#handmade#plush#meme#memes#bonk#bonkbonk#doge#dog#hornyjail#dogmeme#dogcoin#crochetpattern#crochetplush#plushie#craft#crochetwork#handmadestuff
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"Why Dogecoin Price Exploded 80% Today – The ‘Elon Musk Effect’ Again?".
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That feeling when no one wants to talk about the future currency of the world
#meme#doge#dogecoin#crypto#doge memes#dogecointothemoon#dogecointo1dollar#memes#cryptocurrency#finance#finance memes#crypto memes#dogcoin
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Crypto market crash : क्रिप्टो मार्केट क्रैश होने से निवेशकों को 748 बिलियन डालर का हुआ नुकसान, जानिए क्या होती है क्रिप्टो करेंसी
Crypto market crash : क्रिप्टो मार्केट क्रैश होने से निवेशकों को 748 बिलियन डालर का हुआ नुकसान, जानिए क्या होती है क्रिप्टो करेंसी
Crypto Currency market crash : Crypto investors lost 748 bollion dollors क्रिप्टो मार्केट (Crypto Currency market) पिछले हफ्ते से काफी डाउन चल रही है जिससे निवेशकों को काफ़ी नुक्सान सहना पड़ रहा है। पिछले हफ्ते से सभी कॉइन के दाम काफी गिरे हैँ जिसमे (Bitcoin) बिटकॉइन का दाम गिरके 46,00,000 ₹ से गिर कर 27,00,000 ₹ रुपया तक पहुंच गया है। Ethureum 2,71, 800 ₹ से गिर कर 1,45, 000 ₹ रुपया और …
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Dogcoin is a fast, high-throughput open-source smart contract platform for digital assets and Dapps.
dogcoin today
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The use of social media in the world is increasing day by day with incredible leaps. There are many social media platforms and each one has different profiles. Today, China and India have the largest share of social media users.
I will soon tell you about the social platforms that reward you. Have you heard the name Tipestry.com? As the content you share is appreciated, it gives you doge coin as a gift.
WHAT IS TIPESTRY?
- Tipestry is a Social Media Earning Platform. Tipestry allows any website to leave comments anywhere on the web by automatically adding a comment with a cryptocurrency tip and earning DOG coins for their posts.
If you want to register on this platform and be rewarded for the content you share, I leave a linkhttps://tipestry.com/register?ref=serseri43
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Cryptocurrency News Today : क्रिप्टोकरेंसी बाजार में उछाल, Cardano आज फिर सुपर, शिबा में गिरावट
Cryptocurrency News : ग्लोबल क्रिप्टोकरेंसी मार्केट कैप (Global Crypto Market Cap) 2.63% के उछाल के साथ फिर से एक बार 2 ट्रिलियन डॉलर के आंकड़े तक पहुंच गई है. यह तेजी पिछले 24 घंटे को दौरान आई है. बिटकॉइन, इथेरियम और कार्डानो में उछाल आया है
Cryptocurrency News : क्रिप्टोकरेंसी बाजार में शुक्रवार को भी बढ़त देखी गई है. सुबह 9:32 बजे तक ग्लोबल क्रिप्टोकरेंसी मार्केट कैप (Global Crypto Market Cap) 2.63% के उछाल के साथ फिर से एक बार 2 ट्रिलियन डॉलर के आंकड़े तक पहुंच गई है. यह तेजी पिछले 24 घंटे को दौरान आई है. बड़े कॉइन्स की बात करें तो कार्डानो में 5 फीसदी से ज्यादा का उछाल आया है, जबकि कल भी इसमें 15% का जबरदस्त उछाल आया है. इसके अलावा, बिटकॉइन और इथेरियम भी अच्छी बढ़त दिखा रहे हैं.
#cryptocurrency business#cryptocurrency bitcoin ether price today eu crypto vote ban rejected cryptocurrency#bitcoin#dogcoin#ethereum
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Hey, get FREE BITCOIN worth Rs. 50 on downloading the CoinSwitch Kuber app using my referral link. Join me and 1.4 crore traders who are trading in 100s of crypto. Hurry, use my link: https://coinswitch.co/in/refer?tag=Dgje
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