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Today we are going to talk about What is A Guide to Dogechain: The Next Evolution of Dogecoin | The Future of Cryptocurrency.
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Okay, what is dogecoin?
Dogecoin is a cryptocurrency — like Bitcoin or Ethereum — initially developed as a joke by software engineers Billy Markus and Jackson Palmer. It’s also a snapshot into the internet culture of the early 2010s, as Dogecoin had initially launched in December of 2013. The coin’s name stemmed from the now-classic Doge meme — an image of surprised-looking Shiba Inu superimposed with the dog’s supposed internal monologue in Comic Sans.
However, despite the coin’s silly presentation and branding, serious work went into getting the meme coin up and running. The coin launched when Bitcoin was still one of the few big players in cryptocurrency, Markus and Palmer sought to make the underlying blockchain powering it more efficient. They succeeded, with the Dogecoin blockchain touting faster block times and transaction speeds than Bitcoin’s.
Now, if you’re wondering where you can buy Dogecoin for yourself, the currency is currently available on most cryptocurrency exchanges. As of writing, Binance and Coinbase, among others, offer users the ability to trade in fiat currencies and cryptocurrencies for Dogecoin. However, if you’re looking to do so as an investment, just make sure to brace yourself for a rogue Elon Musk tweet (or statement) down the line. On top of that, instances like Dogecoin’s Reddit-driven 800 percent surge in January 2021 add to the coin’s potential volatility as an investment.
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#A Guide to Dogechain: The Next Evolution of Dogecoin | The Future of Cryptocurrency
#A Guide to Dogechain: The Next Evolution of Dogecoin | The Future of Cryptocurrency