What is Dogecoin?

Adekunle Joshua

Dogecoin is a decentralized digital currency launched on 6 December 2013

DOGE was created by Jackson Palmer, a product manager at Adobe, and Billy Markus, a software developer at IBM

Dogecoin's underlying technology is derived from Litecoin and uses the Scrypt algorithm

Key features of Dogecoin include low prices and an unlimited supply

The underlying blockchain technology of Dogecoin allows quick confirmations, making it suitable for microtransactions

Built on the same underlying technology as Bitcoin, Dogecoin utilizes a decentralized network that ensures robust security and stability

Dogecoin has gained popularity for tipping content creators and supporting charitable causes