What is Dogecoin & Where can you get a Dogecoin wallet? Dogecoin is a cryptocurrency just like Bitcoin or Litecoin, except it has a friendly(ier?) logo. The marketing seems to be on point - who doesn’t like dogs? It is completely anonymous, decentralized, and extremely secure. One of the most popular uses for Dogecoin is "tipping" fellow internet-goers who create or share great content. Think of it as a more meaningful "like" or upvote, with real value that can be used all across the internet. Dogecoin wallet support is now available on our latest Trust Wallet update, you can download the crypto wallet app today!
How does it work? Dogecoin was based on another cryptocurrency - Luckycoin, which runs the Scrypt Proof-of-Work protocol (originally from Litecoin). This means that Doge cannot be mined by ASICs, and is instead only mineable by computers. Unlike Litecoin, Dogecoin’s block time is 1 minute versus Litecoin’s 2.5 - allowing for faster transactions and confirmations.
What does it aim to solve? Educating users and spreading adoption through meme culture. Dogecoin seems to be only cryptocurrency that was started as a joke. With a meme as its mascot and center of attention, Dogecoin is the one cryptocurrency that doesn’t take itself too seriously, unlike nearly all the others.
What are the features of Dogecoin? Considered as THE “tipping” currency online Cannot be mined by ASICs 1 Minute block time Very doge