Learn about the technical aspects of How Dogecoin works on #Dogeday #dogecoin420
The name Dogecoin is based on the popular Doge Internet meme and it features a Shiba Inu in its logo. Dogecoin is a #cryptocurrency that was forked from another cryptocurrency Litecoin in December 2013. A fork means taking a copy of an existing software and tweaking it to create a new product.
Dogecoin was created as a payment system that is instant, fun, and free from traditional banking fees. Also, it has predominantly served as a meme. Especially since the 2017 Initial Coin Offering (ICO) boom which saw the creation of thousands of cryptocurrencies and tokens!
Links from video:
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How Bitcoin works: https://youtu.be/Digm2jDOIJY
Github repo: https://github.com/dogecoin/dogecoin
Doge coin distribution: https://bitinfocharts.com/top-100-richest-dogecoin-addresses.html
Timestamps:
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00:00 Introduction
00:33 What is Dogecoin
01:08 How Dogecoin works
03:51 Pros of Dogecoin
04:23 Risks of Dogecoin
05:13 Finishing thoughts
Background music
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– https://www.bensound.com
– https://audionautix.com/
#dogecoin #whitepaper #mining #blockchain #cryptocurrency #Litecoin #doge
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