🔍 Dogecoin (DOGE) — More than just a meme, a technical entry point for mass crypto adoption.
Launched in 2013 by Jackson Palmer and Billy Markus, Dogecoin is a fork of Litecoin, inheriting its proof-of-work consensus and Scrypt hashing algorithm, which made mining more accessible to the average user compared to Bitcoin’s SHA-256. This lowered barrier to entry helped onboard a broader audience into the crypto space.
DOGE’s inflationary supply model contrasts Bitcoin’s capped supply, allowing continuous block rewards that maintain miner incentives and network security. Its block time of 1 minute enables faster transaction confirmation, ideal for microtransactions and tipping within digital communities.
Though initially created without a specific use case, Dogecoin’s large and active community has driven its widespread adoption, liquidity, and integration across exchanges and payment platforms, proving the power of social consensus in blockchain networks.
