Is doge a flow currency?

I What does doge/btc mean

What does doge/btc mean?
An Australian branding and marketing expert, and a programmer from Portland, Oregon, USA, these two have never met before, but they have successfully brought together two of the most popular products – bitcoin and dog (Doge, for Americans, Doge is similar to the popularity of local tyrants in China) combined, and as a result, Dogecoin was born. And people are actually using it.

2018-08-29 12:23:18
Gold
Jinhua 6-star review

Doge is a classic old coin since 2014 , With the emergence of various novel concepts and technologies such as various smart contracts, lightning network, etc., it can be said that it is the most original btc at present! There has never been bookmaker hype, and the chips are scattered. It survives tenaciously without team operation, and the market value rises steadily. It can be said that it is a value investment product. So I am very optimistic about doge!

II doge is what currency

Dogecoin, some people call it “Dogecoin/Dogecoin”, was born on December 8, 2013, based on Scrypt Algorithm is the second largest virtual currency in the world after Bitcoin.

Digital currency is a global currency initiated by the private sector. It does not belong to a certain country, but belongs to all mankind. It has the advantages of fast global transfer speed. And the cost is low, and the total amount will not be arbitrarily issued like fiat currency, and the total amount is relatively stable.

(2) Is doge a traffic currency? Extended reading

Doge was born on December 12, 2013. One of the authors is Australian branding and marketing expert Jackson Palmer, a programmer in Portland, Oregon, USA.

Dogecoin is based on the Scrypt algorithm, the transaction process is more convenient than Bitcoin, a confirmation time of Dogecoin only takes 1 minute, BTC takes 10 minutes, and the number of dogs is more, the price is low, and the transfer speed is fast. , suitable for online rewards, etc., more convenient for the psychological needs of the public, making it more convenient for the development of civilians.

Dogecoin has its own core culture, it has a good cultural background – tipping culture, a good humanistic background – charity culture, and a good popularity prospect – grassroots culture.

Dogecoin will mine 100 billion in the first year and 5 billion every year thereafter, with no upper limit. That is, after one year, the inflation rate will remain at 5% per year and has been decreasing, and after 20 years, the annual inflation rate will only be 2.5%. This is more in line with the development of currency. Dogecoin has already mined more than 90 billion, and it will be halved again around October 2 in 5 days. At that time, the inflation rate will be lower than that of Bitcoin.

Ⅲ How about the Dogecoin (DOGE) market now, where to see the latest market price

Recently, the Dogecoin (DOGE) has not fluctuated much and remained stable, 24 A slight drop in hours. If you want to see the latest market, come to Feizhao.

IV What does DOGE/ETH mean

DOGE and ETH are both encrypted electronic currencies;
DOGE is Dogecoin and ETH is Ethereum.

ⅣWhat is Dogecoin

Dogecoin is a virtual currency.

Born on December 6, 2013, it was launched by IBM engineer Billy Markus. The coin symbol is a Doge. At first it was just an electronic currency created by Billy Markus for proof and as an improved demonstration of Bitcoin, but it quickly became popular in the electronic currency community after its release.

Issue

Dogecoin has a total circulation of 100 billion. The creator hopes to reduce the control of the currency value by a small number of people through the huge circulation. It is precisely because of the huge issuance of DOGE that its value in major trading markets is relatively low.

Based on the huge circulation, the development of DOGE in the commercial field is not progressing positively compared to Bitcoin, Ethereum and Litecoin. There are two ways to obtain Dogecoin, one is exchange trading, and the other is mining.

The above content refers to the Internet – Dogecoin

Ⅵ How about Dogecoin (DOGE), is it risky, where can I buy it, can I make money?

Investing in Dogecoin (DOGE) still has great risks, so don’t invest blindly. It is recommended to use the Bichacha APP to monitor project risks. This is the first risk monitoring software in the blockchain industry, which can help you avoid risks.

VII What is the issuance of Dogecoin

Issuance: Dogecoin 100 billion in the first year, and 5 billion every year thereafter, with no upper limit. Twenty years later, the annual inflation rate is only 2.5%.

Current number: more than 90 billion at present.

Extension:

①Status: Dogecoin, called “Dogecoin/Dogecoin”, was born on December 8, 2013. It is the second largest user in the world after Bitcoin. The second largest virtual currency.

②Advantages: Universal, not belonging to a certain country, with the advantage of fast global transfer

③Trading market: The main domestic Dogecoin trading platforms are BTC38, btctrade, foreign countries are mainly Cryptsy, Exmo, cex.io, Bittrex.

VIII What is Dogecoin (DOGE)

Dogecoin, some people call it “Dogecoin/Dogecoin”, was born in December 2013 On the 8th, based on the Scrypt algorithm, it is a virtual currency.

Digital currency is a global currency initiated by the private sector. It does not belong to a certain country, but belongs to all mankind. It has the advantages of fast global transfer speed. And the cost is low, and the total amount will not be arbitrarily issued like fiat currency, and the total amount is relatively stable.

After the launch of the Dogecoin system, due to the help of reddit (the Doge content on this website is terrifyingly flooded), the traffic has developed explosively, but within two weeks, Dogecoin has launched a special Blogs, forums.

Dogecoin application:

1. Facebook has obtained the permission of Facebook to go online through the Dogecoin consumption application

Two reward applications. The two apps are the Doge Tipping App and the Multicoin Tipping App. The former is limited to Dogecoin, and the latter includes 14 altcoins including Dogecoin, which can be rewarded for comments on Facebook.

This is not the first time that electronic money has appeared on Facebook, but it is the first time that a dedicated tipping service software has logged into the platform.

2. Twitch accepts Dogecoin

October 22, 2014, Twitch, a live streaming video platform for video games, announced on its official twitter that the company has accepted Dogecoin. Dogecoin as its payment subscription method.

3. Dogecoin High School Esports League

The first game of the American High School Esports League (HSEL) will have 50k Dogecoin as a bonus,

The game of choice for the league is “League of Legends” (translated as ‘League of Legends’ in China), which is a very popular free online game. The league took place between September 20 and November 8, 2014, followed by a week-long playoff. November 22, 2014 will be the time for the finals.

4. GoCoin, an international payment platform, announced plans to support dogecoin

This move means that merchants using the platform will soon be able to accept dogecoin payments. GoCoin already supports bitcoin and litecoin.

5. Xidax of the United States became the first company to support Dogecoin payment

[Global Network Comprehensive Report] According to a report on the US “Forbes” website on March 26, Salt Lake City, Utah, United States Xidax, an advanced PC generator company, became the first generator company to use Dogecoin as a payment currency.

Due to the success of the company’s previous Bitcoin payments, Xidax’s Dogecoin payments were also created at the request of Dogecoin users.

6. Large gift card exchange sites support DOGECOIN purchases

As more and more e-commerce sites provide support for purchase of shopping cards with Dogecoin, large gift card exchange sites EGIFTER. COM also started to support DOGECOIN to purchase gift cards.

7. CheapAir announced to accept Dogecoin for booking flights

On September 4, 2014, CheapAir announced that after accepting Bitcoin to book flights and train tickets, it recently announced that it has accepted Dogecoin and Litecoin to book flights. CheapAir revealed that the site has done $1.5 million in total bitcoin sales since adding the bitcoin payment method.

8. The Dogecoin reward application artifact “Bitui”

With the emergence of the English reward artifact dogetipbot, the development of domestic reward application software is not far behind. As soon as it was born, the rewarding artifact for CoinTui became popular in the coin circle. As long as you see your favorite comments, favorite stars, and favorite Weibo owners, you can directly reward each other through the CoinTui artifact. The entire coin-giving circle was immersed in a cheerful atmosphere of tipping each other for fun.

It is reported that the author of CoinTweet is developing a WeChat version to facilitate the coiners to reward each other with red envelopes during the traditional Chinese festival – the Spring Festival.

Coin Supply

Dogecoin’s initial supply is limited to 100 billion coins. By mid-2015, the 100 billionth Dogecoin had been mined, with another 5 billion coins issued each year thereafter.

Although there is no theoretical supply limit, at this rate the amount of Dogecoin in circulation will only double in 20 years (the next doubling will occur in 60 years in 2075) ).

There is no hard cap on the total supply of Dogecoin. Initially, the supply of Dogecoin was limited to 100 billion coins, which was much more than the top digital currency allowed at the time.

Nevertheless, in February 2014, Dogecoin founder Jackson Palmer announced that the limit would be lifted in an effort to keep its inflation down over time Rate.

In other words, inflation will fall from 5% in 2015 to less than 4% in 2019, 3% in 2027 and 2% in 2035 over time.

Dogecoin’s blockchain technology

Decentralized finance is an� The financial form (such as a broker, exchange or bank) in which a financial instrument is provided. This is done through the use of “smart contracts,” which are self-enforceable agreements that do not require intermediaries like banks or lawyers, but use online blockchain technology.

Although Dogecoin operates on its own chain and therefore cannot interact directly with smart contracts, these tokens can be “wrapped” so that they are locked into a state that is interoperable with contracts until later release it.

The Ren project enables Dogecoin (renDOGE) to be used on the Ethereum blockchain and to access the DeFI network (most DeFI coins use the Ethereum blockchain network).

Coins linked to Decentralized Finance are traded and traded on Decentralized Exchanges (DEx) using Decentralized Applications (“dApps”). An example of agile is Uniswap; these are entirely peer-to-peer exchanges, with no company or other institution providing the platform.

The above content refers to the Internet-Dogecoin

Ⅸ What does the term [doge] on the Internet mean

“Shishi Inu joke” (known as “Doge”) Doge Meme) has become popular on a large scale through social networking tools such as Facebook and Tumblr, and the search rate of major search engines in Europe and the United States has exploded. The prototype is a Japanese female Shiba Inu named Kabosu. This picture of Shiba Inu, which was originally just a cute dog, was changed into various characters, and after adding phrases with strange grammar such as “wow” and “such XX”, its nonsensical style swept the global Internet circle and was dubbed as a “proprietary”. The noun “Doge” (slang for the English word “dog”) has been named a cultural phenomenon of the year by TV stations such as NBC, and there is even a virtual currency (Dogecoin) marked by its emoji. In China, it is jokingly called “spiritual pollution” by netizens because its spoofed image is flooding the Internet, causing netizens to have illusions when they see other characters and things.

The term “doge” on the Internet is an expression that expresses an inner monologue.

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