Doge chain
Overview
Dogecoin is a decentralized, open-source cryptocurrency created in 2013 by Billy Markus and Jackson Palmer as a parody based on the Doge internet meme. It operates on its own proof-of-work blockchain using the Scrypt hashing algorithm, derived from Litecoin. The network is primarily used for microtransactions, online tipping, and charitable donations due to its low transaction costs.
Within the DeFi Intel graph, Doge connects to 3 tracked entities, most strongly to Coinbase Bridge, Coinbase Bridge, Coinbase Bridge.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 3 of 3 total).
| Relation | Connected entity | Confidence |
|---|---|---|
bridges | Coinbase Bridge | 95% |
deployed_on | Coinbase Bridge | 95% |
deployed_on | Coinbase Bridge | 85% |
Frequently asked questions
What is Dogecoin?
Dogecoin is a decentralized, open-source cryptocurrency created in 2013 by Billy Markus and Jackson Palmer as a parody based on the Doge internet meme.
What blockchain does Dogecoin use?
Dogecoin operates on its own proof-of-work blockchain using the Scrypt hashing algorithm, derived from Litecoin.
What is Dogecoin primarily used for?
The network is primarily used for microtransactions, online tipping, and charitable donations due to its low transaction costs.