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Coiledcoin allows merged mining, which means that miners who mine Bitcoin's Sha-256 algorithm can mine Coiledcoin at the same time, which makes it very vulnerable to 51% attacks. At the time, Luke ran the Eligius mining pool, which led some community members to accuse him of contributing computing power to attack Coiledcoin, although he denied it. Luke's main reason for attacking Coiledcoin is that he believes that Coiledcoin is a scam and pyramid scheme that will "reduce and damage the reputation of Bitcoin."

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A variety of pools, including Slush, Bitfury, BTCC, CGMiner and CKPool, have signaled support for SegWit, as well as major bitcoin exchanges, including BitcoinEx, OKCoin and Coinfloor.

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ETH fell 2%. Other cryptocurrencies on CoinDesk's digital asset board are also in the red, with dog money DOGE down 3% and DASH down 3%

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DOGE is a point-to-point digital currency originally based on the real Japanese Shiba Inu named Kabosu Dog. According to Coinmarketcap, DOGE was launched in December 2013 and currently has a market capitalization of $331 million. With today's announcement, DOGE joined Litecoin (LTC) and Bitcoin Cash (BCH), all of which joined the platform last week.

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Verge was originally created in 2014 under the name Dogecoin. It changed its name to Verge in 2016, but that doesn't change the fact that it's a dog coin fork. Dogecoin also became a branch of Litecoin, a well-known bitcoin.

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Dogecoin Dog Coin was launched on December 8, 2013 as a "snopic digital currency". Today, it is one of the world's most popular cryptocurrencies, with a market capitalisation of more than $350 million. This makes it still attractive for investment and mining. Dogecoin digs in a similar way to Monero.