DogeCoin Union: vitalik on dogecoin

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Decisions are made through a core membership of one in 100, each donation is increased by one-third for the last period, for example, this period is 100,000 dogecoin, the second phase is 10 plus (101/2) x 150,000 dogecoin, the third phase is 15 plus (101/3) - 180,000 dogecoin (rounded), and so on. Core members are invited, only core members can invite, each core member will return 5% of the donated token, cap return 30%

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Due to the wild spread of a Dogecoin challenge video on the short video platform TikTok, the price of Dogecoin increased by 50% within 24 hours. As of press time, its price is $0.042, since October 2018 The highest price. In this regard, Dogecoin Twitter warned traders not to engage in speculative activities. Dogecoin said, "Please make the right choice and don't be influenced or manipulated by others' FOMO. Be safe. Be smart."

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Another potentially surprising result is that hard and fixed supply constraints are not necessary to store assets in the value of digital assets. In the case of Dogecoin, for example, it has no fixed limits, but it is a branch of code, which means that Dogecoin is BTC-based, but BTC holders do not receive "dividends" in the new digital currency form