DogeCoin Union: today dogecoin rate

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In response to 51 per cent of attack concerns, Dogecoin merged its mining with Litecoin in 2014 to enable both assets to be mined at the same time. Notably, the joint mining of Litecoin and Dogecoin affected Lee's new pool donation concept.

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The DOGE price chart suggests that the DOGE/BTC pair may face a near-term reversal as prices have fallen to new lows for several months in a row. In the latest Dogecoin news, we take a closer look at the price chart.

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The principle of joint mining is difficult to understand, but you can understand Litecoin as the main chain and Dogecoin as the auxiliary chain. Through a technology called Auxiliary Proof of Work, the mining nodes are in Wright. Blocks can also be generated on Dogecoin after the coins are generated. In this process, the mining node does not need to do any extra work, even it does not know that it is mining Dogecoin

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Dog Coin (DOGE) icon Dogecoin was born out of a tweet, a joke. In 2013, dog dog image was so popular that Palmer, a flat-shooting and marketing expert at Adobe Sydney and a cryptocurrencies researcher, tweeted semi-jokingly, "Invest in Dogecoin, this is the next big opportunity." After the tweet, there was a lot of support, and Palmer was very effective in buying the domain name dogecoin a week later. Meanwhile, in another part of the globe, Markus, a programmer in Brandt, has been trying to create a cryptocurrencies. Markus came across the site and contacted Palmer for help. Before Palmer replied, he set out to transform the source code of Bitcoin, adding elements to Doge Mene. Palmer quickly replied to Markus, and the two clapped together. Eventually, dogecoin was born more than a week after the half-joking tweet. Dogecoin was born and developed so smoothly that it can even be described as hot. For Dogecoin itself, there are two main reasons for the boom: First, Dogecoin brings its own social attributes. On social networking sites such as Reddit, Dogecoin's content was very popular before it was born. When Dogecoin was born, it was greatly assisted by sites like Reddit. Dogecoin has far more attention on social networking sites than Bitcoin, Litecoin and other shanzhai coins. Second, Dogecoin's tip and charitable culture are recognized. Dogecoin advocates a tip culture, which has been used by many people for activities such as rewards in just one week, showing the level of recognition of its tip culture. Dogecoin is also more recognized in terms of philanthropy, and its charitable support is already extensive.