Dogecoin DOGE

Dogecoin (DOGE) is an open-source, peer-to-peer cryptocurrency launched in December 2013 by Billy Markus and Jackson Palmer. Originally created as a lighthearted cryptocurrency inspired by the Doge meme, it developed into a long-running digital currency supported by an international community of users, developers and node operators.

The Dogecoin blockchain uses Scrypt Proof of Work and targets approximately one-minute blocks. Since 2014, Dogecoin has supported Auxiliary Proof of Work (AuxPoW), allowing miners of compatible Scrypt cryptocurrencies such as Litecoin to simultaneously contribute security to the Dogecoin network through merged mining.

DOGE is the native asset of the Dogecoin network and is primarily designed for payments, transfers and tipping. Unlike Bitcoin, Dogecoin does not have a fixed maximum supply. Starting from block 600,000, the protocol issues a permanent reward of 10,000 DOGE per block, providing ongoing incentives for miners.

Dogecoin Core is derived from Bitcoin and Litecoin code and is developed openly through GitHub. Anyone can operate a full node, participate in the network or contribute to the project's open-source development.

Dogecoin remains strongly associated with internet culture and its Shiba Inu branding, while its community emphasizes practical currency use and the long-running “Do Only Good Everyday” ethos.