"A little about DOGE from an OG"

"A little about DOGE from an OG"


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Originally as a joke, DOGE was created by Billy Markus and Jackson Palmer on December 6, 2013.

By forking Bitcoin, they invented a fun, meme-based community that was capable of micro-payments and was free from traditional banking fees.

^image by bloomberg

Of course, DOGE is now widely recognizable around the crypto space by the face of the Shiba Inu dog - "Doge".

But most Noobs don't know the following:

Early on, it was clear that DOGE could not survive unless the unprofitable mining scheme was fixed.

Enter Litecoin.

litecoin-ltc-coin-.jpgimage by elevenews

With Litecoin's merged mining, DOGE could not just survive, but flourish. The Litecoin miners were happy because they got DOGE for free.

MergedMining.jpgimage by coinbureau

Ironically, DOGE's block time is 1 minute, while Litecoin's block time is 2.5 minutes.

In 2014, the DOGE community sponsored an Olympic Bobsled Team from Jamaica.

R06a7db6ea3d20f8b8cd6884f661869d4.jpegimage by complex

Then DOGE sponsored a race car (NASCAR), named the "#98 Moonrocket", which appeared on the circuit on May 4, 2014.

Doge-Nascar3.jpgimage by coindesk

Presently, DOGE has had a wild ride; mainly due to Elon Musk's DOGE tweets and follow on Crypto Space publicity.

images - 2021-01-29T201202.966.jpgimage by author

No one knows where DOGE will end up this year.

But one thing's for certain, "DOGE big wow!"

LOL!

By JaiChai

images - 2021-01-06T144929(9IWVWZHwhhs).jpgimage by author

This is YOUR TORUM INVITATION!

images (50)_20201228202843402_20201228203029582.jpgimage by author

 

JaiChai 2-15-2021. Simultaneous multi-site submissions posted. All rights reserved.

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JaiChai
JaiChai

I'm a single papa actively enjoying my varied passions (e.g., Writing, Disruptive Technology, Cryptocurrency, plus more hobbies too bizarre for most folk). I live on an island paradise with my teenage daughter, longtime girlfriend and three dogs.


(IJCH) Blockchain and Cryptos
(IJCH) Blockchain and Cryptos

IJCH - Inside JaiChai's Head (Meaning: My Warped, Personal Opinions and Musings on Blockchain and Cryptos)

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