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-3 Karma

Review on Dogecoin by Muhammed Özdemir

Revainrating 4 out of 5

Dogecoin

Dogecoin, which has recently become famous and rising, Today, Dogecoin (DOGE) and its derivatives are on the agenda due to the increasing preference of crypto currencies for investment and transaction purposes. Dogecoin (DOGE), produced by Jackson Palmer and Billy Markus, designed to create a fun payment system without traditional banking transaction fees. By January 2014, it surpassed many crypto currencies, including Bitcoin, with the total transaction volume reached by this currency. When it first appeared, Dogecoin (DOGE) was given any reward to the user for each block mining for investment purposes, while this reward has been turned into static in the future. On the one hand, it aims to provide a team of trainings on Dogecoin, a highly community-oriented cryptocurrency as well as a reasonable unit for investment with the ever-changing crypto exchange, as well as Blockchain technology. Dogecoin (DOGE), which takes its name from a famous internet character, with some joke content, was produced to be a more accessible and friendly crypto currency. For this reason, it has been thought that it will be more possible for Bitcoin to access users who stay away from its complexity. One of its most beautiful features, which I like to use for tip purposes, is to tip another user for contributions or senders that they believe should be recognized by users.



Pros
  • A highly community oriented cryptocurrency
  • Aims to provide education on blockchain technology
Cons
  • some joke purposeful coin
  • Very dependent on the community

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