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Review on Dogecoin by Adrián Záhadný

Revainrating 5 out of 5

Passionate and big community, fast and cheap transactions, it has a usecase…

Passionate and big community, fast and cheap transactions, it has a usecase, unlimited supply, top ranked coin. Mining is dead- you need to use powerful ASICS



Pros
  • Very fast and cheap transactions. Fee is almost always only one DOGE which is usually less than one cent. Very passionate and friendly community. Was originally created as a meme coin. It is currently being used a lot on dogecoins subreddit. It's in top 100 in CMC ranking. It's using scrypt algorythm. The community is fun and helpful. DOGE was one of the biggest gainers in September. At the time of speaking it has market cap of $665,140,948 USD and price of $0.005719 USD Doge and ethereum were used to successfully make a bridge between two blockchains. Block reward is decreasing every couple of thousands blocks and decrease of block reward will stop at block 600k with reward of 10k DOGE/block
Cons
  • Unlimited token supply. Doge mining is dead because it was merged with litecoins. It is mainly a joke coin and in my opinion you should not invest a lot of money in it

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