Review on Dogecoin by Hung Quang

Name: Dogecoin
Item: Dogecoin
Rating: 5

September 13, 2018

In general, I am still interested in shibainu. Simply because there are not…

In general, I am still interested in shibainu. Simply because there are not many realities but thanks to the help of organizations and individuals, it is supported by the community which leads to its future development.
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Pros

Here I would like to review an electronic currency that I feel like it is dogecoin. Dogecoin was developed and perfected based on litecoin with representative dog pictures of shiba inu.For doing the maintenance work, the miners are awarded DOGE by the system. However, rather than using the traditional SHA–256, this coin leverages a traditional mining system that is based on the scrypt algorithm—the same one that is used by litecoins.

Cons

However, dogecoin still has its own limitations: Long synchronization time low cost for miners Few users Developers argue that there will be no further development of its application in the future