Review on Dogecoin by Quan Lam Chan

Name: Dogecoin
Item: Dogecoin
Rating: 5

September 17, 2018

Quick deals: Fast, easy transactions. Low expansion range. Good inflation…

Quick deals: Fast, easy transactions. Low expansion range. Good inflation: Normally, inflation will fall to the range of 4.9% per year. One figure shows little negative impact. Dogecoin founded many charitable projects: Dogecoin leaders regularly raise funds for charity, supporting special cases. Friendly community members, open.
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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 also has many disadvantages such as: It takes a lot of time to sync Not conducive to miners Fewer users The team does not develop more applications