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Dogecoin was created by programmer Billy Markus from Portland, Oregon, who hoped to create a fun cryptocurrency that could reach a broader demographic than Bitcoin. In addition, he wanted to distance it from the controversial history behind Bitcoin, mainly its association with the Silk Road online drug marketplace. At the same time, Jackson Palmer, a member of Adobe Systems' marketing department in Sydney, Australia, was encouraged on Twitter by a student at Front Range Community College to make the idea a reality.
After receiving several mentions on Twitter, Palmer purchased the domain dogecoin.com and added a splash screen, which featured the coin's logo and scattered Comic Sans text. Markus saw the site linked in an IRC chat room, and started efforts to create the currency after reaching out to Palmer. Markus based Dogecoin on the existing cryptocurrency, Luckycoin, which features a randomized reward that is received for mining a block, although this behavior was later changed to a static block reward in March 2014. In turn, Luckycoin is based on Litecoin, which also uses scrypt technology in its proof-of-work algorithm. The use of scrypt means that miners cannot use SHA-256 Bitcoin mining equipment, and that dedicated FPGA and ASIC devices used for mining are complicated to create. Dogecoin was officially launched on December 8, 2013. The Dogecoin network was originally intended to produce 100 billion Dogecoins, but later, it was announced that the Dogecoin network would produce infinite Dogecoins. Read More:Wikipedia Article
Faucet Balance: 12881.9696364 DOGE
Up to 5 DOGE every 15 minutes.
My Three Top Crypto Wallets
Coinbase is one of the top cryptocurrency wallets on the market. With their wallets being fully secured you never have to worry about your wallet being comprised. (Please Note:) At this time, they only feature wallets for Bitcoin, Litecoin and Ethereum. Coinbase has recently announced that vaults are now available for Bitcoin, Litecoin and Ethereum.
Freewallet.org/DOGE is a good dogecoin wallet that is both instant and simple. It also features the ability to exchange and buy all on one app. Stored alot of dogecoins here. (highly recommended)
Coinomi is a multi-coin wallet for Bitcoins, Altcoins and Tokens. It features instant coin exchanges,advanced security, integration, etc. Coinomi is available only Google Play for Android.
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