Latest news: 16
General Discussion / General discussion ..so I thought
« on: January 13, 2018, 06:09:41 PM »
Bitcoin & Crypto Forum
. 
. 
. 
. 
.
. 
. 
Shop
This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here
Show Posts
This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.
17
General Discussion / Is SuchApp worthy of our time? Why is it better than other?
« on: January 13, 2018, 01:42:44 PM »
So I went through their website / fb and twitter..
I compared Suchapp's features with Snap Chat and I found suchApp quite impressive but it is very new to actually give a verdict on SuchApp.
Beside here is what I found:
Did you guys know that #SuchApp starred at #CES alongside a few other cool #HighTV projects? https://cstu.io/984553 How excited are you to see the Alpha version of the app?
Coming this month!
Want to know how Suchapp can help you grow your business? Watch this video to find out.
Now I am waiting to actually test their app to discover what they got to offer.
SuchApp can actually turn into #1 messenger app since it is related to crypto IMO.
Reasons I will be investing in the Suchapp Token Sale:
Because they are offering such great service which does seem to attract.
Unique project. Dedicated team.
Now what's your take on SuchApp?
I compared Suchapp's features with Snap Chat and I found suchApp quite impressive but it is very new to actually give a verdict on SuchApp.
Beside here is what I found:
Did you guys know that #SuchApp starred at #CES alongside a few other cool #HighTV projects? https://cstu.io/984553 How excited are you to see the Alpha version of the app?
Coming this month!Want to know how Suchapp can help you grow your business? Watch this video to find out.
Now I am waiting to actually test their app to discover what they got to offer.
SuchApp can actually turn into #1 messenger app since it is related to crypto IMO.
Reasons I will be investing in the Suchapp Token Sale:
Because they are offering such great service which does seem to attract.
Unique project. Dedicated team.
Now what's your take on SuchApp?
18
Dogecoin Forum / Developer brain dump incoming
« on: January 09, 2018, 07:38:13 PM »I'm not at all on top of my incoming messages, so in an attempt to stem the flood and address most of them, here's the current contents of my head.
I feel some are using our rise to illustrate the absurdity of cryptocurrency pricing (http://uk.businessinsider.com/dogecoin-cryptocurrency-has-market-cap-above-2-billion-2018-1 for example). To me, in an environment where a cryptoasset with $30 USD equivalent transaction fees has a market cap of over a quarter of trillion dollars, I don't think we're the absurd one. Yes we take ourselves less seriously, but that doesn't mean we're not serious behind the scenes. We're a 4 year old currency with transaction fees barely over a cent and significantly higher throughput than most other cryptocurrencies.
That said, now is not the time to pat ourselves on the back, 1.14 needs shipping and we need wider adoption. If you run a service/store, please look into taking Dogecoin. If you don't, please talk to others about how you can help them accept Dogecoin (DO NOT just flood them with emails saying they should, but ask why they don't and what you can do about it).
On that note, lets talk structure of Dogecoin for a second. A lot of people presume Dogecoin is managed by a single coherent entity - this is very much not the case. The founders, current developers, reddit moderators, IRC, social and other teams behave as loosely coupled teams, with our own projects. We talk frequently, but there's no single leadership structure. In common with Bitcoin we have a post-launch dev team; we are not those who decided to launch a coin (that's Jackson & Billy), we saw Dogecoin as it was and decided it was something we wanted to be involved in. We're also not those who missed out on Bitcoin, I was in Bitcoin in 2011, but I didn't believe in how it was designed.
As a consequence of this, "Why is no-one doing <x>?" generally boils down to either "We like it this way" or "Why aren't you doing <x>?".
Most crucially; we're not taking the inflationary coins away because they're why we're in Dogecoin. I said I was in Bitcoin in 2011, and the reason I didn't stick with it is I don't believe in deflationary currencies. Even if we did, we'd have to somehow convince the miners to mine a coin where they weren't paid (which is what the inflation pays for), so the realistic scenario is an inflation-less Dogecoin would either have no miner adoption, or fees matching Bitcoin.
This is typically where someone says something about their investment in Dogecoin. I really can't advise on investments, I bought Bitcoin in 2011 and sold early enough on that I'm typing this from my bedroom rather than a beach, so you probably shouldn't listen to me. I will however say that the developers have a lot less Dogecoin than virtually anyone thinks, and certainly the next dev fund payout is likely to be a significant multiple of my personal holdings, simply because we're post-launch so we've had to buy our Doge the way everyone else had to buy or mine.
What else...
Nodes - I've added a new permanent node in LA, and I'm bringing additional nodes up in Ireland and Seoul now. A bootstrap.dat torrent is being worked on right now, which should help too. If you're running a node please note:
It really needs to be kept online, to ensure it's actually relaying more data than it's consuming
If you can open port 22556 to the world, please do so, it will vastly improve the number of nodes that can connect to you
It's full nodes (those running Dogecoin Core) we need, leaving Multidoge/Android wallet/etc. open doesn't help us very much
1.14 will also significantly improve performance, and is making nice progress. Fees are my next task after this post, and then there's a lot of small items to address, but I'm hoping to get an alpha out shortly. Also I haven't broken testnet yet, which is a nice change compared to 1.10!
We aren't about to introduce paying nodes because it's essentially technically impractical. This could either come from mining rewards (and you can fight either the miners or those who we create too many coins already, for that), or from other receiving nodes themselves. If it's from mining then somehow we'd have to identify contributing nodes, if it's from receiving nodes I'm not sure people are going to be happy with their balance dropping due to network usage. Although it might be a break-even I suppose. Generally, though, paying nodes is called proof of stake, and that's a whole different discussion.
Someone asked about the website - it's being discussed, let me get back to you.
Please treat your Dogecoins and wallet files like you would cash. We can't get them back for you if you send them to the wrong person (if we could, we'd have raided the Dogeparty address and be retired on a beach by now). Keep backups, and never delete old wallets (you never know when you might need a random key from an old wallet).
Full list of changes in 1.14 is coming (although generally if it's in Bitcoin Core 0.14, expect to see it in), but the highlight for me beyond the improved performance is hierarchical deterministic wallets, which mean restoring old wallet backups will recover more recent funds. That should save a lot of lost funds, I hope!
Last one, quick list of Twitter accounts to follow:
Dogecoin: https://twitter.com/dogecoin
Dogecoin developers: https://twitter.com/dogecoin_devs
Jackson Palmer (founder): https://twitter.com/ummjackson
Max Keller (lead developer): https://twitter.com/langer_hans
Me (developer, the chatty one): https://twitter.com/JRossNicoll
Sporklin (community herder): https://twitter.com/MSingularity
42points (reddit moderator): https://twitter.com/42points
Elf Lyons (random comedian I'm throwing in because she's funny): https://twitter.com/elf_lyons
I will be reading messages, but your chances of replies are very slim, sorry everyone. Many thanks for all the tips, they are appreciated!
Much wow,
Ross
I feel some are using our rise to illustrate the absurdity of cryptocurrency pricing (http://uk.businessinsider.com/dogecoin-cryptocurrency-has-market-cap-above-2-billion-2018-1 for example). To me, in an environment where a cryptoasset with $30 USD equivalent transaction fees has a market cap of over a quarter of trillion dollars, I don't think we're the absurd one. Yes we take ourselves less seriously, but that doesn't mean we're not serious behind the scenes. We're a 4 year old currency with transaction fees barely over a cent and significantly higher throughput than most other cryptocurrencies.
That said, now is not the time to pat ourselves on the back, 1.14 needs shipping and we need wider adoption. If you run a service/store, please look into taking Dogecoin. If you don't, please talk to others about how you can help them accept Dogecoin (DO NOT just flood them with emails saying they should, but ask why they don't and what you can do about it).
On that note, lets talk structure of Dogecoin for a second. A lot of people presume Dogecoin is managed by a single coherent entity - this is very much not the case. The founders, current developers, reddit moderators, IRC, social and other teams behave as loosely coupled teams, with our own projects. We talk frequently, but there's no single leadership structure. In common with Bitcoin we have a post-launch dev team; we are not those who decided to launch a coin (that's Jackson & Billy), we saw Dogecoin as it was and decided it was something we wanted to be involved in. We're also not those who missed out on Bitcoin, I was in Bitcoin in 2011, but I didn't believe in how it was designed.
As a consequence of this, "Why is no-one doing <x>?" generally boils down to either "We like it this way" or "Why aren't you doing <x>?".
Most crucially; we're not taking the inflationary coins away because they're why we're in Dogecoin. I said I was in Bitcoin in 2011, and the reason I didn't stick with it is I don't believe in deflationary currencies. Even if we did, we'd have to somehow convince the miners to mine a coin where they weren't paid (which is what the inflation pays for), so the realistic scenario is an inflation-less Dogecoin would either have no miner adoption, or fees matching Bitcoin.
This is typically where someone says something about their investment in Dogecoin. I really can't advise on investments, I bought Bitcoin in 2011 and sold early enough on that I'm typing this from my bedroom rather than a beach, so you probably shouldn't listen to me. I will however say that the developers have a lot less Dogecoin than virtually anyone thinks, and certainly the next dev fund payout is likely to be a significant multiple of my personal holdings, simply because we're post-launch so we've had to buy our Doge the way everyone else had to buy or mine.
What else...
Nodes - I've added a new permanent node in LA, and I'm bringing additional nodes up in Ireland and Seoul now. A bootstrap.dat torrent is being worked on right now, which should help too. If you're running a node please note:
It really needs to be kept online, to ensure it's actually relaying more data than it's consuming
If you can open port 22556 to the world, please do so, it will vastly improve the number of nodes that can connect to you
It's full nodes (those running Dogecoin Core) we need, leaving Multidoge/Android wallet/etc. open doesn't help us very much
1.14 will also significantly improve performance, and is making nice progress. Fees are my next task after this post, and then there's a lot of small items to address, but I'm hoping to get an alpha out shortly. Also I haven't broken testnet yet, which is a nice change compared to 1.10!
We aren't about to introduce paying nodes because it's essentially technically impractical. This could either come from mining rewards (and you can fight either the miners or those who we create too many coins already, for that), or from other receiving nodes themselves. If it's from mining then somehow we'd have to identify contributing nodes, if it's from receiving nodes I'm not sure people are going to be happy with their balance dropping due to network usage. Although it might be a break-even I suppose. Generally, though, paying nodes is called proof of stake, and that's a whole different discussion.
Someone asked about the website - it's being discussed, let me get back to you.
Please treat your Dogecoins and wallet files like you would cash. We can't get them back for you if you send them to the wrong person (if we could, we'd have raided the Dogeparty address and be retired on a beach by now). Keep backups, and never delete old wallets (you never know when you might need a random key from an old wallet).
Full list of changes in 1.14 is coming (although generally if it's in Bitcoin Core 0.14, expect to see it in), but the highlight for me beyond the improved performance is hierarchical deterministic wallets, which mean restoring old wallet backups will recover more recent funds. That should save a lot of lost funds, I hope!
Last one, quick list of Twitter accounts to follow:
Dogecoin: https://twitter.com/dogecoin
Dogecoin developers: https://twitter.com/dogecoin_devs
Jackson Palmer (founder): https://twitter.com/ummjackson
Max Keller (lead developer): https://twitter.com/langer_hans
Me (developer, the chatty one): https://twitter.com/JRossNicoll
Sporklin (community herder): https://twitter.com/MSingularity
42points (reddit moderator): https://twitter.com/42points
Elf Lyons (random comedian I'm throwing in because she's funny): https://twitter.com/elf_lyons
I will be reading messages, but your chances of replies are very slim, sorry everyone. Many thanks for all the tips, they are appreciated!
Much wow,
Ross
19
Dogecoin Forum / Much prediction, Shiba algorithm, Wow analytics, So wallstreet 🚀 🚀
« on: January 06, 2018, 06:12:38 PM »
20
Dogecoin Forum / Re: Which wallet is best for holding Dogecoin?
« on: January 06, 2018, 06:09:49 PM »
best way is to use paper wallet 
21
Dogecoin Forum / 1.14 just hit a major milestone 🚀🚀🚀
« on: December 28, 2017, 07:23:28 PM »
DOGECOIN DEVELOPMENT NEWS!
Well good grief that was harder than expected, but... 1.14 now fully syncs on both test and main networks. That's a massive milestone in releasing a new client, especially after so many changes in Bitcoin Core (I've spent most of my time basically trying to find where they've moved code to).
I'm not going to do an estimated release date, because good grief that has a history of going badly, but instead going to try showing you the next steps:
Address unit test failures in block encoding which have appeared when we add a chain ID. I suspect a bad interaction with SegWit code, but honestly I'm rolling 1d20 on the random fault table here, rather than I really know.
Get tests running on Travis, so that if we accidentally break something and miss it in local testing, it should catch it for us.
Test mining on the test network.
Fix the test network when 3 predictably goes wrong.
RPC tests to ensure it works well with services (mining pools, exchanges, etc.)
Backwards compatibility tests (ensure old wallets load reliably, etc.)
Alpha release
In parallel to this, branding work will start (currently it advertises as if it's Bitcoin Core still), to make the client look like the Dogecoin we all love.
If anyone has time to help, looking at the broken tests in the 1.14-dev branch would be greatly appreciated.
I've got thoughts on 1.15, I'll share them around the point we're doing mining tests, as they should be more fixed/less gooey by then.
Stay awesome shibes!
Ross
Edit: P.S. I'm not at all on top of my messages on reddit, sorry. Maybe one day, or I'll hire someone to sort through them, meanwhile I'm not ignoring you personally, I'm ignoring almost everyone incidentally.
22
Dogecoin Forum / Re: How To Earn Dogecoin
« on: December 25, 2017, 01:55:15 PM »
You can do fauceting like http://moondoge.co.in/?ref=1352dce56496 or u can check my signature which I do everyday to get free doge xD
23
Dogecoin Forum / Doge just crossed 1B market cap and worth $0.01 🚀🚀🚀
« on: December 25, 2017, 05:55:42 AM »
25
Dogecoin Forum / dogecoin can't grow because it is a joke, it has a high supply, and inflationary
« on: December 21, 2017, 06:38:05 PM »This is what I always read in forums, chats, articles, and advice for investors. But this is not true.
joke
It started as a joke, but it's just a serious coin that wants to look like a joke. In fact it is a great advantage since it includes fun, friendliness, and opportunities to be tipped. That's why it attracts so many users and has real support based on people, not just a mere investment product that can be discarded when this is no longer useful to obtain revenues. Dogecoin is a real coin..
High Supply
There are many billions of coins, and every year the market is flooded with more and more billions. But this is just one unit of arbitrary measurement. If we use the MegaDoge as a fundamental unit, we have that each of them is worth approximately $8,000, and there is a total of 112,426 MÐ. This is a lot less coins than Bitcoin, does that sound better?
Inflationary
Yes, dogecoin has lost value by approximately 5% during this year due to inflation. How much has been revalued? Does this investor really worry 5%? But it is also will not always be 5%, in fact it was 4.76% in 2017, in 2018 it will be 4.54%, and in the following years 4.35%, 4.2% .... That is, its inflation will approach to 3% within 10 years, https://i.imgur.com/cPkG6tf.jpg. This is acceptable even without increasing users or investors.
If you agree on this, let all the people know
joke
It started as a joke, but it's just a serious coin that wants to look like a joke. In fact it is a great advantage since it includes fun, friendliness, and opportunities to be tipped. That's why it attracts so many users and has real support based on people, not just a mere investment product that can be discarded when this is no longer useful to obtain revenues. Dogecoin is a real coin..
High Supply
There are many billions of coins, and every year the market is flooded with more and more billions. But this is just one unit of arbitrary measurement. If we use the MegaDoge as a fundamental unit, we have that each of them is worth approximately $8,000, and there is a total of 112,426 MÐ. This is a lot less coins than Bitcoin, does that sound better?
Inflationary
Yes, dogecoin has lost value by approximately 5% during this year due to inflation. How much has been revalued? Does this investor really worry 5%? But it is also will not always be 5%, in fact it was 4.76% in 2017, in 2018 it will be 4.54%, and in the following years 4.35%, 4.2% .... That is, its inflation will approach to 3% within 10 years, https://i.imgur.com/cPkG6tf.jpg. This is acceptable even without increasing users or investors.
If you agree on this, let all the people know
26
Dogecoin Forum / Video Contest: 18 million DOGE to celebrate “2018: The Year of the Doge”
« on: December 20, 2017, 09:58:03 AM »2018 will be the year of the Dog in the Chinese lunar calendar. China will celebrate the new year on Feb 16th 2018, the most popular holiday in the Asian country.
To commemorate the date, I am donating 18 million DOGE in prizes to create a <1 minute VIDEO that will feature prominently how Dogecoin is going to bring joy and prosperity to every human soul in 2018 The address that contains the prize amount is https://dogechain.info/address/DCeu2ncU2YCtsvwSNxi6Hnthh3onbsJe3A . For those who don’t know me, I was mostly active in the Dogecoin community in 2014 (https://www.dailydot.com/business/dogefreedom-bill-gates-dogecoin/) and I am still in deep love with what Dogecoin represents: caring and sharing in the crypto space.
How to participate
Create a fun video about Dogecoin. It doesn’t need to make a lot of sense or be professional, it just needs to be FUN. Example:
The video needs to be under 1 minute and 20 MB.
Send the video file (under 20 MB) to the email address [email protected] together with your Dogecoin address where you would like to receive the prize in case you win.
I will upload the video together with your address on YouTube and Youku.com (the Chinese video sharing site)
Share the Youtube/Youku URL in social media to spread the word
Dates
Submit your video before January 15th midnight PST to [email protected]. I will respond as soon as I upload the video with your URL.
From January 15th to February 15th promote the Youtube/Youku URLs as much as possible
On February 16th 9 AM PST I will announce the winners and submit the Dogecoin payments to the Dogecoin addresses they provided
Prizes
There are 5 different prizes:
• Jury Prize: 6 million DOGE to the video selected by the jury as the most FUN and representative of the Dogecoin spirit.
• Youtube Views Prize: 3 million DOGE to the video that gathers the most views from Jan 15th to Feb 15th in the official TheYearOfTheDoge account
• Youtube Comments Prize: 3 million DOGE to the video that gathers the most comments from Jan 15th to Feb 15th in the official TheYearOfTheDoge account
• Youku Views Prize: 3 million DOGE to the video that gathers the most views from Jan 15th to Feb 15th in the official TheYearOfTheDoge account
• Youku Comments Prize: 3 million DOGE to the video that gathers the most comments from Jan 15th to Feb 15th in the official TheYearOfTheDoge account
We might use any of the videos that participate in the contest as promotional content or even in a TV commercial if opportunity arises.
FAQ
Who can participate?
Anyone that loves Dogecoin and has a Dogecoin address to receive the prizes The participants can be anonymous if they’d like to.
Can I upload my video to my own Youtube/Youku account?
Yes, you can, however those views and comments won’t be counted towards the comments/views prizes. For the views and comments prizes, we will only count the metrics from the official TheYearOfTheDoge account, so please make sure to send your video file to [email protected] email address so we can upload it to the official account.
Will you upload the participating videos before Jan 15th?
We won’t upload the full videos we receive until Jan 15th so all competitors have equal chances. However, we might upload 10 second teasers to generate excitement (those views/comments won’t be counted towards the prizes).
Do I need to show the Dogecoin logo in the video?
Yes, Dogecoin needs to be a central part of the story in the video.
Can I help if I am not going to participate in the contest?
Yes! Please SHARE this post in Twitter, Facebook and among your contacts.
Please SEND this post to all the crypto media outlets and ask them to write an article about the 2018: THE YEAR OF THE DOGE contest!
Please SEND this post to any Youtuber, creative agency, artist, professional or amateur that you think has the talent to participate.
Subscribe to YouTube Channel <-- Subscribe
THANK YOU FOR YOUR HELP! Much love fellow Shibes!
To commemorate the date, I am donating 18 million DOGE in prizes to create a <1 minute VIDEO that will feature prominently how Dogecoin is going to bring joy and prosperity to every human soul in 2018
The address that contains the prize amount is https://dogechain.info/address/DCeu2ncU2YCtsvwSNxi6Hnthh3onbsJe3A . For those who don’t know me, I was mostly active in the Dogecoin community in 2014 (https://www.dailydot.com/business/dogefreedom-bill-gates-dogecoin/) and I am still in deep love with what Dogecoin represents: caring and sharing in the crypto space.How to participate
Create a fun video about Dogecoin. It doesn’t need to make a lot of sense or be professional, it just needs to be FUN. Example:
The video needs to be under 1 minute and 20 MB.
Send the video file (under 20 MB) to the email address [email protected] together with your Dogecoin address where you would like to receive the prize in case you win.
I will upload the video together with your address on YouTube and Youku.com (the Chinese video sharing site)
Share the Youtube/Youku URL in social media to spread the word
Dates
Submit your video before January 15th midnight PST to [email protected]. I will respond as soon as I upload the video with your URL.
From January 15th to February 15th promote the Youtube/Youku URLs as much as possible
On February 16th 9 AM PST I will announce the winners and submit the Dogecoin payments to the Dogecoin addresses they provided
Prizes
There are 5 different prizes:
• Jury Prize: 6 million DOGE to the video selected by the jury as the most FUN and representative of the Dogecoin spirit.
• Youtube Views Prize: 3 million DOGE to the video that gathers the most views from Jan 15th to Feb 15th in the official TheYearOfTheDoge account
• Youtube Comments Prize: 3 million DOGE to the video that gathers the most comments from Jan 15th to Feb 15th in the official TheYearOfTheDoge account
• Youku Views Prize: 3 million DOGE to the video that gathers the most views from Jan 15th to Feb 15th in the official TheYearOfTheDoge account
• Youku Comments Prize: 3 million DOGE to the video that gathers the most comments from Jan 15th to Feb 15th in the official TheYearOfTheDoge account
We might use any of the videos that participate in the contest as promotional content or even in a TV commercial if opportunity arises.
FAQ
Who can participate?
Anyone that loves Dogecoin and has a Dogecoin address to receive the prizes The participants can be anonymous if they’d like to.
Can I upload my video to my own Youtube/Youku account?
Yes, you can, however those views and comments won’t be counted towards the comments/views prizes. For the views and comments prizes, we will only count the metrics from the official TheYearOfTheDoge account, so please make sure to send your video file to [email protected] email address so we can upload it to the official account.
Will you upload the participating videos before Jan 15th?
We won’t upload the full videos we receive until Jan 15th so all competitors have equal chances. However, we might upload 10 second teasers to generate excitement (those views/comments won’t be counted towards the prizes).
Do I need to show the Dogecoin logo in the video?
Yes, Dogecoin needs to be a central part of the story in the video.
Can I help if I am not going to participate in the contest?
Yes! Please SHARE this post in Twitter, Facebook and among your contacts.
Please SEND this post to all the crypto media outlets and ask them to write an article about the 2018: THE YEAR OF THE DOGE contest!
Please SEND this post to any Youtuber, creative agency, artist, professional or amateur that you think has the talent to participate.
Subscribe to YouTube Channel <-- Subscribe
THANK YOU FOR YOUR HELP! Much love fellow Shibes!
27
Dogecoin Forum / Why Dogecoin When There is Bitcoin and Litecoin? This is Why...
« on: December 18, 2017, 04:00:47 PM »In the past, I tried to move some bitcoin around, wow, what a hassle that was. My coins got stuck because I did not pay a high enough fee. And then I had to research on how to make the fee higher and resubmit the payment. Only to find out the cost of sending the transaction was now going to cost several dollars. This is where doge excels, you can send payments for only a fraction of a penny and a fraction of the time that it takes to send via bitcoin and litecoin. I suggest you make a small investment in all coins(Doge, litecoin, bitcoin) and try moving them around from wallet to wallet. You'll see that Doge is truly a rocket ship when compared to others.
Here's a list of reasons I love Doge:
Capable of 9 times as many transactions as Bitcoin in a 10 minute period.
Capable of 2 times more transactions as Litecoin in a 2 1/2 minute period. Frankly if payment processors had adopted Doge in the past year current Bitcoin block discussions would be irrelevant. Anyone who has watched these discussions understands the immediate advantage of a network with larger transaction capabilities. Doge does this best.
Faster confirmation times. Bitcoin has a block every 10 minutes, Litecoin has a block every 2 1/2 minutes, while Doge has a block every. single. minute. We blow the other coins away when it comes to confirmation times. This way you can get on with your business in this fast paced world and not be sitting around waiting for confirmations like you would with other coins. Again, Doge does this best.
Blocks are not full. We have plenty of room to grow. We are in a very good position to watch Bitcoin and Litecoin work out the scaling issue, I consider Bitcoin and Litecoin our testing grounds.
The faster block time of Doge reduces the risk of double spending attacks.
A fast, well established network. Current Hashrate is 65.7 TH/s. Since scrypt is memory intensive it is known to be approximately 1000 times slower hardware wise in comparison to SHA256. Fair comparison to the Bitcoin network requires multiplying that hashrate by 1000 (65,700TH/s). Those comparing it to the Bitcoin network without considering this 1k factor are either being disingenuous or just ignorant of the facts.
A dev team that has focused on keeping a stable, well working coin. Not always looking for the newest bells and whistles that will pump a coin. But instead keeping the coin as stable and as fine tuned as possible. Rest assured that Doge is always going to work, and work well.
Longevity. Doge has been around for many years and is well established. With a huge community backing it.
Fully supported by GoCoin a growing merchant payment processor used by thousands of merchants https://www.gocoin.com/ and we are also supported by https://coinpayments.net.
Liquidity. You can sell 10's of thousands of dollars worth of doge and not crash the market. Maintains value. Doge coins liquidity is steadily increasing.
The speed, liquidity and value of Doge is useful to traders seeking arbitrage opportunities between exchanges.
It's primary function is to be a digital currency. And this function it does well, arguably better then any coin out there.
It will always maintain the integrity of the blockchain (no hard forks for special interests).
Security.
And have you see our dog?
It's easy to see, Doge does everything better then bitcoin and litecoin. We are faster, cheaper, and even more friendlier. We love our coin and we love our community. This is one of the most altruistic communities I have ever seen.
There is no doubt that bitcoin and litecoin are great. All three coins(Dogecoin, Litecoin, Bitcoin) are built on the same exact technology. It's just that Dogecoin came a little bit later then bitcoin and litecoin, so we were able to fine tune our coin with the correct specifications to make it a more exceptional coin. I believe all three coins are great and there is a place for all of us here, I just feel that doge is greater due to our 1 minute block time and the awesome community and dev team backing it.
Make no mistake, we do digital currency right.
TLDR: With 1 minute block times, Dogecoin is faster, cheaper, and a much better digital currency then bitcoin and litecoin. Basically, we are no joke.
Here's a list of reasons I love Doge:
Capable of 9 times as many transactions as Bitcoin in a 10 minute period.
Capable of 2 times more transactions as Litecoin in a 2 1/2 minute period. Frankly if payment processors had adopted Doge in the past year current Bitcoin block discussions would be irrelevant. Anyone who has watched these discussions understands the immediate advantage of a network with larger transaction capabilities. Doge does this best.
Faster confirmation times. Bitcoin has a block every 10 minutes, Litecoin has a block every 2 1/2 minutes, while Doge has a block every. single. minute. We blow the other coins away when it comes to confirmation times. This way you can get on with your business in this fast paced world and not be sitting around waiting for confirmations like you would with other coins. Again, Doge does this best.
Blocks are not full. We have plenty of room to grow. We are in a very good position to watch Bitcoin and Litecoin work out the scaling issue, I consider Bitcoin and Litecoin our testing grounds.
The faster block time of Doge reduces the risk of double spending attacks.
A fast, well established network. Current Hashrate is 65.7 TH/s. Since scrypt is memory intensive it is known to be approximately 1000 times slower hardware wise in comparison to SHA256. Fair comparison to the Bitcoin network requires multiplying that hashrate by 1000 (65,700TH/s). Those comparing it to the Bitcoin network without considering this 1k factor are either being disingenuous or just ignorant of the facts.
A dev team that has focused on keeping a stable, well working coin. Not always looking for the newest bells and whistles that will pump a coin. But instead keeping the coin as stable and as fine tuned as possible. Rest assured that Doge is always going to work, and work well.
Longevity. Doge has been around for many years and is well established. With a huge community backing it.
Fully supported by GoCoin a growing merchant payment processor used by thousands of merchants https://www.gocoin.com/ and we are also supported by https://coinpayments.net.
Liquidity. You can sell 10's of thousands of dollars worth of doge and not crash the market. Maintains value. Doge coins liquidity is steadily increasing.
The speed, liquidity and value of Doge is useful to traders seeking arbitrage opportunities between exchanges.
It's primary function is to be a digital currency. And this function it does well, arguably better then any coin out there.
It will always maintain the integrity of the blockchain (no hard forks for special interests).
Security.
And have you see our dog?
It's easy to see, Doge does everything better then bitcoin and litecoin. We are faster, cheaper, and even more friendlier. We love our coin and we love our community. This is one of the most altruistic communities I have ever seen.
There is no doubt that bitcoin and litecoin are great. All three coins(Dogecoin, Litecoin, Bitcoin) are built on the same exact technology. It's just that Dogecoin came a little bit later then bitcoin and litecoin, so we were able to fine tune our coin with the correct specifications to make it a more exceptional coin. I believe all three coins are great and there is a place for all of us here, I just feel that doge is greater due to our 1 minute block time and the awesome community and dev team backing it.
Make no mistake, we do digital currency right.
TLDR: With 1 minute block times, Dogecoin is faster, cheaper, and a much better digital currency then bitcoin and litecoin. Basically, we are no joke.
29
Dogecoin Forum / Is this the indication to the moon? 🚀🚀🚀 Here we go! 🚀🚀🚀
« on: December 16, 2017, 06:18:08 PM »
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG