Disclaimer: Invest.net would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All derived (stocks, indexes, futures), cryptocurrencies, and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Invest.net doesn't bear any responsibility for any trading losses you might incur as a result of using this data.

Invest.net or anyone involved with Invest.net will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Dogecoin


Dogecoin is the cryptocurrency of the internet, a kind of digital currency that you can use to buy and sell goods. It is used in transactions that are in many cases a lot like tipping, or gifting - only with Dogecoin they're completely digital.

More About Dogecoin

Continue reading to learn more about:

Cryptocurrencies
Cryptography
What is dogecoin used for
What sets Dogecoin apart from other cryptocurrencies
Additional Dogecoin information


1 Step 1
keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right

Cryptocurrencies


Cryptocurrencies refers to digital currencies that uses cryptography for security.The first cryptocurrency was named Bitcoin. It was released as open-source software in 2009, and it was developed by Satoshi Nakamoto. Since then, many other cryptocurrencies have been created; so far, more than 800 cryptocurrencies are known today. Litecoin and Dogecoin are some other examples of cryptocurrencies which went viral shortly after their release in 2011 and 2013 respectively.


 
 

Cryptography


Cryptography is used to secure the transactions and to control the creation of new coins. It refers to the practice and study of techniques for secure communication in the presence of third parties that can potentially monitor or alter the message. In other words, Cryptography is a set of tools used to protect information from unintended recipients.

 

What is dogecoin used for

•Dogecoin is a type of cryptocurrency similar to Bitcoin. You can use Dogecoin to buy things, or trade it for other currencies (both existing ones or other cryptocurrencies).
•It is a decentralized, peer-to-peer digital currency that enables you to easily send money online. Think of it as "the internet currency." It enables customers to easily conduct transactions with each other online, with flexibility and security.
 
  • What sets Dogecoin apart from other cryptocurrencies

    What makes Dogecoin different from Bitcoin and other cryptocurrencies is that it was created to initially help reach a broader demographic than Bitcoin. For instance because it used a shorter script hash algorithm, around 80% of the worlds computers were able to mine Dogecoins when it started.
  • Additional Dogecoin information

    Dogecoin is a cryptocurrency featuring a likeness of the Shiba Inu dog from the "Doge" Internet meme as its logo. Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014.