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Initially created as a joke based on the "Doge" meme featuring a Shiba Inu named Kabosu, it quickly grew in popularity.

Dogecoin runs on a decentralised blockchain, using Proof-of-Work (PoW) and the Scrypt algorithm, making it less energy-intensive than Bitcoin.

Its key uses include tipping content creators, donations, and payments for goods and services.

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Despite its humorous origins, Dogecoin has developed a strong community and growing ecosystem, with ongoing development by the Dogecoin Core team and governance provided by the Dogecoin Foundation.

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Dogecoin remains a unique digital asset with widespread community support.Unlike the case with many other cryptocurrencies, the founders of dogecoin didn’t launch a public sale or “premine” coins prior to the token’s launch.

Instead, a total supply limit of 100 billion coins was set and anyone with a laptop or smartphone could begin mining doge immediately.What was also unique about dogecoin was its block reward schedule.

Copying another project’s schedule called LuckyCoin, doge block rewards were completely random, meaning miners could receive anything from 0 to 1 million doge for mining a single block.

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