Dogecoin

Dogecoin (DOGE) is an open-source peer-to-peer cryptocurrency that operates on a blockchain using Scrypt proof-of-work consensus to enable digital transaction processing and validation. It was launched in December 2013 by software engineers Billy Markus and Jackson Palmer as a satirical project inspired by the Doge internet meme, with its protocol adapted from Litecoin and Luckycoin. The DOGE token serves as a digital currency for peer-to-peer payments, tipping, and microtransactions, with new units issued as fixed block rewards to miners.

• Billy MarkusCo-creator / original creator
  • https://x.com/BillyM2k
• Jackson PalmerCo-creator
  • https://x.com/ummjackson

Dogecoin has an uncapped total supply with a fixed annual issuance of exactly 5 billion DOGE through a block reward of 10,000 DOGE per block (approximately 1-minute block times). The token launched with 100% of supply distributed via mining and no pre-mine, ICO, team allocation, treasury, or investor shares. It maintains a predictable inflationary schedule with no vesting, locks, or burns documented in official sources. DOGE serves primarily as a medium of exchange for payments and transfers on its proof-of-work network.

1. December 6, 2013
   Dogecoin Launched as Meme Cryptocurrency
   Billy Markus and Jackson Palmer launched Dogecoin on December 6, 2013, as a joke cryptocurrency forked from Litecoin featuring the Doge meme. It quickly gained an online community with over one million visitors to its site in the first 30 days.
2. January 2014
   Jamaican Bobsled Team Fundraiser
   The Dogecoin community raised over $30,000 in Dogecoin through the Dogesled initiative to send the Jamaican bobsled team to the 2014 Sochi Olympics. This demonstrated early charitable use cases for the token.
3. 2014
   Founders Depart Development Efforts
   Billy Markus and Jackson Palmer stepped away from active development in 2014. A Dogecoin Core Development team was subsequently formed to continue maintenance.
4. March 2014
   Mining Reward Schedule Changed
   Dogecoin transitioned from random mining rewards to a static reward schedule. This change standardized block rewards for miners.
5. Summer 2019
   Binance Lists Dogecoin
   The cryptocurrency exchange Binance listed Dogecoin for trading. This increased accessibility and liquidity for the token.
6. April 2, 2019
   Elon Musk Changes Twitter Bio to Dogecoin
   Elon Musk updated his Twitter bio to 'CEO of Dogecoin,' boosting visibility. The action contributed to short-term price increases.
7. May 5, 2021
   Dogecoin Reaches Peak Market Capitalization
   Dogecoin attained a market capitalization exceeding US$85 billion amid widespread community enthusiasm and social media attention. The surge reflected its growing recognition as a major cryptocurrency.
8. August 14, 2021
   Dogecoin Foundation Re-established
   The Dogecoin Foundation was re-established with a renewed focus on ecosystem support, including advisors such as Vitalik Buterin. This formalized ongoing governance and development efforts.
9. October 29, 2021
   Partnership with TeamSeas Campaign
   The Dogecoin Foundation partnered with MrBeast and Mark Rober for the TeamSeas initiative aiming to raise funds for ocean cleanup. The collaboration highlighted charitable applications of the token.

• officialWebsite
• officialFoundation
• githubGitHub
• twitterTwitter
• twitterFoundation Twitter
• discordDiscord