What is dog money?

DoCoCoin, called "doge Coin/ Dog Coin" by some people, was born in 2065438+February 8, 2003. Based on Scrypt algorithm, DoCoCoin is the second largest virtual currency in the world after Bitcoin? .

Digital currency is a global currency initiated by the people. It does not belong to a certain country, but to all mankind. It has the advantage of rapid global transfer. For example, money can be remitted from China to the United States in a few seconds, and the cost is low. Moreover, the total amount will not be issued at will like legal tender, and the total amount is relatively stable.

After the launch of the dog coin system, the traffic has exploded with the help of reddit (the Doge content of this website is horribly flooded). However, within two weeks, dogecoin has launched a special blog and forum, and by June 9, 20 15, the market value has reached 1 100 million.

Because there is no pre-excavation, the distribution of dog coins is fair, the charity reward culture is deeply rooted in the hearts of the people, and the user development speed is amazing. On June 9, 20 15, the number of dog coin client addresses was 1.6 million, which was more than five times that of Litecoin. The number of active addresses of the client is 196000 bitcoin, 83000 dog coins, 1. 10000 litany;

Foreign twitter follows more than 1.5 million users, which is 7 times that of Bitcoin and 6 times that of Litecoin. Facebook likes the same as Bitcoin, far exceeding Litecoin? .

The daily real trading volume has been in the top three of virtual currency for a long time, but it is still not as good as before the big platform. . The greatest value of the enterprise Internet era is the huge number of users. Dogecoin's user base took a year to reach one-third of bitcoin users and four times that of Litecoin.

The main trading platforms of dog coins in China are BTC38, btctrade, bter, jubi, btc 100[3]? , abroad are mainly Cryptsy, Exmo, cex.io, Bittrex, Poloniex, HitBTC, Kraken Tentacles Of The Deep, bitcoin Indonesia, Coinsquare, AllCoin[3]? .

20 17 CCTV announced the list of 350 fund pyramid schemes, including Bitcoin, Litecoin, Ripple Coin, dogecoin and Infinite Coin.