All About Dogecoin
The founders say Dogecoin is not like Bitcoin, where people don't get involved for speculation, but to express feelings of sharing and concern. This also created that at the beginning of the dogecoin transmission channels are based on people-to-people sharing.
Jackson Palmer, co-founder of Dogecoin, advises MOBIUS.
Shortly after bitcoin's launch in 2009, there were relatively few competitors in the market, including cryptocurrencies such as Litecoin, Ripple and Dogecoin. Because of the complexity of introducing cryptocurrencies on the market, the industry will not grow much until around 2016.
Technically, Dogecoin is actually a faction with Litecoin, which is based on the Scrypt algorithm and, like Litecoin, is easier to trade than Bitcoin, and they have more numbers, with Dogecoin digging up to 100 billion, compared with 21 million bitcoins.