What is the blockchain that Dogecoin is built on?

3 answers

• Jan 05, 2022 · 3 years ago
  Dogecoin is built on its own blockchain, which is a decentralized and public ledger. It uses a proof-of-work consensus algorithm, similar to Bitcoin. This means that transactions are verified by miners who solve complex mathematical problems to add new blocks to the blockchain. The Dogecoin blockchain is known for its fast block time and low transaction fees, making it popular for microtransactions and tipping online content creators.
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• Jan 05, 2022 · 3 years ago
  The blockchain that Dogecoin is built on is called the Dogecoin blockchain. It is a digital ledger that records all transactions made with Dogecoin. Like other blockchains, it is decentralized, meaning that no single entity has control over it. The Dogecoin blockchain uses a proof-of-work algorithm to secure the network and validate transactions. It is open-source, which means that anyone can view and contribute to its development.
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• Jan 05, 2022 · 3 years ago
  Dogecoin is built on its own blockchain, which is a decentralized and public ledger. It was created as a fun and lighthearted cryptocurrency, based on the popular Doge meme. The blockchain technology behind Dogecoin ensures the security and immutability of transactions. It allows users to send and receive Dogecoin securely, without the need for intermediaries like banks. The Dogecoin blockchain has gained a strong and supportive community, making it one of the most well-known and widely used cryptocurrencies.
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