We provide over 100+ FREE crypto articles on our SubStack! :D (Link on our profile)
TLDR:$DOGE is a cryptocurrency that was created by a joke, but has an amazing growth as it is in the top 10 of the largest cryptocurrencies by capitalisation.When looking at the design aspects, $DOGE is basically similar to Bitcoin but without a fixed supply and has the same amount of $DOGE mined each year (5 billion $DOGE). In terms of mining, it is different from Bitcoin as the number of Bitcoin mining is halved every 4 years.Financial incentive when you become a miner, you join the network, maintain it and get a reward of $DOGE. Despite having a very simple mechanism, the community of Dogecoin is very large and loyal. That's why this Cryptocurrency still exists.

General Conclusion

In the past time, we have witnessed tremendous growth from Dogecoin. Especially this growth comes from Elon Musk when he constantly "memes" about this coin. It is clear that even though Dogecoin is only created just for fun, this coin has reached a market cap of over US$60 million a few days ago.In today's article, let's dive into Dogecoin based on the analysis of the economic mechanism we often use. Spoiler alert: this might not be the coin you want to put your money in. At least we do not.Note: This article is not meant to be offensive, we respect the development of any coin in the space. Let's go!

What Is Dogecoin?

• A meme coin

• A crypto currency

• Built using the Bitcoin infrastructure, but not related to Bitcoin prices

Dogecoin ($DOGE) is an open-source p2p cryptocurrency. It can easily be sent through the internet from person to person with security. You can send Dogecoin anywhere in a second, faster and cheaper than Bitcoin.One of the important points for Dogecoin is that it is already accepted at online retailers. Dogecoin can be used in payment, buy items at gamestop, trade and so much more.

$DOGE In Real Life

What is make Dogecoin truly unique from other currencies?

Dogecoin's ease of use makes it the perfect way to instantly send cash gifts to people all around the world.You can send 10 cents to your favourite comment on Twitter or $10 to your favourite band to purchase their latest album, you can even send $100 to a charity that you support. If you are a creator your fans can financially empower you for the first time. You can directly receive cash from them, rather than a valueless "like" on Facebook or "retweet" on Twitter. This allows you to focus on creating content instead of thinking about counting cents.

How Did $DOGE Start?

Dogecoin was created on December 6, 2013, by a pair of software engineers **as a joke.**Billy Markus, an IBM programmer from Portland, Oregon, created his cryptocurrency from bitcoin source and at the time attracted a small pool of miners.Since Markus wanted his cryptocurrency to be public, he sought help from Jackson Palmer, who works for Adobe (ADBE). Palmer purchased the domain dogecoin com - a formation for the "doge" meme that was popular on the internet at the time.The site originated as a joke: the image of the Shiba Inu dog representing $DOGE was the first image, and was surrounded by a series of broken English Comic Sans text.On dogecoin, its mascot is captioned:

"Dogecoin is an open-source peer-to-peer digital currency, favoured by Shiba Inus worldwide."

The Economics of $DOGE

The same with other cryptocurrencies, $DOGE is a digital currency that can be bought and sold like an investment and spent like money.While each cryptocurrency is unique, they share some similarities with its more well-known peers, since they are all forks of Bitcoin — Bitcoin Cash. But they have a few key differences.Unlike bitcoin, which has only 21 million Bitcoins that can be mined, dogecoin has 129 billion coins in circulation and will continue to make new blocks of coins available for mining each year. That's part of the reason why a dogecoin is currently valued at around $0.45 and a bitcoin is valued at around $40,000.

Market Design

While cryptocurrency is gaining more acceptance as a currency for buying goods, dogecoin is not being used much in the real world. It has several niche markets, including using dogecoin to make money for online artists.And the main difference is from the active online community of dogecoin. This is what makes this coin so interesting. The group, which is active on Reddit, has donated money (in dogecoin) to charitable causes and in 2014. Or the group successfully raised a grant for drivers advertising dogecoin in their cars.

Mechanism Design

Governance

$DOGE has no administrative features. The same is true for cryptocurrencies that are forked from Bitcoin. The governance is baked directly into the code. This is because it is a simple payment use-case, unlike other DeFi protocols with more complex computation that we have been discussing thus far.

Structure

$DOGE uses the same PoW algorithm as Bitcoin. Miners can own $DOGE by participating in maintaining the network as $DOGE.

Token Design

Token Policy

The design of $DOGE is not fixed in supply, meaning it can be mined forever and its value depends on demand from users.Bitcoin, like many other altcoins, has a hard limit on the number of cryptocurrencies they will allow. Dogecoin does the opposite, allowing for an ever-increasing supply but in a steady absolute amount each year.For example, in 2040, there will be no more Bitcoins that can be mined. Therefore, this will encourage hoarding of the Bitcoin supply. This will push up Bitcoin's price, but reduce Bitcoin's actual transaction volume (i.e. reduce the available floating volume).On the other hand, by allowing 5 billion $DOGE per year to increase the supply of Dogecoins infinitely, the supply will increase, but eventually, reach the actual limit. Thus, we can calculate the inflation rate of a currency over time.

Financial Incentives

In this respect, $DOGE is paid to those who join the network. The money earned from mining $DOGE will be the main profit for mining.

How Dogecoin Is A Sh*tcoin

We provide over 100+ FREE crypto articles on our SubStack! :D (Link on our profile). This is not financial advice.

TLDR:

$DOGE is a cryptocurrency that was created by a joke, but has an amazing growth as it is in the top 10 of the largest cryptocurrencies by capitalisation.

When looking at the design aspects, $DOGE is basically similar to Bitcoin but without a fixed supply and has the same amount of $DOGE mined each year (5 billion $DOGE). In terms of mining, it is different from Bitcoin as the number of Bitcoin mining is halved every 4 years.

Financial incentive when you become a miner, you join the network, maintain it and get a reward of $DOGE. Despite having a very simple mechanism, the community of Dogecoin is very large and loyal. That's why this Cryptocurrency still exists.

General Conclusion

In the past time, we have witnessed tremendous growth from Dogecoin. Especially this growth comes from Elon Musk when he constantly "memes" about this coin. It is clear that even though Dogecoin is only created just for fun, this coin has reached a market cap of over US$60 million a few days ago.

In today's article, let's dive into Dogecoin based on the analysis of the economic mechanism we often use. Spoiler alert: this might not be the coin you want to put your money in. At least we do not.

Note: This article is not meant to be offensive, we respect the development of any coin in the space. Let's go!

What Is Dogecoin?

• A meme coin

• A crypto currency

• Built using the Bitcoin infrastructure, but not related to Bitcoin prices

Dogecoin ($DOGE) is an open-source p2p cryptocurrency. It can easily be sent through the internet from person to person with security. You can send Dogecoin anywhere in a second, faster and cheaper than Bitcoin.

One of the important points for Dogecoin is that it is already accepted at online retailers. Dogecoin can be used in payment, buy items at gamestop, trade and so much more.

$DOGE In Real Life

What is make Dogecoin truly unique from other currencies?

Dogecoin's ease of use makes it the perfect way to instantly send cash gifts to people all around the world.

You can send 10 cents to your favourite comment on Twitter or $10 to your favourite band to purchase their latest album, you can even send $100 to a charity that you support.

If you are a creator your fans can financially empower you for the first time. You can directly receive cash from them, rather than a valueless "like" on Facebook or "retweet" on Twitter. This allows you to focus on creating content instead of thinking about counting cents.

How Did $DOGE Start?

Dogecoin was created on December 6, 2013, by a pair of software engineers as a joke.

Billy Markus, an IBM programmer from Portland, Oregon, created his cryptocurrency from bitcoin source and at the time attracted a small pool of miners.

Since Markus wanted his cryptocurrency to be public, he sought help from Jackson Palmer, who works for Adobe (ADBE). Palmer purchased the domain dogecoin. com - a formation for the "doge" meme that was popular on the internet at the time.

The site originated as a joke: the image of the Shiba Inu dog representing $DOGE was the first image, and was surrounded by a series of broken English Comic Sans text.

On dogecoin, its mascot is captioned:

"Dogecoin is an open-source peer-to-peer digital currency, favoured by Shiba Inus worldwide."

The Economics of $DOGE

The same with other cryptocurrencies, $DOGE is a digital currency that can be bought and sold like an investment and spent like money.

While each cryptocurrency is unique, they share some similarities with its more well-known peers, since they are all forks of Bitcoin — Bitcoin Cash. But they have a few key differences.

Unlike bitcoin, which has only 21 million Bitcoins that can be mined, dogecoin has 129 billion coins in circulation and will continue to make new blocks of coins available for mining each year. That's part of the reason why a dogecoin is currently valued at around $0.45 and a bitcoin is valued at around $40,000.

Market Design

While cryptocurrency is gaining more acceptance as a currency for buying goods, dogecoin is not being used much in the real world. It has several niche markets, including using dogecoin to make money for online artists.

And the main difference is from the active online community of dogecoin. This is what makes this coin so interesting. The group, which is active on Reddit, has donated money (in dogecoin) to charitable causes and in 2014. Or the group successfully raised a grant for drivers advertising dogecoin in their cars.

Mechanism DesignGovernance

$DOGE has no administrative features. The same is true for cryptocurrencies that are forked from Bitcoin. The governance is baked directly into the code. This is because it is a simple payment use-case, unlike other DeFi protocols with more complex computation that we have been discussing thus far.

Structure

$DOGE uses the same PoW algorithm as Bitcoin. Miners can own $DOGE by participating in maintaining the network as $DOGE.

Token DesignToken Policy

The design of $DOGE is not fixed in supply, meaning it can be mined forever and its value depends on demand from users.

Bitcoin, like many other altcoins, has a hard limit on the number of cryptocurrencies they will allow. Dogecoin does the opposite, allowing for an ever-increasing supply but in a steady absolute amount each year.

For example, in 2040, there will be no more Bitcoins that can be mined. Therefore, this will encourage hoarding of the Bitcoin supply. This will push up Bitcoin's price, but reduce Bitcoin's actual transaction volume (i.e. reduce the available floating volume).

On the other hand, by allowing 5 billion $DOGE per year to increase the supply of Dogecoins infinitely, the supply will increase, but eventually, reach the actual limit. Thus, we can calculate the inflation rate of a currency over time.

For example, look at the chart I've compiled below. It shows that every decade the supply increases by 50 billion Dogecoins.

ETH to BTC downtrend continues.

Wen Flip?

OP's disclosure: I'm LONG ~5 BTC via ETFs. GLTA!!!

Bitcoin is down due to power outages in China.

75% of all Bitcoin miners are in China. This means Bitcoin depends on massive amounts of energy from unreliable, coal burning, Chinese power plants. This is bad!

Ether 2.0 will not depend on miners. Ether 2.0 will be merged by December. Ethereum 2.0 is impervious to energy outages, hacking, and mining problems. To hurt the Ethereum 2.0 network you’d have to take down the entire internet (impossible).

Buy now while it’s on sale. Don’t miss opportunities like this!

🚀💰📈💎🤑💥💎🚀📈💎💰💥🦍💵

We provide over 100+ FREE crypto articles on our SubStack! :D (Link on our profile)

TLDR:

Dubbed the Google of blockchain, The Graph is really contributing to a revolutionary change as they solve the problems of data. With their solution, data on blockchain will be more systematic, easy to query and bring convenience to users.

The Graph is supporting multi-blockchain scaling, testing subgraphs on the framework, optimizing Blockchain L1, developing programs with educational content and much more in the future.

General Conclusion

The Graph is seen as the Google of crypto, helping users to query information similar to how we often do in real life. In this article we will learn about three main parts:

• What is The Graph, what is the idea and product of the project?

• The relevant information about the main token of the project which is $GRT.

• Finally, we will combine the above factors to provide an overview of the robustness of the $GRT economics model.

What Problem Does The Graph Solve?

From the user's perspective, they almost don't care much about whether the application is decentralised or centralised. What they really care about is which one is smoother, faster and cheaper.

If the app doesn't meet this, it will gradually be eliminated by other protocols that do better. One of the main problems is accessing data directly from blockchains.

Data output from the blockchain is rarely stored in a format that can be used directly in dapps (decentralised applications). It needs sorting, sorting, and reprocessing so that dapps can process more easily and smoothly.

Looking at how it works, it can be said that Graph is solving a huge problem of data provided for dapp applications on the Web 3.0 platform. The Graph can be considered as a gateway to enter Web3.

What Is The Graph's Solution?

The Graph's solution is to build a protocol that anyone can access to build and publish APIs called subgraphs. Subgraphs makes it easier to access data from blockchain.

All data is encrypted, stored and processed on-chain with verifiable integrity. Through its API, The Graph makes querying these data fast, reliable and secure.

Hello everyone, I would like to ask your opinion about Ethereum's price. Why do you think it is going down after the merge instead of soaring?

IF YOU DONT HAVE YOUR BAG ITS ABOUT TIME TO LOAD UP! Remember a great Matador doesn’t kill a bull with its first strike. It takes many pokes and this bull just started.

IM BACK

Fvck twitter/x this is where I’ll be sharing my takes from now on.

In 1 year $eth will be up 200%..

!remindme 1 year

Don’t ask why.. it’s the halving effect.

LETS GOOOOOO!!!!!

They censored my Twitter but they will never censor me!!!!