#BillyMarkus

[digital-aarena]

SHIB مقابل DOGE من هو الكلب الأعلى في أرض التشفير ؟

SHIB مقابل DOGE من هو الكلب الأعلى في أرض التشفير ؟ على مدار الأشهر القليلة الماضية ، أحدثت عملتان مختلفتان من العملات المشفرة ، وهما shiba inu و dogecoin ، موجات داخل اقتصاد العملة المشفرة. ,, للمزيد من المعلومات تفضل بزياره موقعنا Read the full article

[theblockchaincafe]

What Is Dogecoin? Complete Guide For Crypto Beginners

Dogecoin (DOGE, Ð) is an open-source and peer-to-peer cryptocurrency which was founded in 2013. 2013 is the year when Dogecoin emerged as a joke. DogeCoin was named after a Shibu Inu “doge” meme. Many users and the Internet community post DogeCoin memes online. Billy Markus and Jackson Palmer are the creators of DogeCoin.  History The hope of Billy Markus was to create a fun cryptocurrency which could reach more people as compared to Bitcoin (BTC). He wanted to keep aside the fun cryptocurrency from the controversial history of other cryptocurrencies. A student of a Colorado Community College called Front Range Community College used Twitter to encourage a member of the marketing department of Adobe Systems named Jackson Palmer for bringing the idea into a reality. Jackson Palmer has received various mentions on Twitter. He has purchased a domain named dogecoin.com. A splash screen was added. The logo of DogeCoin was featured by the splash screen. Comic Sans text was scattered by the splash screen. Mark has noticed a site connected with an IRC chat room. When Mark contacted Palmer, then he would have taken efforts for the creation of the fun cryptocurrency. Billy Markus is from Portland, Oregon. He has experience of working at IBM. DogeCoin is based on a cryptocurrency called Luckycoin (LKY). A miner will receive a randomized reward in a Luckycoin-based blockchain. A static block reward is a change in the Luckycoin-based blockchain. The change was done in 2014. While Luckycoin is a Litecoin cryptocurrency. Scrypt technology is used by Litecoin in its consensus algorithm called proof-of-work (PoW). When miners use Scrypt technology, then they will not able to use SHA-256. The miners have to use an integrated circuit called field-programmable gate array (FPGA) and another integrated circuit called an application-specific integrated circuit for mining in a Bitcoin blockchain as it uses SHA-256. The intention of the Dogecoin network was to produce 100 Billion Dogecoins. The later announcement was to produce unlimited Dogecoins. 

Scrypt Technology

Scrypt is pronounced as “ess crypt”. It is a password-based key derivation function (KDF). KDF is defined as the derivation of one or more secret keys from a secret value with the help of a pseudorandom function. A master key, a password, or a passphrase are examples of the secret value. Colin Percival is the founder of a secure online backup service called Tarsnap created Scrypt for Tarsnap. Pseudorandom function is defined as the returning of a pseudorandom output which is indistinguishable from random sequences.  An open standards organization called Internet Engineering Task Force (IETF) published the scrypt algorithm as RFC 7914- The scrypt password-based key derivation function (KDF) in 2016. Many cryptocurrencies use a simplified version of scrypt as a PoW.  In other words, Scrypt is an encryption method which uses a big memory volume and takes huge time for selection. Specialized ASIC miners can find difficulties while mining with Scrypt algorithm. While (CPU) or video cards (GPU) miners will find easy to mine with Scrypt algorithm. Colin Percival created the scrypt algorithm to protect crypto and keep the backup copies of UNIX-like OS. The main purpose of the scrypt algorithm is to artificially complicate the selection of options to solve a cryptographic task. The complication will be done by filling with randomly generated numbers called noises. The work time will be increased in results.  In the scrypt algorithm, the delay can be invisible due to the checking of the key of a user. When a hacker uses an exhaustive search method to break down the core, then the selection of options will be complicated. Operations will take huge time. A Scrypt algorithm-based network will require huge participants and each participant will do their part of work.  You must also know where to mine a scrypt algorithm-based cryptocurrency.  Fewer resources are required in Scrypt algorithm-based mining. Scrypt algorithm-based cryptocurrencies can be mined with multiple tools. Scrypt pool, Scrypt miner CPU and GPU, and Scrypt miner ASIC are the tools. Manufacturers of ASIC equipment tries to implement Scrypt function. The Scrypt hash rate is a must in mining. It depends upon equipment used for mining cryptocurrency. A hash is defined as an output of a hash function. A hash rate is defined as the speed at which a computer takes information and convert it into a certain length called Hash. While a hash function is a mathematical function whose main purpose is to convert information into a certain length.  Miners can use GPU to find a Scrypt hash in order to add a new block in a DogeCoin blockchain. Video cards can perform better than processors. Scrypt miner AMD is one of the best video cards. Assembling a farm of Scrypt miner AMD is not costly. Bigger memory volumes are required by Scrypt mining.  A Scrypt solo mining requires quite large resources. A person can do a Scrypt pool mining. Scrypt pool mining is a community where miners have to share his computing power. Mining works will be distributed equally and profits will also be distributed equally. If you want to find out the best mining pool, then you will have to look out the orientation of mining pools. There are also mining pools who offer to mine multi cryptocurrencies. A miner can jump from one cryptocurrency to another in a mining pool offering multi cryptocurrencies mining. 

Where To Use

Market: Stuffcoins, SuchList, BitcoinShop, DogeStuff's Store, DogeLet, DogEshop, GamerzHeat, and shopDOGE (inactive) Food and Drinks: Strange Donuts, STEEM, Sarah’s Bake, Shop BitBurgers, Burger Bear,and Salts Worldwide Hosting Hosting: Sublime | GC Hosting, Craftonne Hosting, Doge Web Hosting, and AllGamer Goods Goods: Meltdown Comics, Brew City Gardens, Distinguished Imports, Vapeur Canada, Doge Door, Piaf Vintage French, Midwest Cord, Fat Jack's Tash Wax, GoingGlobal, Mineral Pharmacy, and Lucid Posters Fashion: Fyrstikken, Shibeswag, DogeDayz, Fresh Doge, Life Sunglasses, and Threaded Concepts Services: Nodex, Graphix Designer, Super SeedBox, CJS CD Keys, Gamer Shibe, K/Hashes for Cash, PC Repariert, Ads4Doge, and Dogecoin Gift Cards E-books & Audio: Mike Connell Ministries Art: Bad Lizards, Blackbirds Studio, and dogma Portraits Travel: Veloleo Music: Quain Percussion Photography: Joey Stamp Pets: The Diamond Collar Gods Creatures

Cryptocurrency Exchanges

CoinCodex: David Černuta is the CEO and the co-founder of CoinCodex. It is headquartered in Ljubljana, Slovenia. It was founded in 2017. Customers can buy, sell, and trade cryptocurrencies. Kraken: Kraken is a cryptocurrency exchange which was founded in 2011. It is located in San Francisco, California, United States. Customers can buy, sell, and trade cryptocurrencies. Jesse Powell is the CEO and the founder of Kraken. It supports fiat currencies like USD, EUR, GBP, JPY, CAD. Electronic Funds Transfer, Bank transfer (SEPA), and Wire transfer are supported payment options. Bittrex: It supports fiat currencies like USD. Cryptocurrency and Wire transfer are supported payment options. Bill Shihara is the founder and CEO of Bittrex. It is headquartered in ‎Seattle, Washington, United States. Customers can buy, sell, and trade cryptocurrencies. YoBit.net: It is based in Russia, Ohio, United States. 2014 is the year when YoBit.net started its activity. The CEO of YoBit.net is Iyoi Tobi. While Pavel Krymov is the founder of YoBit.net. Customers can buy and sell cryptocurrency. It supports fiat currencies like USD and RUB. AdvCash, Cryptocurrency, Payeer, and Perfect Money are supported payment options. Binance: a. Binance is a blockchain ecosystem which consists of Exchange, Labs, Launchpad, Info, Academy, Trust Wallet, and Blockchain Charity Foundation (BCF). It is headquartered in Asia. b. It is headquartered in Malta. Cryptocurrency is the supported payment option in Binance. Customers can buy, sell, and trade cryptocurrencies. It was founded in 2017. Changpeng Zhao and Yi He are co-founders of Binance cryptocurrency exchange. The CEO of Binance cryptocurrency exchange is Changpeng Zhao.

Dogecoin Wallets

Dogecoin wallets are used to store and secure your Dogecoin. Mentioned below are a few Dogecoin wallets: Hardware Wallet: Ledger Nano X Wallet, Ledger Nano S Wallet, TREZOR One Wallet, TREZOR Model T Wallet, and KeepKey Wallet Mobile Wallet: Jaxx Liberty wallet, Coinomi Wallet, Cryptonator Wallet, and Dogecoin Wallet Desktop Wallet: Atomic Wallet, Jaxx Liberty wallet, and Dogecoin Wallet Web: Jaxx Liberty wallet and Cryptonator Wallet

Market

It is one of the top-thirty cryptocurrencies. At the time of writing, the market cap and price of Dogecoin are $350,163,129 and $0.002901 respectively. While the volume and circulating supply are $18,289,849 and 120,718,103,017 DOGE respectively.  Read the full article

[cryptocurrency24news]

Recently, the co-creator of the prominent meme-inspired #cryptotoken #Dogecoin, Billy Markus, targeted the participants within the #communityofDogecoin #DOGE for continuously endeavoring to devastate the community from within. Initially, Dogecoin was issued on 6th December of 2013. @JacksonPalmer and @BillyMarkus were responsible for the development of this #crypto #token The token is a #peertopeer #digitalcurrency that is based on #decentralized technology and has the logo of “Doge” (a Japan-based breed of dog). After that the fame of this crypto token has considerably increased, particularly during this year, largely because of the support provided by billionaires such as @MarkCuban and the CEO of #SpaceX and #Tesla #Elon Musk making it the 12th among the valuable #cryptos with a market capitalization of more than $25.37B. https://www.instagram.com/p/CX699rcs_wS/?utm_medium=tumblr

[billionairebeat]

Tesla boss Elon Musk reiterates his support for dogecoin.Ringo H.W. Chiu/AP

Tesla CEO Elon Musk voiced support for dogecoin again, this time in a discussion about Web3.He hinted he favors the meme token over bitcoin because the leading crypto only gives power to new rich people.Musk was responding to a Twitter conversation with Jack Dorsey, dogecoin creator Billy Markus, and others.Sign up here for our daily newsletter, 10 Things Before the Opening Bell

Elon Musk has hinted his support for dogecoin comes from the fact the meme coin is powered by a disruptive, grassroots community — unlike bitcoin, with its Wall Street establishment backers.

The Tesla CEO was weighing in on a Twitter discussion about who has power in the crypto world, carried out by bitcoin enthusiast Jack Dorsey and dogecoin creator Billy Markus, among others.

Dorsey elaborated on why he's critical of venture capital's influence on Web3, the next generation of the internet that underpins the likes of the metaverse.

The Block CEO and Twitter cofounder said while he isn't against the Ethereum blockchain, which is at the core of decentralized applications within the Web3 vision, he is opposed to corporate control.

Meanwhile, Markus said: "I mean my goal is to build stuff and make money and have fun. I'm used to the corporate establishment and don't really see any meaningful break away from it — bitcoin just gives power to new rich people."

To that, Musk responded: "That's why I'm pro Doge."

@elonmusk/Twitter

Dogecoin, a meme-inspired cryptocurrency started as a joke in 2013 by software engineers Markus and Jackson Palmer, has shot up in popularity and price this year. Its rise has been fueled by a lighthearted community that backs the altcoin as a form of disruption to Wall Street's established financial institutions.

It's similar in that to this year's Reddit-fuelled trading frenzy, which ignited heavily-shorted stocks like GameStop to send a clear message to the financial elite: power lies even with regular traders. Dogecoin is somewhat seen as a crypto-version of GameStop.

Meanwhile, bitcoin has seen considerable interest not just from retail traders, but also from institutions and other corporate heavyweights — including names like BlackRock and BNY Mellon. Dogecoin hasn't managed to capture similar backing.

Billionaire Musk — who made Newsweek's Disruptor Hall of Fame this year — has been a consistent doge advocate this year. Earlier in December, he announced Tesla would begin accepting dogecoin as payment for some of its merchandise. He first hinted in May that this could happen.

But his support for the dog-themed meme token, rather than bitcoin, also appears rooted in its usefulness. 

"Bitcoin may be a store of value, but it is not a good substitute for transactional currency," Musk told Time magazine after it named him Person of the Year. "Even though it was created as a silly joke, dogecoin is better suited for transactions."

He's also joked that it could become the future of cryptocurrencies. "Fate loves irony," he told celebrity news website TMZ in May. "What would be the most ironic outcome? That the currency that was invented as a joke in fact becomes the real currency."

Although he started tweeting about it in 2019, Musk's heavy endorsements of his "fav cryptocurrency" led to a surge in the token's price this year. Dogecoin hit an all-time high of 73 cents on May 8, according to data from CoinGecko. It was trading at 17 cents per coin at last check on Thursday, and is up 3,634% year-to-date.

Musk has said that his crypto portfolio consists of bitcoin, ether, and dogecoin — "that's it."

Read More: Gen Z and millennials are expected to inherit over $60 trillion in wealth by 2050. Cowen shares 10 stocks to capture the wealth transfer — including 3 expected to surge over 70%.

By: snagarajan@businessinsider.com (Shalini Nagarajan) Title: Elon Musk hints he's a dogecoin fan because bitcoin just gives power to new rich people Sourced From: markets.businessinsider.com/news/currencies/elon-musk-dogecoin-fan-bitcoin-gives-power-rich-jack-dorsey-2021-12 Published Date: Thu, 23 Dec 2021 14:52:42 +0000

https://markets.businessinsider.com/news/currencies/elon-musk-dogecoin-fan-bitcoin-gives-power-rich-jack-dorsey-2021-12

#jackdorsey #amongothers #bitcoin

[pavel-nosok]

Not Wow, Much Sad: The Doge Dog Is Probably Dying

Not Wow, Much Sad: The Doge Dog Is Probably Dying

Helen of Troy was the face that launched 1,000 ships and a Shiba Inu named Kabosu is the face that birthed 1 million memes (and a cryptocurrency). Unfortunately, the famous dog is likely reaching the end of her life—signaling the end of an internet era. Read more…