Dogecoin is a Litecoin-derived cryptocurrency that features the Shiba Inu from the “Doge” Internet meme on its logo. It was introduced on December 8, 2013. Dogecoin has a fast initial coin production schedule compared to other cryptocurrencies. There will be approximately 100 billion coins in circulation by the end of 2014. Thereafter, 5.2 billion coins will be produced per year. As of 13 February 2014, nearly 50 billion Dogecoins have been mined. While there are currently few commercial applications for Dogecoin, the currency is gaining traction as an Internet tipping system, in which social media users grant Dogecoin tips to other users for providing interesting or noteworthy content… CONTINUE
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