Dogecoin (DOGE) is an open-source, decentralised cryptocurrency forked from Luckycoin (a Litecoin fork) in December 2013. Its theme revolves around Shiba Inu, a well-known Japanese dog, which gave the coin its logo. Although Dogecoin started as a "joke currency", it quickly gained popularity, users and "miners" who generate new coins and help maintain the Dogecoin network. While the cryptocurrency uses the same hashing algorithm to process transactions as Litecoin (scrypt), it features a number of differences; notably faster block generation times (1 minute), uncapped total coin supply, and higher block reward (set to 10,000 DOGE per block in February 2015).
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