Dogecoin Case Study
DOGE COIN
Introduction
Dogecoin is one of the digital currencies that is government authorized and said to be very much secure. The Dogecoin is used in the form of cryptocurrency in the online shops as well as in the private sector. It was introduced by Jackson Palmer at the end of 2013 and is considered to be his brain child. He introduced it with the help of a programmer from Oregon named Billy Marcus. The motive was to create a cryptocurrency just like Bitcoin. But the difference that they wanted to make that unlike the Bitcoin, they wanted it to reach the maximum number of people and not just to a selected group. The Dogecoin is considered to be as one of the largest cryptocurrencies in the top ten.
Current capitalization of Dogecoin
The Dogecoin is a cryptocurrency that was created as a parody and was named after the name of an internet meme. But at the …show more content…
For example, the fees charged by Paypal can be different from the other electronic wallets, and the fees which is charged by Paytm will be different from Coinbase. Technically,it depends upon the popularity of the wallet you are using.
Privacy of the Dogecoins
When we talk about the privacy which is provided by Dogecoin, it all depends on you. In most of the cases, it is interconnected to the fact that how much private wallet you are using. If you have a wallet which is asking about too much of your personal information, there are chances that the information you give can possibly reach into the wrong hands.
Exchanging Dogecoins
The two of the major and leading Dogecoin exchanges are Krakena dn Coinbase. These exchanges are websites which enables you in buy, sell, cryptocurrency trade and cryptocurrency exchange. The verification of the ability of the exchange is mandatory before you use it. Your needs decide the utilization of your exact exchange.
Introduction
Dogecoin is one of the digital currencies that is government authorized and said to be very much secure. The Dogecoin is used in the form of cryptocurrency in the online shops as well as in the private sector. It was introduced by Jackson Palmer at the end of 2013 and is considered to be his brain child. He introduced it with the help of a programmer from Oregon named Billy Marcus. The motive was to create a cryptocurrency just like Bitcoin. But the difference that they wanted to make that unlike the Bitcoin, they wanted it to reach the maximum number of people and not just to a selected group. The Dogecoin is considered to be as one of the largest cryptocurrencies in the top ten.
Current capitalization of Dogecoin
The Dogecoin is a cryptocurrency that was created as a parody and was named after the name of an internet meme. But at the …show more content…
For example, the fees charged by Paypal can be different from the other electronic wallets, and the fees which is charged by Paytm will be different from Coinbase. Technically,it depends upon the popularity of the wallet you are using.
Privacy of the Dogecoins
When we talk about the privacy which is provided by Dogecoin, it all depends on you. In most of the cases, it is interconnected to the fact that how much private wallet you are using. If you have a wallet which is asking about too much of your personal information, there are chances that the information you give can possibly reach into the wrong hands.
Exchanging Dogecoins
The two of the major and leading Dogecoin exchanges are Krakena dn Coinbase. These exchanges are websites which enables you in buy, sell, cryptocurrency trade and cryptocurrency exchange. The verification of the ability of the exchange is mandatory before you use it. Your needs decide the utilization of your exact exchange.