Exchange Bitcoin (BTC) to Dogecoin (DOGE) – where is the ...
Exchange Dogecoin To Dollar Instant
Bitcoinsxchanger is the most popular platform and its currency converter provides a fast-confirmed currency from Exchange Dogecoin to the US dollar. We're here to make sure you can make Dogecoin conversions at the latest exchange rate. We have an amazing currency calculator that offers a perfect method for investors to international in the stock market for various currencies. The method of converting from Dogecoin to the dollar can be performed at both present and historical levels – to do so, pick the appropriate exchange rate date. For a fact, the currency converter displays the closing rate of the previous day as well as the maximum and lowest exchange rate for any cryptocurrency, like Bitcoin and Dogecoin. Bitcoinsxchanger currency calculator also provides offers other exchange rates for about 160 international currencies. How to convert Dogecoin This might seem very easy to pick up any Dogecoin, but until now it has been difficult to convert Dogecoin into cash. It was considered to be a difficult task for anyone interested in turning their Dogecoins into government-backed currency with larger acceptance to make an individual deal with anyone willing to exchange for Bitcoin, which could then quickly be exchanged for dollars, Euros, and the like. However, this intermediate step not only made the entire method considerable more costly but also added a risk factor. The new and modern technology to convert Dogecoin into dollars easily and comfortably will alter the nature of how the currency is used. DOGE VALUE CALCULATOR Dogecoin Value Calculator is a popular device found on nearly any crypto exchange platform. This device is commonly available, and developers, dealers, and miners are constantly utilizing various cryptocurrency calculators. This is used to measure the expense of digital money and to determine the productivity of the company. You will find a number of calculators that would be helpful to leaders in the digital currency community. Bitcoinsxchanger is a crypto exchange service that uses a cryptocurrencies value calculation tool. You can convert bitcoins to fiat currencies, so you should learn the prices. Dogecoin To Perfect Money The Perfect Money account allows e-payment transactions really simple. Users are enabled to make online payments to other digital currency platforms and vice versa. This system may be made to enable automatic exchanges to all of the Internet companies concerned. Cryptocurrency offers you a simple method to convert Dogecoins to Perfect Money. The limit or the minimum amount allowed in an account is $1000 and the interest rate is up to 4 percent a month. Transferring money to and from an account is also achieved by currency conversion, bank transfers, other payment systems, and e-Vouchers. The one feature that helps Perfect Money stand out from the others is the opportunity of users to buy gold, dollars, and dollars in real-time. Buy and sell dogecoin with PayPal There may be a number of ways to buy and sell Dogecoin with Paypal. Paypal deals for huge bitcoin, Ripple, and other cryptocurrency platforms. However, there are some of the internet markets that have accrued invisible payments where you have to pay after doing the transaction, which in short is a trap. Here on our platform, you wouldn't get the sort of patronized investing because we believe in accountability for our customers. It will be very easy for you to use our platform. You just need to take a few steps. Next, you need to exchange money to dogecoin and hold it in the e-wallet that has a special code after you get it you can sell dogecoin with PayPal and pass it to USD dollars. Once again, don't go to the person who has secret costs and who has the best rates for our services. https://preview.redd.it/xqcihljtk3j51.jpg?width=604&format=pjpg&auto=webp&s=d17e4c4260d9e46516e659c70ce68eaf86ea3542
What are cryptocurrencies? Cryptocurrencies are peer to peer technology protocols which rely on the block-chain; a system of decentralized record keeping which allows people to exchange unmodifiable and indestructible information “coins,” globally in little to no time with little to no fees – this translates into the exchange of value as these coins cannot be counterfeit nor stolen. This concept was started by Satoshi Nakamoto (allegedly a pseudonym for a single man or organization) whom described and coded Bitcoin in 2009. What is DigiByte? DigiByte (DGB) is a cryptocurrency like Bitcoin. It is also a decentralized applications protocol in a similar fashion to Neo or Ethereum. DigiByte was founded and created by Jared Tate in 2014. DigiByte allows for fast (virtually instant) and low cost (virtually free) transactions. DigiByte is hard capped at 21 billion coins which will ever be mined, over a period of 21 years. DigiByte was never an ICO and was mined/created in the same way that Bitcoin or Litecoin initially were. DigiByte is the fastest UTXO PoW scalable block-chain in the world. We’ll cover what this really means down below. DigiByte has put forth and applied solutions to many of the problems that have plagued Bitcoin and cryptocurrencies in general – those being:
Maintaining low fees.
Maintaining fast transaction times.
Maintaining robust security + the immutable ledger.
And most importantly assuring massive scalability on chain.
We will address these point by point in the subsequent sections. The DigiByte Protocol DigiByte maintains these properties through use of various technological innovations which we will briefly address below. Why so many coins? 21 Billion When initially conceived Bitcoin was the first of a kind! And came into the hands of a few! The beginnings of a coin such as Bitcoin were difficult, it had to go through a lot of initial growth pains which following coins did not have to face. It is for this reason among others why I believe Bitcoin was capped at 21 million; and why today it has thus secured a place as digital gold. When Bitcoin was first invented no one knew anything about cryptocurrencies, for the inventor to get them out to the public he would have to give them away. This is how the first Bitcoins were probably passed on, for free! But then as interest grew so did the community. For them to be able to build something and create something which could go on to have actual value, it would have to go through a steady growth phase. Therefore, the control of inflation through mining was extremely important. Also, why the cap for Bitcoin was probably set so low - to allow these coins to amass value without being destroyed by inflation (from mining) in the same way fiat is today! In my mind Satoshi Nakamoto knew what he was doing when setting it at 21 million BTC and must have known and even anticipated others would take his design and build on top of it. At DigiByte, we are that better design and capped at 21 billion. That's 1000 times larger than the supply of Bitcoin. Why though? Why is the cap on DigiByte so much higher than that of Bitcoin? Because DigiByte was conceived to be used not as a digital gold, nor as any sort of commodity, but as a real currency! Today on planet Earth, we are approximately 7.6 billion people. If each person should want or need to use and live off Bitcoin; then equally split at best each person could only own 0.00276315789 BTC. The market cap for all the money on the whole planet today is estimated to have recently passed 80 trillion dollars. That means that each whole unit of Bitcoin would be worth approximately $3,809,523.81! $3,809,523.81 This is of course in an extreme case where everyone used Bitcoin for everything. But even in a more conservative scenario the fact remains that with such a low supply each unit of a Bitcoin would become absurdly expensive if not inaccessible to most. Imagine trying to buy anything under a dollar! Not only would using Bitcoin as an everyday currency be a logistical nightmare but it would be nigh impossible. For each Satoshi of a Bitcoin would be worth much, much, more than what is realistically manageable. This is where DigiByte comes in and where it shines. DigiByte aims to be used world-wide as an international currency! Not to be hoarded in the same way Bitcoin is. If we were to do some of the same calculations with DigiByte we'd find that the numbers are a lot more reasonable. At 7.6 billion people, each person could own 2.76315789474 DGB. Each whole unit of DGB would be worth approximately $3,809.52. $3,809.52 This is much more manageable and remember in an extreme case where everyone used DigiByte for everything! I don't expect this to happen anytime soon, but with the supply of DigiByte it would allow us to live and transact in a much more realistic and fluid fashion. Without having to divide large numbers on our phone's calculator to understand how much we owe for that cup of coffee! With DigiByte it's simple, coffee cost 1.5 DGB, the cinema 2.8 DGB, a plane ticket 500 DGB! There is a reason for DigiByte's large supply, and it is a good one! Decentralisation Decentralisation is an important concept for the block-chain and cryptocurrencies in general. This allows for a system which cannot be controlled nor manipulated no matter how large the organization in play or their intentions. DigiByte’s chain remains out of the reach of even the most powerful government. This allows for people to transact freely and openly without fear of censorship. Decentralisation on the DigiByte block-chain is assured by having an accessible and fair mining protocol in place – this is the multi-algorithm (MultiAlgo) approach. We believe that all should have access to DigiByte whether through purchase or by mining. Therefore, DigiByte is minable not only on dedicated mining hardware such as Antminers, but also through use of conventional graphics cards. The multi-algorithm approach allows for users to mine on a variety of hardware types through use of one of the 5 mining algorithms supported by DigiByte. Those being:
Please note that these mining algorithms are modified and updated from time to time to assure complete decentralisation and thus ultimate security. The problem with using only one mining algorithm such as Bitcoin or Litecoin do is that this allows for people to continually amass mining hardware and hash power. The more hash power one has, the more one can collect more. This leads to a cycle of centralisation and the creation of mining centres. It is known that a massive portion of all hash power in Bitcoin comes from China. This kind of centralisation is a natural tendency as it is cheaper for large organisations to set up in countries with inexpensive electricity and other such advantages which may be unavailable to the average miner. DigiByte mitigates this problem with the use of multiple algorithms. It allows for miners with many different kinds of hardware to mine the same coin on an even playing field. Mining difficulty is set relative to the mining algorithm used. This allows for those with dedicated mining rigs to mine alongside those with more modest machines – and all secure the DigiByte chain while maintaining decentralisation. Low Fees Low fees are maintained in DigiByte thanks to the MultiAlgo approach working in conjunction with MultiShield (originally known as DigiShield). MultiShield calls for block difficulty readjustment between every single block on the chain; currently blocks last 15 seconds. This continuous difficulty readjustment allows us to combat any bad actors which may wish to manipulate the DigiByte chain. Manipulation may be done by a large pool or a single entity with a great amount of hash power mining blocks on the chain; thus, increasing the difficulty of the chain. In some coins such as Bitcoin or Litecoin difficulty is readjusted every 2016 blocks at approximately 10mins each and 2mins respectively. Meaning that Bitcoin’s difficulty is readjusted about every two weeks. This system can allow for large bad actors to mine a coin and then abandon it, leaving it with a difficulty level far too high for the present hash rate – and so transactions can be frozen, and the chain stopped until there is a difficulty readjustment and or enough hash power to mine the chain. In such a case users may be faced with a choice - pay exorbitant fees or have their transactions frozen. In an extreme case the whole chain could be frozen completely for extended periods of time. DigiByte does not face this problem as its difficulty is readjusted per block every 15 seconds. This innovation was a technological breakthrough and was adopted by several other coins in the cryptocurrency environment such as Dogecoin, Z-Cash, Ubiq, Monacoin, and Bitcoin Gold. This difficulty readjustment along with the MultiAlgo approach allows DigiByte to maintain the lowest fees of any UTXO – PoW – chain in the world. Currently fees on the DigiByte block-chain are at about 0.0001 DGB per transaction of 100 000 DGB sent. This depends on the amount sent and currently 100 000 DGB are worth around $2000.00 with the fee being less than 0.000002 cents. It would take 500 000 transactions of 100 000 DGB to equal 1 penny’s worth. This was tested on a Ledger Nano S set to the low fees setting. Fast transaction times Fast transactions are ensured by the conjunctive use of the two aforementioned technology protocols. The use of MultiShield and MultiAlgo allows the mining of the DigiByte chain to always be profitable and thus there is always someone mining your transactions. MultiAlgo allows there to a greater amount of hash power spread world-wide, this along with 15 second block times allows for transactions to be near instantaneous. This speed is also ensured by the use DigiSpeed. DigiSpeed is the protocol by which the DigiByte chain will decrease block timing gradually. Initially DigiByte started with 30 second block times in 2014; which today are set at 15 seconds. This decrease will allow for ever faster and ever more transactions per block. Robust security + The Immutable Ledger At the core of cryptocurrency security is decentralisation. As stated before decentralisation is ensured on the DigiByte block chain by use of the MultiAlgo approach. Each algorithm in the MultiAlgo approach of DigiByte is only allowed about 20% of all new blocks. This in conjunction with MultiShield allows for DigiByte to be the most secure, most reliable, and fastest UTXO block chain on the planet. This means that DigiByte is a proof of work (PoW) block-chain where all transactional activities are stored on the immutable public ledger world-wide. In DigiByte there is no need for the Lightning protocol (although we have it) nor sidechains to scale, and thus we get to keep PoW’s security. There are many great debates as to the robustness or cleanliness of PoW. The fact remains that PoW block-chains remain the only systems in human history which have never been hacked and thus their security is maximal. For an attacker to divert the DigiByte chain they would need to control over 93% of all the hashrate on one algorithm and 51% of the other four. And so DigiByte is immune to the infamous 51% attack to which Bitcoin and Litecoin are vulnerable. Moreover, the DigiByte block-chain is currently spread over 200 000 plus servers, computers, phones, and other machines world-wide. The fact is that DigiByte is one of the easiest to mine coins there is – this is greatly aided by the recent release of the one click miner. This allows for ever greater decentralisation which in turn assures that there is no single point of failure and the chain is thus virtually un-attackable. On Chain Scalability The biggest barrier for block-chains today is scalability. Visa the credit card company can handle around 2000 transactions per second (TPS) today. This allows them to ensure customer security and transactional rates nation-wide. Bitcoin currently sits at around 7 TPS and Litecoin at 28 TPS (56 TPS with SegWit). All the technological innovations I’ve mentioned above come together to allow for DigiByte to be the fastest PoW block-chain in the world and the most scalable. DigiByte is scalable because of DigiSpeed, the protocol through which block times are decreased and block sizes are increased. It is known that a simple increase in block size can increase the TPS of any block-chain, such is the case with Bitcoin Cash. This is however not scalable. The reason a simple increase in block size is not scalable is because it would eventually lead to some if not a great amount of centralization. This centralization occurs because larger block sizes mean that storage costs and thus hardware cost for miners increases. This increase along with full blocks – meaning many transactions occurring on the chain – will inevitably bar out the average miner after difficulty increases and mining centres consolidate. Hardware cost, and storage costs decrease over time following Moore’s law and DigiByte adheres to it perfectly. DigiSpeed calls for the increase in block sizes and decrease in block timing every two years by a factor of two. This means that originally DigiByte’s block sizes were 1 MB at 30 seconds each at inception in 2014. In 2016 DigiByte increased block size by two and decreased block timing by the same factor. Perfectly following Moore’s law. Moore’s law dictates that in general hardware increases in power by a factor of two while halving in cost every year. This would allow for DigiByte to scale at a steady rate and for people to adopt new hardware at an equally steady rate and reasonable expense. Thus so, the average miner can continue to mine DigiByte on his algorithm of choice with entry level hardware. DigiByte was one of the first block chains to adopt segregated witness (SegWit in 2017) a protocol whereby a part of transactional data is removed and stored elsewhere to decrease transaction data weight and thus increase scalability and speed. This allows us to fit more transactions per block which does not increase in size! DigiByte currently sits at 560 TPS and could scale to over 280 000 TPS by 2035. This dwarfs any of the TPS capacities; even projected/possible capacities of some coins and even private companies. In essence DigiByte could scale worldwide today and still be reliable and robust. DigiByte could even handle the cumulative transactions of all the top 50 coins in coinmarketcap.com and still run smoothly and below capacity. In fact, to max out DigiByte’s actual maximum capacity (today at 560 TPS) you would have to take all these transactions and multiply them by a factor of 10! Oher Uses for DigiByte Note that DigiByte is not only to be used as a currency. Its immense robustness, security and scalability make it ideal for building decentralised applications (DAPPS) which it can host. DigiByte can in fact host DAPPS and even centralised versions which rely on the chain which are known as Digi-Apps. This application layer is also accompanied by a smart contract layer. Thus, DigiByte could host several Crypto Kitties games and more without freezing out or increasing transaction costs for the end user. Currently there are various DAPPS being built on the DigiByte block-chain, these are done independently of the DigiByte core team. These companies are simply using the DigiByte block-chain as a utility much in the same way one uses a road to get to work. One such example is Loly – a Tinderesque consensual dating application. DigiByte also hosts a variety of other platform projects such as the following:
DigiPay – A jqeury online payment protocol portal web plugin.
DigiByte DigiHash - The official DigiByte foundation mining pool.
DigiByte Digi-ID – A platform for identity verification to be used in lieu of two factor authentication and passwords.
DigiByte Emma AI – A DigiByte interactive artificial intelligence assistant.
DigiByte DigiMan – A web browser plugin to be used as a security layer two protocol.
DigiByte DigiSeeder – A background seeding service which assures all wallets quickly find other peers in the network.
DigiByte DigiMessenger – A ground-breaking messaging application built on top of DigiByte which features robust and virtually unbreakable encryption.
DigiByte OneClickMiner – An easy to set up application which allows users to quickly start mining DigiByte on their home machines.
DigiByte DigiBot – A telegram bot for users to interact with DigiByte and more.
The DigiByte Foundation As previously mentioned DigiByte was not an ICO. The DigiByte foundation was established in 2017 by founder Jared Tate. Its purpose is as a non-profit organization dedicated to supporting and developing the DigiByte block-chain. DigiByte is a community effort and a community coin, to be treated as a public resource as water or air. Know that anyone can work on DigiByte, anyone can create, and do as they wish. It is a permissionless system which encourages innovation and creation. If you have an idea and or would like to get help on your project do not hesitate to contact the DigiByte foundation either through the official website and or the telegram developer’s channel. For this reason, it is ever more important to note that the DigiByte foundation cannot exist without public support. And so, this is the reason I encourage all to donate to the foundation. All funds are used for the maintenance of DigiByte servers, marketing, and DigiByte development. DigiByte Resources and Websites DigiByte
OS X Wallet
Rasberry Pi Wallet
Ledger Hardware Wallet
Please refer to the sidebar of this sub-reddit for more resources and information. Edit - Removed Jaxx wallet. Edit - A new section was added to the article: Why so many coins? 21 Billion Edit - Adjusted max capacity of DGB's TPS - Note it's actually larger than I initially calculated. Edit – Grammar and format readjustment Hello, I hope you’ve enjoyed my article, I originally wrote this for the reddit sub-wiki where it generally will most likely, probably not, get a lot of attention. So instead I've decided to make this sort of an introductory post, an open letter, to any newcomers to DGB or for those whom are just curious. I tried to cover every aspect of DGB, but of course I may have forgotten something! Please leave a comment down below and tell me why you're in DGB? What convinced you? Me it's the decentralised PoW that really convinced me. Plus, just that transaction speed and virtually no fees! Made my mouth water! -Dereck de Mézquita I'm a student typing this stuff on my free time, help me pay my debts? Thank you! D64fAFQvJMhrBUNYpqUKQjqKrMLu76j24g https://digiexplorer.info/address/D64fAFQvJMhrBUNYpqUKQjqKrMLu76j24g
Bitcoin, dogecoin. How I tried to make my fortune in 2014 with the sweat of my computer.
https://preview.redd.it/mv21lvsa3do31.jpg?width=1280&format=pjpg&auto=webp&s=51bf5296a06eedc178079cf0b3ab4c3cfc44f271 Make money just by working on your computer: the rise of electronic currencies, in the wake of bitcoin, can be a little dream, especially in times of crisis. We tried the experiment. Wealth at your fingertips? Not for everybody. Reading time: 6 min. We have known at least since March 2013, with the soaring Bitcoin (BTC) price during the closing of Cypriot banks: electronic currencies, it has not much virtual. Since the creation of the enigmatic Satoshi Nakamoto serves as a safe haven, a playground for speculators, interests the States and even makes it possible to pay for his trip to the space where his beer, bigger world would dare to pretend that it only serves to buy prohibited substances on SilkRoad - if it ever was. At the end of November, James Howells was mocked a lot, this Brit, caught in a household frenzy, inadvertently threw a hard disk containing 7,500 bitcoins, the equivalent of 4.8 million euros. A small fortune now lost in the depths of the Docksway dump near Newport. Nevertheless, before causing the consternation of the global Internet, Jamie still had the nose to undermine the BTC at a time when the experience mobilized a handful of hardcore geeks. Since the rise (sawtooth) bitcoin, each unit currently weighs more than 800 dollars, nearly thirty cryptocurrencies have emerged. Is it possible, this year again, to let this promising, volatile and risky train pass, or to fall into
Choose your electronic motto.
All are based on the same principle: to summarize (very) big features , the issuance of money is governed by an algorithm, and the new corners put in circulation reward the resolution, by participants in a network of peer and mathematical problems, including the validation and archiving of transactions, which are public . Mining a cryptocurrency is like putting the computing power of your computer in the service of the network.
Since the program is decreasing , the mining becomes more and more difficult with time (and with the increase of the number of participants): to hope to make his pelote via the only computational activity, one must either have to at its disposal a large fleet of machines, to be a miner from the first hour. Exit the bitcoin, long since out of the reach of a personal computer.
I similarly gave up the litecoin and peercoin, already well launched (they date respectively 2011 and 2012), to set my heart on one of the most recent currencies - and certainly the hippest of the moment: the dogecoin.
As its name suggests, the cryptocurrency favorite Shiba Inus from around the world is a tribute to the Doge, one of the most famous memes of 2013, with its captions in Comic Sans, the font most sorry for the web. A geek joke, therefore, except that - the unfathomable mysteries of the Internet - its value jumped 900% in the third week of December, and she suffered a Christmas robbery online.
Admittedly, at the time when these lines are written, the dogecoin caps at 0.00023 dollars  - its quite ridiculous (and quite depressing), but even if you bet on the future, so much to go frankly.
2. The hands in the engine the billboard.
From there, things get tough (a little). Installing an electronic purse on ones computer is not very complicated (the software is available for Windows, MacOS, Android or, for the more adventurous, on a repository to compile under Linux). It is also possible to use an online wallet, but it is more risky (except, perhaps, when one is called James Howells). When opened for the first time, the purse automatically synchronizes with the Dogecoin network (be careful, it can be long), which gives you a payment address (we can generate more later).
The two most common ways to undermine electronic money are to use the computing power of the computers microprocessor (CPU) or, more efficiently, that of the graphics card processor (GPU). In the first case, the program is simple to install; in the second, it is necessary to choose the most adapted to its material . There are, thankfully, a lot of online tutorials. Still, to operate the corner board requires in all cases to trade the comfort of the GUI for aridity, so confusing to the layman, command lines - we have nothing for nothing.
Finally, at work alone, we prefer collaboration. Mining is best done in groups, or rather in pool: it distributes the gains, of course, but also the difficulty. For the dogecoin as for all the crypto-currencies, the pools are numerous. A quick tour of a dedicated section of the Reddit community site can help you make your choice.
3. Extension of the field of struggle.
And after? After, we can rest, since it is the machine that works. But the truth of a cryptocurrency - even at the exceptionally high LOL and LOL rates of the Shiba Inu - is cruel and brutal: not all computers are equal. Or rather, some are more equal than others. For while you heat your CPU or your graphics card to grapple some unfortunate corners, others will sweep the game thanks to specialized integrated circuits, computing capabilities much higher.
If the game of buying and reselling corners is basically just another stock exchange mechanism, less the intervention of the central banks - what is at stake, and the big political question they ask: are we certain to prefer speculation pure and perfect to monetary policies, however questionable they may be? -, production, it is the law of the strongest (in calculation). There are even lethal weapons at $ 10,000 each, with which your processors are like mosquitoes in front of an A bomb.
And if you think it does not matter because after all, it does not cost you anything, think again: the components, like humans, wear out faster when they work at full speed, and the bill of electricity can quickly grow. The profitability of the case is anything but certain, as evidenced by the results of online calculators. (Needless to say, our laughing dogecoin does not stand up to this kind of simulation.)
Much more boring, from a collective point of view: the carbon footprint, current and above all expected, of electronic currencies worries more and more. Last spring, Bloomberg estimated that the energy consumption of the Bitcoin network was equivalent to that of 31,000 US households. Not sure, according to the site, that their emission is less damaging to the environment than have been some physical currencies.
For exciting to analyze that is the emergence of cryptocurrencies, it is better to ask now about their cost, economic and ecological. To see it as a potential source of income, except for being a very early adopter with a hollow nose, an individual with a lot of computational capital or a clever trader, you have to make a point.
If the recurrent comparison with the famous Ponzi pyramid  is discussed (after all, the decentralized currencies do not make promises), remains that, as long as the value does not collapse, the system benefits mainly to the first entrants - except James Howells.
As the Bitcoin.fr site aptly states: all this is just an experiment, invest only the time and money you can afford to lose. LOLs love was not a worse reason than another to experiment, so I finally submitted my laptop to four days and three nights of intense activity, which makes me happy. owner of a good half a thousand dogecoins. Either the equivalent of 0.115 dollar, or 0.08 euro. It is obviously not worth the electricity consumed to generate them, it increases my carbon footprint, but it amuses my entourage. But laughter is, as everyone knows, a safe bet in times of crisis, less volatile than a real bitcoin.
And then, after all, you never know.
1. For explanations more provided (the case is quite complex), refer, for example, to the series of very detailed notes devoted to blogger Turblog.
2. And as such, searchable by everyone. It is the identity of the users that is not known, unless they reveal it, hence the reputation of anonymity (relative, therefore) cryptocurrencies.
3. In the case of bitcoin, the maximum of 21 million units should be reached around 2140.
4. For a day-to-day follow-up, see the CoinMarketCap site which lists the exchange rates of crypto-currencies, based on the dollar value of bitcoin.
5. We discover then, unfortunately, that some graphics cards do not allow the mining. This is the case for the author of these lines, reduced to working in conditions of extreme computer deprivation.
6. Comparison which is at the heart of a hilarious note on the ponzicoin, signed by the economic journalist Matthew OBrien, on The Atlantic (to read if you intend seriously to invest in the dogecoin).
There is a discussion about nodes that came up today, where it seems I'm discouraging people from running the full QT/Core client. Yes and No. What I'm trying to make sure people understand is how things work, and that it is NOT mandatory to run a client in order to use Dogecoins (and yes, I realise that browser-based tools like coinb.in and wallet sweepers are 'clients' by strict definition). That said, more nodes is absolutely a good thing for the network. Preferrably full nodes. How do you run a full node? Just run Core/QT and open up Port 22556 on your router so it can connect to more than 8 peers. What will it cost you? You need your machine to be on 24/7/365, you need enough storage for the full blockchain (currently about 20Gb. Bitcoin is over 120Gb) and enough bandwidth to keep it in sync and share blocks with peers. A couple of Gb a month, most likely. This is best done with a desktop on a wired broadband link. Or maybe a hosted VM in the cloud. :)
EDIT 2017-01-09: Wallets WITHOUT Clients
Since I started helping people on /BitcoinBeginners, I'm getting a lot of questions about how to use wallets without running clients or trusting third parties. So here are a couple of resources that will make that possible, and not just for Dogecoin: Multi-Coin Wallet GeneratorNow supporting 129 currencies!Coinb.in Start by setting the currency, found in the gear wheel in the Broadcast tab. Dogecoin Wallet Sweeper Redeem 'paper' wallets containing up to about 100 UTXOs. Bitinfo Charts My favourite block explorer, handles a bunch of cryptos. Using these resources, it is possible to hold, receive and spend coins in various currencies, without having to run QT or a 'lite' client. You can also download and run the pages on your own device.
EDIT 2016-11-23: SEMANTICS about MINING! :P
Even though there is already a section on mining below, it has been suggested given the huge number of posts on the subject that this needs to be made clearer. Since people get their panties in a twist over the word 'dead', lets change that...
MINING IS DEAD!
MINING DOGECOIN IS UNPROFITABLE!
Put simply, there is no way to mine Dogecoin and make a profit because of the massive hashpower provided by industrial-scale Litecoin miners. Mining Doge directly stopped being viable when our hashrate exploded with the introduction of AuxPoW. Mining with CPU's and GPU's died when ASICs were introduced. And mining with a laptop WILL kill your laptop and cost you a fortune to repair or replace. Mining Litecoin with an exchange that also mines Doge and others will earn less than the electricity consumed, and you won't recover your costs. Probably ever, but certainly not in any reasonable time. Mining other currencies may be a thing, but that's beyond our scope here. This is /Dogecoin, not /GetRichMiningCryptos after all. If you want to mine the newest scamcoin for fun and profit, look elsewhere for advice. :/ Oh, and most important:
READ BEFORE YOU POST!
At any given time, there are half a dozen posts on the frontpage just like the one you're about to write, where the answers have already been given. Read them. Don't make people waste their time repeating themselves because you were too lazy to bother reading stuff. :P So there I was, having a quiet Sundy arvo bludge, as you do, when 42points turned up on Facebook and asked me to write a new sticky post for /dogecoin. Why would he do this, when he should be having a bludge himself, I hear you ask? Well, seems he was doing exactly that, and wanted to fob off the work he’s too slack to do himself. ;) Ah well, being a sucker for punishment, I’ll grudgingly oblige I guess. OK, first things first.
A client is a piece of software you keep on your computer which holds one or more wallets. Here are the current client versions. If you're using an older client please upgrade to the newest version prior to sending/receiving coins. Backup! Backup! Backup your wallet.dat file or private key so you can import them into the latest version of the client.
Be warned that unless you’re running Core (aka QT), you could have issues with wallets containing lots of UTXOs (Unspent Transaction Outputs - Where your coins REALLY live). Go read the ELI5 below, and keep a close eye on your transaction counts. If you DO run Core, realise that all full clients, regardless of the coin, require a copy of the blockchain and must keep it up to date. This will cost you time, storage space and bandwidth. You can save a little by downloading the bootstrap file though. I haven’t checked how recent this one is, so let me know if you find a more current version.
OK, so next, grab this wallet generator. Even if you plan on running a client(s). Because a) it does many, many cryptocurrencies, and b) you WILL need wallets at some stage over and above what you keep in your clients. Just be sure to run it locally (and offline if you’re truly paranoid).
Oh, and here’s a simple way to keep track of all your wallets using HTML. You can grab the source and modify it, then upload it wherever you need to suit your needs. You will also want a separate file with your private keys, but don’t upload that one anywhere, because if you lose your keys or someone else gets access to them, you will lose your coins.
Next, be aware that there are online wallets available. While any wallet you don’t own the keys to isn’t actually yours, and therefore isn’t safe, the following are safer than most. Dogetipbot of course is used daily by shibes on Reddit. Block.io uses multisig and gives you Doge, BTC and LTC wallets as well as testnets, and Dogechain gives you your private keys (and also offers a wallet sweeping service).
Exchanges also offer wallets, of course. Not that you should use them to store your hard-earned coins, because they can and do get hacked with monotonous regularity. But at some stage you’re going to want to trade, or hold a few uncommon coins. You could do worse than these three:
And then there’s the obligatory question of mining. Put simply, mining is for all intents and purposes dead, and has been for a long time now. The costs are greater than any possible returns. But, if you insist on doing it anyway, maybe because you inherited a miner, you can earn about 0.01 LTC/day per MH/s merge-mining at Litecoinpool. That’s about 4 cents. :(
Shibes sometimes complain that the devs are not as active in /dogecoin as they used to be. You can find them on IRC, slack or their very own sub if you need them though. Or poke sporklin, who can often help.
You can of course ask any questions here, or post them in the sub. However, do try searching first, because I guarantee every possible question has been asked many times before. And you should also subscribe and hang out in /dogeducation occasionally. There’s much awesomeness there.
From peoplma I was wondering if you could add just a couple things. A link to the coinomi android wallet, it's probably the best one out there. And a sentence somewhere along the lines of "if you need help with any dogecoin software you are welcome to make a post, but PLEASE include your OS, version number of the client, and any relevant transaction IDs that you are willing to share" if you can fit that in somewhere. Also, if you want to link to Prohashing, I'm pretty sure it's the only Scrypt mining pool that will actually pay out in doge. The others I know of pay out in litecoin or bitcoin. And it's a profit switching multipool, so gives a better return than just mining ltc/doge. And there's these two wiki articles I thought would be helpful to link /dogecoin/wiki/technical for those technically minded newbies or intermediate users who want to dig a little deeper. And maybe a link to /dogecoin/wiki/dogecoincoreguide next to the link for dogecoin core. From pts2002 Finally a proper sticky post! Here's some other stuff you could add: zpool.ca mining pool - You can get paid in pretty much any coin, and you can mine in multiple algos (currently mining lyra2v2 with my GPU). Doing about 500Ð/day shapeshift.io exchange - My favourite exchange, quick and easy. No registration required! Also, you should add some blockchain explorers! chain.so - Support for bitcoin, litecoin and doge. dogechain.info - Official blockchain explorer. Includes a wallet (already mentioned). Live update currently not working (?) EDIT: Here's another thing I found! preev.com currency value calculator - Easy way to check the value of your dogecoins (or bitcoins, or litecoins, or peercoins)!
Of Wolves and Weasels - Day 45 - Breadth and Scope
Hey all! GoodShibe here! Yesterday I spoke about those off doing great work on our behalf, taking the lead or pushing the boundaries of what Dogecoin can do. I think today is a great chance for everyone to get a real sense of what's going on here - what a group of 65,000+ Shibes has and is accomplishing as we speak (err... type). So, please, if I've forgotten anyone, don't feel bad -- especially if you're doing something in another sub -- just let me know in the comments and I'll add it to the list, okay? Here we go! Recently Completed Projects
Experiment.com is now taking Dogecoin! Meaning that we're now able to directly fund SCIENCE with Dogecoin -- which is freaking awesome in my books. Thanks to vu0tran and their efforts to get a change.org petition up and running -- and the community for making it happen!
Altcend, created by altcy is a browser extension that allows you to send DOGE to Facebook, YouTube, Twitter, Google+, and Reddit users no matter where they are in the world. Here's their original launch thread!
WP-Dogecoin, created by studionashvegas is a WordPress plug-in that lets you show your Dogecoin wallet address on your WordPress blog or site.
Have I missed something? I'm sure I've missed something! I can keep going but I'm already running late for work (got carried away)! Post in the comments and I'll add as I have time over the course of the day :D) It's 9:14AM EST and we're at 52.53% of DOGEs found. Our Global Hashrate is spiking from ~68 to ~89 Gigahashes per second but our Difficulty is still riding low at ~1027! Go! Mine! Have fun! As always, I appreciate your support! GoodShibe
Hi fellow Shibes. I need your help. Let's build a Dogecoin to USD exchange, and go to the moon!
-******UPDATE***********- All, I clearly misspoke when I called this project an exchange. We do not need to facilitate doge exchange between two parties. We will have doge, and we will be selling it in $US via our website. This will enable any interested party to buy some doge for $US instead of BTC, enabling a much wider audience for DOGE Hi guys, If we want Dogecoin to succeed as a fun, easy currency for people to start getting into cryptos, the main barrier to entry needs to be removed. That is, people need to be able to buy Dogecoins outright, not with bitcoins. What I'm proposing is a big undertaking, and is only a first step, but if it's successful, we will have made dogecoin into something great. I propose we join together as a team, and build an exchange. What are we going to do? Edit: I've had a bunch of feedback on the plan, thanks so much guys!
I've decided we should go more towords direct USD > Dogecoin, and not worry about exchange rates through bitcoin.
We need a good payment processor that verifies payments fully (See Edit 2). Paypal doesn't seem to be the answer
We will calculate an exchange rate based on our own transactions, and ignore the BTC>DOGE exchange rate.
What do we need then? We need a few things: I am an adequate/bad front end developer and a great designer. I can't make anything work, but I can make it look good. As much as I'd love to, I can't do it alone.
A few strong backend developers that can make the above functionality (or even automate some of the stuff)
A strong desire to help the community. This project will be based on trust, people will have to trust that we will deliver the doge, and we will have to trust each-other (hopefully you good developers out there can automate some of this stuff so we don't have to worry about it)
Some people that have a strong knowledge of payment processors, and how they work.
If you have any skills that you think you can contribute, please message me your email. If you have any feedback about the design of the project, please also respond to this thread, I wan't the community involved in building this project! Seriously, let's do this guys. The second you can buy doge, is the second Doge goes to the moon. Much love Shibes, Alsocolor EDIT The response has been overwhelming so far, thank you guys very much!! If you're at all interested, PLEASE MESSAGE me your contact info and your skill set, and I'll set up a meeting time and email you with it. I'd like to release this by the first couple days in January. ----------------EDIT 2------------------ Theres been alot of talk about how to manage payments. The consensus is that paypal is a bad idea, and that it's really important that the money transfer is final. If you know anything about online payments of money, please please message me. This seems to be the biggest hurdle we are going to face. --------------UPDATE------------------ I'll be sending out a mass email ASAP to those that showed interest and gave me their email. If you'd like to be included, please pm me your email!
As per usual the 3 months has been all hand-on-deck, helping to bring further adoption utilities to Groestlcoin. The markets have been red but as always that doesn't stop the show from going on with regards to the development since the last release update on 24th September. Here's a recap of what has happened so far:
Groestlcoin was added to Changelly. One of the leading Crypto-to-Crypto exchanges that offer some of the best rates on the market – You can also buy with a debit/credit card too and you can buy/sell Groestlcoin directly from your Coinomi wallet, from the website https://groestlcoin.org#exchanges, and you can enable Changelly swaps on your GRSPay stores!
Groestlcoin was added to the JAXX Liberty wallet! One of the leading multi-crypto wallets in the stores. Safely store your GRS on Android, iOS, Mac OS X, Windows, Linux or Google Chrome. With Jaxx Liberty you are always in control of your private keys, and you can use your wallet on multiple devices. Note: This directly replaces the deprecated JS Wallet which was of a similar (but older) codebase.
Groestlcoin was integrated into AtomicPay – A decentralised cryptocurrency payment processor that eliminates the involvement of a third-party gateway, allowing merchants to accept payments directly from their customers, with over 2500 merchants already signed up, a public release is set for Mid-January 2019.
Huobi officially opened trading for Groestlcoin to Korean customers! And in addition, a giveaway of up to 10,000 GRS was held!
Unocoin ATMs started supporting Groestlcoin at their ATMs, granting the Indian community the ability to withdraw (For INR) and deposit Groestlcoin into their UnoDax account. Groestlcoin $GRS is available on #Unodax exchange with the following pairs: $INR, $TUSD, $BTC.
Groestlcoin was listed on SWFT BLOCKCHAIN, giving you more opportunities to swap your other altcoins with Groestlcoin or vice versa, quickly and securely.
Groestlcoin was added to One Page Exchange! Where you can buy and sell Groestlcoin quickly and easily without any form of registration!
CryptoWolf started accepting VISA, Mastercard and Maesto to buy cryptocurrencies from the CryptoWolf exchange in EUR or USD! Providing a new FIAT gateway to buy Groestlcoin.
Groestlcoin has been added to CoinZark (Formally VertPig) for fast and efficient Crypto-to-Crypto swaps at very competitive rates using exchange aggregates.
Groestlcoin was added to PungoWallet! Pungo wallet is built to showcase the features that anyone can achieve with blockchain technology. They have built a set of modular solutions that allow any company to build a blockchain layer to interact with traditional software.
Groestlcoin was added to StealthEX, offering anonymous cryptocurrency swaps with tens of other coins without disclosing any personal information. Just choose the pairs, enter your address, send your coins and receive your funds!
Groestlcoin joined InvestFeed, granting a company listing and blue verified badge.
Groestlcoin was officially added to Blockfolio Signals – For those of you that use Blockfolio, you can keep updated with all the latest news straight from the app, via the Signals icon.
Groestlcoin has been added to DeltaDirect – Those using Delta can now stay up-to-date with the latest Groestlcoin news, straight from your Delta portfolio tracker app.
Groestlcoin has been added to CoinGecko Beam – Where you can easily follow us and receive updates without searching through social media.
Groestlcoin is now live on BitUniverse Link! All of the latest Groestlcoin updates and news will be directly available on BItUniverse.
Groestlcoin was added to NovaExchange! Launched in 2016 and operating from Sweden, users can trade over 300 different digital assets.
As of the latest version of the Trezor Model T firmware, Groestlcoin is now officially supported! The Trezor Model T is the next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence. The Trezor Model T now supports over 500 cryptocurrencies.
Blockbook MainNet & TestNet Block Explorer
Blockbook is an open-source Groestlcoin blockchain explorer with complete REST and websocket APIs that can be used for writing web wallets and other apps that need more advanced blockchain queries than provided by groestlcoind RPC. Blockbook REST API provides you with a convenient, powerful and simple way to read data from the groestlcoin network and with it, build your own services.
Support to broadcast transactions online. Broadcast a raw transaction in hex format over the Groestlcoin network.
Supports every web browser
API – Complete REST and Websocket API for querying blocks, transactions and addresses; and receiving live updates
Light – Thin data model using groestlcoind RPC interface to validate blockchain information. Fast groestlcoind blockchain synchronisation (~1hrs for the entire mainnet), using RocksDB for data storage and optionally raw groestlcoind data files processing.
Exhaustive – Reports on double spend attempts, outpoint confirmations, outputs spend status reports. Input and Output hyperlinks in transactions. Extended view in transactions to show advanced details.
Open Source, written in the Go programming language.
Groestlcoin has been added to the Edge wallet for Android and iOS. Edge wallet is secure, private and intuitive. By including support for ShapeShift, Simplex and Changelly, Edge allows you to seamlessly shift between digital currencies, anywhere with an internet connection.
Multi-Asset Support. Supporting Bitcoin, Ethereum, Groestlcoin and many others, you can safely hold your coins.
Exchange Support – Supporting Shapeshift, Simplex and Changelly enables the user to seamlessly shift between digital currencies as if you were storing your funds on an exchange.
In-app buying and selling, exchange your FIAT for cryptocurrency directly within the app.
Encrypted with a username and password. Seamless login into multiple devices.
Easy, secure access with PIN or fingerprint. Additionally, supporting 2FA authentication.
Client-side encryption – All of your data is encrypted on your device before any of your information touches the Edge servers. Being free from server-side hacks and malware means that your assets are as secure as they can be.
We are excited to announce that Groestlcoin has been added to CoinID! With integrated cold and hot wallet support, and a host of other unique wallet features, CoinID can easily become your go-to wallet for storing Groestlcoin. More details can be found here: https://coinid.org/s/groestlcoin-wallet-overview.pdf
Integrated Cold wallet. Store your funds offline and sleep tight at night. All you need is a separate Android or iOS device.
Transaction Batching – A feature normally reserved for exchanges, CoinID supports transaction batching, allowing the user to group transactions into one, saving space on the blockchain and lowering your transaction fees considerably as a result.
Complete control – Your private keys never leaves your device. "If you don’t control your private keys, you don’t own your coins".
SegWit support – Support for Segregated Witness, which means smaller transaction sizes, lower fees, and supporting all 3 address types (grs1, 3, F).
Hierarchical Deterministic – Use a single set of keys for multiple coins and addresses. When an address is used, a new one is generated.
Cross-Platform – Built with React Native for rapid development cycles and cross-platform support.
The Groestlcoin BIP39 tool is an open-source web tool for converting BIP39 mnemonic codes to addresses and private keys. This enables the greatest security against third-party wallets potentially disappearing – You’ll still have access to your funds thanks to this tool. What’s New
Added Coinomi, Ledger Client, Groestlcoinomi, Trezor, Safe T, Core, Groestlpay and Samourai to BIP32 Tab
Added BIP49 support
Add BIP38 support
Add CSV tab for derived addresses
BIP84 tab for derivation path
Display version number in top right corner
Groestlcoin ticker is now also displayed
Refactor method to clear old data from the display
BIP44 ‘purpose’ and ‘coin’ fields have been made read only
Tab Order is now alphabetical
Improve showing feedback for pending calculations
Show error when using XPUB with hardened addresses
Rename variables for clarity between BIP49 and P2WPKH Nested in P2SH
QR Codes use correctLevel 3 instead of 2
Update compile script to work across python 2 and 3
Add BIP49 to More Info section
Reword entropy text to indicate using a single source only
Detect and warn when entropy is filtered / discarded
Use new xpub/xprv prefixes for Segwit BIP49
Allow more rows to be generated starting from a custom index
BIP141 tab added for full Segwit compatibility
Show list of word indexes. Checksum shows in entropy details
Populate entropy field with hex value used from PRNG
QR codes with accents now work correctly by replacing jquery.qrcode with kjua
Allow initial number of rows to be set by the user
Raw entropy shows groupings with space every 11 bits for easier usage
Warn that entropy values should exclude checksum
Warn when generating low entropy mnemonics
Warn when overriding weak entropy with a strong mnemonic length
Allow XPUB to be used as root key for Segwit derivations
Add visual privacy safeguard. List alternative tools
Update bootstrap from 3.2.0 to 3.3.7 and jQuery from 2.1.1 to 3.2.1
GroestlcoinJS library upgraded to v3.3.2
General code refactoring, numerous performance improvements and bug fixes
Electrum-GRS is a lightweight "thin client" Groestlcoin wallet Windows, MacOS and Linux based on a client-server protocol. Its main advantages over the original Groestlcoin client include support for multi-signature wallets and not requiring the download of the entire block chain. What’s New
HARDWARE WALLET SUPPORT: Archos Safe-T Mini is now fully supported
Electrum + Android Version 3.2.3:
If a BIP39 seed extension/passphrase contained multiple consecutive whitespaces or leading/trailing whitespaces, then the derived addresses were not following spec. This has been fixed, and anyone affected should move their codes. The wizard will show a warning in this case.
The PRNG used has been changed
Fix Linux distributable, ‘typing’ was not bundled and was required for Python 3.4
Fix spending from Segwit multi-sig wallets involving a Trezor co-signer when using a custom derivation path.
Several other minor bugfixes and usability improvements.
ivendPay and Groestlcoin cryptocurrency have announced the start of integration. IT company ivendPay, the developer of a universal multicurrency payment module for automatic and retail trade, intends to integrate Groestlcoin cryptocurrency — one of the oldest and the most reputable Bitcoin forks into the payment system. Groestlcoin is characterized by instant transactions with almost zero commission and is optimal for mass retail trade where micropayments are mostly used. According to Sergey Danilov, founder and CEO of ivendPay, Groestlcoin will become the 11th cryptocurrency integrated into the payment module. The first working vending machines for the sale of coffee, snacks and souvenirs, equipped with ivendPay modules, served the visitors of the CryptoEvent RIW exhibition at VDNKh in Moscow and accepted Bitcoin, Go Byte, Dash, Bitcoin Cash, Ethereum, Ethereum Classic, Zcash, Bitcoin Gold, Dogecoin and Emercoin. ivendPay terminals are designed and patented to accept payments in electronic money, cryptocurrencies and cash when connecting the corresponding cash terminal. Payment for the purchase takes a few seconds, the choice of the payment currency occurs at the time of placing the order on the screen, the payment is made by QR-code through the cryptocurrency wallet on the smartphone. The interest in equipping vending machines with ivendPay terminals has already been shown by the companies of Malaysia and Israel, where first test networks would be installed. ivendPay compiles a waiting list for vending networks interested in buying terminals and searches for an investor to launch industrial production. According to Sergey Danilov, the universal payment terminal ivendPay for the vending machine will cost about $500. The founder of ivendPay has welcomed the appearance of Groestlcoin among integrated cryptocurrencies, as it is another step towards the realization of the basic idea of digital money - free and cross-border access to goods and services for everybody.
All You Need to Know About Verge / Beginner's Guide
A short Background 2008 was the worst financial crisis the world had experience since the great depression. The efforts of banks worldwide were not enough to prevent its occurrence. Shortly after, someone by the name of Satoshi Nakamoto offered an alternative solution. A digital currency that removes the need for a central bank. His proposal written in the Bitcoin white paper, is summarized below:
A secure, decentralized network.
A system with economic properties.
No need for banks or rule makers.
Instant transactions without a need of a third party or government approval.
Bringing financial services to the unbanked 2.5 billion people.
Total financial freedom. No one can freeze your accounts.
Low transaction costs. No ridiculously high transaction fees.
A currency with finite amount where no one can print money whenever they want.
Bitcoin In 2009, when Satoshi Nakamoto launched Bitcoin, the network consisted of computers (in crypto terms, these are called Nodes) to approve transactions, movements of data along the chain. This allows for everyone willing to become a participant, creating a decentralized global network. Allowing for a decentralized currency, free of the control of politicians, or institutions. The rules can only be changed if 51% of the network agrees on it. This way the network is completely democratized and resistant to hacking attacks. Unlike today’s financial institutions, no one can freeze your account or prevent you sending money. You are the only person who truly holds your wealth. It is an open source project. Anyone can see the code and offer or discuss changes with the community. On the other hand, anyone participating to the network with computational power gets incentives or pay, with a fractional amount of BTC. Blockchain The core of a secure decentralized network like Bitcoin, lies the Blockchain technology. To put it simply, the blockchain is like a series of Lego, connected to each other by linking information, called transactions. These transactions contain the following data sender, receiver and the unique signature of the sender. The data will be converted into “hash” before being saved into a block. The bitcoin hash is generated using a set of cryptographic functions called sha256. This way the information is encrypted, is compressed and saved in the block. Additionally, each block in the chain, contains the information from the block before it. This ensures that if someone tries to maliciously modify information in a block, all the block following this attempt will be changed, making it easier to spot. Each block includes the information from the previous block. If someone wants to maliciously change the information in one block that change the complete result of all following blocks. In this type of network there is only one blockchain, and all the information is kept in a public ledger which is shared amongst all the participating networks. For the blockchain to be valid, more than 50% of the participants (nodes and their computational power) must agree with it. Bitcoin Today (2018) Until today many, many, events have happened. The network has grown massively. The underlying code is improved in many ways. There are more and more developers and investors that have entered the cryptocurrency space. Currently there are proposed changes being developed to the Bitcoin network that will make bitcoin rival the centralized networks of today (Visa, Mastercard), while significantly lowering the cost of these transaction. Many alternative cryptocurrencies have been created along the way, improving some of the aspects of the bitcoin and focusing on curtain applications, in the crypto-space, we call them altcoins. WHY VERGE The way that Bitcoin function, has severe flaws with regards to privacy:
Public Ledger: The transaction information is public, meaning, that transactions can be linked to a person.
IP Leakage: A persistent and motivated attacker will be able to associate your IP address with your bitcoin transaction.
Due to the above reasons, it was clear that there would be a need for a privacy coin. Different coins were then created that had this problem in mind. They were ‘too private’ in the sense that they completely by-passed the public ledger. The public ledger allows merchant to provide proof of transactions, which is important for bookkeeping. Enter Verge Currency, formerly Dogecoindark; which offers transaction on the ledger, both public and private. Allowing the user to choose if the transactions are public or private. VERGE CURRENCY 2014 saw the birth of Dogecoin Dark; in 2016, it was rebranded to Verge Currency. Verge improves upon the original Bitcoin blockchain and aims to fulfill its initial purpose of providing individuals and businesses with a fast, efficient and decentralized way of making direct transactions while maintaining your privacy. What is the Verge Currency Mission? Verge Currency aims to empower people around the globe using blockchain in everyday life and makes it possible for people to engage in transactions quickly, efficiently and privately. With Verge, business and individuals now have flexible options for sending and receiving payments. Verge Currency also offer helpful integrations and tools that enable them to handle large scale transactions between merchants and small-scale private payments. Is Verge Currency a private company and how is it funded? Following in the spirit of Bitcoin, Verge is an open-source software, and a community. It is not a company, never had an ICO. The development is entirely funded by the community and the developers. Currently Verge is looking into setting up an official Verge merchandise store, and an Official Verge mining pool, for multiple algorithms. Tech General technical capabilities of XVG blockchain:
PoW (Proof of Work)
Scrypt, X17, Lyra2rev2, myr-groestl and blake2s
Max Coin Supply
16.5 billion XVG
15.2 billion XVG
100. (Will be ~2000 with RSK)
Tor + I2P Networks
fully obfuscated IP address / User's Location is hidden
Private and Public transactions in one blockchain according to user's choice. Hides the sender and the receiver information.
Community Verge is a community-driven project. The community is the pillar of Verge, from the past to the future, the community built Verge. The community or Vergefam connects everyone from around the world, regardless of cultural background. The common vision is to provide everyone access to financial freedom, and the choice of privacy while transacting. Below you can find the Verge Telegram communities from around the world;
Mass Adoption Low fees, quick transactions, high volume in circulation, multiplatform support, Wraith protocol are the ingredients that make Verge perfectly positioned for mass adoption. Transact on the public ledger for everyday purchases or stay private if you wish so. Getting Started You can find the matching instructions as below:
How are you doing these days? I took a break from reddit in the 9 weeks. Holidays, work, health issues and family affairs interfered with my favorite hobby ;-) Things have returned to normal and it's time for a short update on the "Moonpledge" and to tell you about a new beginning! I hope u are all good and that you are ready for some great news and updates. Here we go:
608 SHibes promised to fuel Dogecoin with about $121,041.00
They also promised to give 5% of donations which is about $6,052.05 per year.
We are at about 10% of beating the Dogecoin expansion/inflation!
I started to Moonpledge on new moon 05/18/2015 an so far this is my status:
My Moonpledge address is DBXu2kgc3xtvCUWFcxFE3r9hEYgmuaaCyD and I have moonpledged 3,248,710.02 Doge so far!
I moonpledge almost every day for 1€, hold the Dogecoin for a moon year and give min. 15% donation.
Invested about $658.00 and if I sold all today I would get about $699.11. If I decided to quit and sell all my Doge at once, I would make profit of 6.25% - Donations of 15% included!
If I don't count my donations of 15% my profit today would be about 17.47%!
I also started to buy 1 Doge for 1€ once a week to show that Dogecoin is what we make it and not what the online exchange price is. Next Moonday 12/05/2016 9:09pm Berlin time. Here's a countdown link so you don't miss it
26.000 Doge in my projectfund to support Dogecoin related projects.
Why now is a great time to start/renew your moonpledge - the 12 moons price frontier!
I started to collect Dogecoin exchange data to measure the moonpledge status and as it turns out a 12 moons avarege price is a good indicator to determine if the Dogecoin price is pumped. Check it out: ! Moonpledge Chart
The golden line is the average daily Dogecoin price in USD
The orange line is the average price in the last 12 moons in USD
The silver line is the Moonpledge status today corresponding to the time you started your moonpledge. Expample if you started in May 2015 your profit today is a bout 15%
Right now is a great time to start/renew your Moonpledge because the daiyl proce is about 92% of the 12 moons price - meaning the dogecoin price is not pumped and lower than in the last 12 moons. Could not be better time to start ;-)
Maybe you shibes remember that I fantasized about founding a Dogecoin foundation. Feedback at that time was that we have already a foundation and that it's not good to have a rival foundation. I put a lot of thought to it and spoke to my people in the last moons and this picture has crystallized:
Here in Germany almost no one has an idea what money is - but everybody uses money!
No idea what Open Source - but almost evrybody uses open source Software!
Almost no idea what Open Source Crypto Coins! If they have an idea it' distorted and crypto coins are viewed as simple "internet money" - The first question is often: "Why should I use BTC/LTC/DOGE if I can pay with Paypal?
The concept of Open Source and Craypto Coins is to complex to explain in a few minutes
No easy way of saving/buying crypto coins!
Germans are afraid to shop online and give their personal banking info to shops - so there is a great potential where Dogecoin can jump in to shop without sharing personal banking information!
We have a big distrust toward the banks and people are unaware of the Open Source alternative
Children have no Problem with idea that Dogecoin is "internet money and that they can spend pocket money online using Dogecoin
All my discussions and talks lead my to following conclusion:
In Germany wee need a foundation that promotes the knowledge of Open Source, Money and Savings. The Germans long for an alternative to the money system and they have no problems with testing new ways, as long as they don't need to invest big sums.
Where does Dogecoin fit in this?
Every member of the foundation will automatically save/buy - guess what:
Because Dogecoin is the most fun money in the world and that's why we love it! Be kind and generous and good things will happen. Much greetings from Germany. To the moon together!
Today is New Moon, time for an Moonpledge update! 601 shibes promised to fuel the Dogecoin rocket with almost $120,000 a year! [Sorry for long post!]
Dear shibes all over the world!
How are you all doing? I hope I can lift your spirit with a little Moonpledge update! If you look at coinmarketcap list and you see Dogecoin is somewhere on the 13th place at you might get the impression that Dogecoin is not doing well or getting behind on it'S way to the moon. Many shibes have the opinion that Dogecoin is not worth saving because the expansion/inflation of 10,000 Dogecoin every Minute. And of course the opinion is out there that Dogecoin was only created out of fun and should be treated as such. All true and not true! It depends on how you look at it. Let me explain!
The fun part
Yes Dogecoin was created out of fun! And that doesn't mean that Dogecoin is a joke! It does not mean that Dogeoin is not worth anything or will not be around for the years to come. If you think a little about it you will realize that the best things started with fun. In fact all life started with fun! It's no disadvantage that something started with fun! It's no shame that something started out of fun! No matter how others think about us! The important thing is that we do what we love and it feels great to play with Dogecoin!
The features of the Dogecoin network
It's 10 times faster than Bitcoin and the network is running flawless since more than two and a half years. The network fee is the lowest there is (1 DOGE) and you can buy a lot of stuff with Dogecoin. But the most fun is to tip and donate with Dogecoin and if you look at the statistics you can see that Dogetipbot and the Dogecoin network has more than 10k transactions every day. The best part of Dogecoin is still you: the shibes. Without you Dogecoin is just another Crypto Coin without soul. With you Dogecoin is fun, exiting and it puts a smile on your face. Every time I tell someone new about Crypto Coins I tell him/her to start with Dogecoin! because Doge is love, Doge is life! And the shibes are truly one the friendliest online communities ever ;-)
The endless reward of 10k DOGE per Minute is here to make shure that Dogecoin will be mined. Today 10k Doge is traded for about about $2.33 that. That means we would need about $3,397.65 today to beat the inflation today! That may sound a lot to you, but please keep in mind that DASH needs $17,802.25, Litecoin $55,058.98, Ethereum $390,234.46 and Bitcoin more than a Million USD to beat the expansion of new coins today. You see! No worry there! If we look at the expansion per year we can see that Bitcoin has the lowest expansion of 4.1496% per year, right after that is Dogecoin with 4.970% and than DASh 8.417%, Litecoin 11.104% and Etherum 13.970%. This will stay this way in the next few years and on the long run Dogecoins expansion will stay in the TOP 5, depending on what new coins the future brings.
How to invest in fun without getting burned!
We all invest time, work, effort, love and money in something every day! Some shibes like to play, others invest in their relationship, some help freinds achieve something or invest time in their career. Whe I fell in love with Dogecoin (believe it or not: it's the first online community I'm enganged in) I asked myself hwo could I give back to the community and support the great potential of Dogecoin. I wanted (and still want) to invest love, time, work and money without ruining my self if it fails. I would love to buy one day my ticket to the moon with Dogecoin ;-) I have some free time, I work every work with the computer and it's no Problem for me to invest one EUR every day. If my dream fails, it wont ruin me! So I started to talk with you shibes about this idea and after a few moons the Moonpledge idea took shape. It's quite briliant, because there is no central organization, no third party to trust, no control or pressure. It's just you and your promise! The fun of investing constantly small sums you can afford to loose makes you feel relaxed and it's most fun to see how your fun investment get's bigger day by day. This also works with other coins and by the way: If you had started to moonpledge Bitcoin on the day the bitcoin price was it's peak today you would have a profit of about 50%. The Moonplege is basically low risk and much fun to do!
The Moonpledge status
The Moonplege started on new moon 16th June 2015 just before Dogecoin reached 100 Billion! And today I am happy to announce that 601 Shibes made a promise to fuel the Dogecoin rocket with almost $ 110k a year! That's something, isn't it? Still have 90% to go to beat the expansion and lift Dogecoin to the moon! We can see that the yearly average price of the of Dogecoin is going up sine January 2016 after a two year downward trend and today the price is about 13% above the yearly average price. That's good news and we are heading up towards the moon!
Don't be shy and brag about your Moonpledge
Since you shibes are shy and don't post much about your Moonpledge let me to do the honor: My Moonpledge address is DBXu2kgc3xtvCUWFcxFE3r9hEYgmuaaCyD I started my Moonpledge on 2015-05-18 and moonpledged 2,853,525.04 Dogecoin so far! I Moonpledge every day for 1€, hold it for a moon year and give min. 15% donation. The Dogeprice on 2015-05-18 was about $1.14for 10k Doge. The Dogeprice today is $2.32 for 10k Doge. If I decided to quit and sell all my Doge at once, I would make profit of 21.99% (15% Donation included in the calculation) I invested about $543.07 so far and if I sold all today I would get about $662.46. I also do the 1 EUR = 1 DOGE Moonpledge very Moonday jsut for pre fun that I can later say: I was the first to do this ;-) I met great shibes and engaged in many activities, gave a lot of donations and tips and still do so.
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Preparing Mix Tape #1 - Organization and Participants!
Update: Sign ups all done and confirmed! I'll post the megathread in a few hours with a starting time, the theme and everything. I know the day the deadline is going to be, it's going to be Monday the 23rd, so you need to submit your games before the time I post in the megathread.
As you can see, there are 16 slots! The developers on the list can either confirm in the comments that they want to participate or reply to the PM I'll be sending them shortly.
Update: Sign ups all done and confirmed! I'll post the megathread in a few hours with a starting time, the theme and everything. I know the day the deadline is going to be, it's going to be Monday the 23rd, so you need to submit your games before the time I post in the megathread.
Make sure you understand what we expect of you before commenting and remember if this is successful, there will be more mix tapes in the future!
The developers post their first comment outlining their idea for the game and edit the comment when they have something to share. Treat it as a blog, a newsfeed, or whatever floats your boat. You can post a link to a livestream of you making the game when you're working on it, for example! Be sure to state if the game will be downloadable or a browser game.
Work on the game and as you work, people will come and go to the thread, post feedback and throw tips in the jar or if you're lucky, will tip you directly. That's why you need to have the best game out of all participants! ;)
The first Mix Tape is simple. When your game is done, post a link to the download or a link to the browser game. I'll collect all downloadable games, put them all in a zip on Dropbox and make that available for people to download. I'll include links to the browser games as well.
After the Mix Tape is done, be sure to provide bug fixes, updates and patches in your original comment or replies.
You keep your personal tips and the tips from the jar will be evenly distributed to all participating developers.
So the better people like your idea, the more tips you get. But also, since the mix tape jam will be longer, games are expected to be more polished than from a typical game jam and progress should be documented in the comments. If there are no updates and the game is a rushed low-quality game, then the other developer may feel it to be unfair to evenly split the tip jar and we'd have to get together and talk it over. Think of this mix tape as a showcase of your game but also of you as a developer! Take pride in your work and presentation! If there is a lesson I hope everyone can learn from this, that's the importance of presentation. Again, nothing is stopping people from tipping you directly.
3. Things to Agree Upon
Okay so we need to establish a few things.
How much time should the first mix tape be made in?
This'll be in weeks... so one week? Two weeks? Three weeks? Four weeks? I think two weeks should be fine. It's not so long that people lose interest and gives you more time than a typical game jam. Of course you guys decide, so 4 weeks is also okay!
Thoughts? You can suggest your own version as well!
OS and Platforms?
I think all the games should be able to run in Windows, but if you can, be sure to submit other versions of your game! If the game is online, be sure to state that in your comment post. For the first mix tape we'll keep it simple, but if the idea gets popular, we can also hold all Linux mixtapes or all Android or iOS mixtapes in the future.
Dogecoin and Bitcoin
To keep things simple and transparent so that everyone sees where the tips are going and can calculate how much they should receive, we'll use changetip and dogetipbot for the tips. Be sure to get an account linked to your reddit account at cointip.com and dogetipbot.com. Your tips will be safe there until you choose to send them somewhere else! All the tips go to the participating developers. Check out the Q&A hosted by one of the /dogecoin mods if you have questions about cryptocurrency!
We'll discuss the points I raised and anything else you want to discuss and once we figure out who's in the first mix tape, we'll start it up!!!!
Update: Sign ups all done and confirmed! I'll post the megathread in a few hours with a starting time, the theme and everything. I know the day the deadline is going to be, it's going to be Monday the 23rd, so you need to submit your games before the time I post in the megathread.
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