IS DODGE COIN THE FUTURE OF CRYPTOCURRENCY??

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Dodge coin is one of the several altcoin(i.e an alternative coin that works on the basic framework such as the Bitcoin (BTC) available in the crypto market, they are virtual alternative currency to that of the Bitcoin that uses a technology called the block chain that permits a secure peer-to-peer transactions.

It was created by two software engineers namely; Billy Markus who was an IBM software engineer and Jackson Palmer who was a Adobe software engineer.
The inception of the altcoin(Dodge) was to create a peer-to-peer digital non-centralized currency that could reach out to a wid and broad demographic than the Bitcoin(BTC) and other altcoin.

Dodge coin was incepted with a peculiarity so as to distance itself and have a solution to controversial history of other altcoins and shitecoins..

Dodge coin was officially launched by it's creator on December 6th, 2013 and within a short period of a month(30 days to be precise) they were already millions of visitors visiting the domain of the coin which is Dodgecoin.com.

The idea of Dodge coin came into reality by the help of two men who one of them is Jackson Palmer who was then a member of the Adobe community who was in the marketing department back in sydney, he then bought the currency domain which is Dodgecoin.com and added a splash section which had some features such as the currency's logo and some Comic San text scattered on the Domain.

And also the coin into reality by the second person who is Billy Markus of the IBM(International Business Machines) community,he was then a software engineer in the firm and he saw Palmer idea about Dodge coin, so he reached out to him after seeing the site(which has the domain; Dodgecoin.com) created by Palmer and started efforts towards the development of the coin.

Dodgecoin protocols was designed by Billy Markus based on the existing protocol of other cryptocurrencies protocol such as the Litcoin(LTC), Luckycoin which uses a scrypt technology in their proof-of-work algorithm.

In Dodgecoin there is a block chain or a recording ledger that allows someone sending from his digital wallet to another users digital wallet using a private key, the transaction are always permanently recorded, so therefore exchanges can't be altered or denied.. It is a blockchain technology which is secured by mathematics proofs which confirms transactions in block.

Dodge coin uses a script technology which means that miners cannot mine thought the SHA-256 Bitcoin mining tool, but rather must uses a dedicated FPGA and ASIC devices for mining which are understood to be kind off complex to produce.

After somedays of the official launching of the coin, about 7 days after the official launching to be precise which was the 13th of Decembe 2013, the coin free with a percentage rise of about 300 percent at the Moment where Bitcoin and some other coins were feeling from the China's decision to forbid their banks in investing in cryptocurrency.

This made the coin to record a volume of billion Dodgecoin per day and made the price of the coin to a hike From $0.00026USD to a new $0.0095. Due to this hike three days after the coin experience its first major crash due to the large mining pools exploiting the small and minimal amount of computing power as at that time to mine Dodgecoin..

so the demand was high d output of mining was low as at that time which made the coin to to be depreciated to an 80 percent crash.

Dodgecoin experienced a major setback on a Christmas day whichs was the 25th of December 2013 as millions of dodgecoins were stolen through an online hack on the cryptocurrenccy wallet platform which was the hack on Dodgewallet.

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Despite the theft and breach on Dodgecoin wallet, the Dodge community grew relentless and thereby initiating an innovation tagged 'SAVEDODGEMAS' an idea to help donate coins to those who were affected by the theft that occured..

Over the years unlike other altcoins who have emerge over the years and has gone down and dead, the Dodgecoin has maintain to keep up with their policies and developing new strategies in order to gain relevance in becoming one of the major altcoin.

For example, in the beginning of the year 2014(January), the trading volume of Dodge coin quickly surpassed that of the Bitcoin and all other cryptocurrency combined, although this great stride of Dodgecoin was only for a short while (briefly). However Dodgecoin might have achieve a stride in surpassing the Bitcoin trading volume, it's market capitalization still remained substantially behind that of the Bitcoin capitalization.

Also initially dodgecoin used to be operating on a randomized reward feature that is received from each mining block but an upgrade was initiated in March 2014 which isknown as the 'static block reward'
Since the inception of Dodgecoin, Dodgecoin have been growing and recorded a peak of $0.017USD towards the ending of the year 2017 and beginning of the year 2018 which brought its total market capitalization close to $2 billion USD and since then it has been involved with so many transaction..

Dodgecoin can surely be said to be one of the currency to watch out for in this year and also in the future as it just got surged and stimulated in the direct listing of the cryptocurrenccy exchange platform which is coinbase in April 2021, alongside some other cryptocurrencies..

Due to this stride and some other factors Dodge coin recorded a new peak of $0.10USD before hitting a new high of $0.045USD two days after which was on the 16th of April.This made the coin to hike up with a 400 percent increase with a volume of $70 billionUSD being traded within the next 24 hours of that day..

As at now Dodgecoin is one of the five highest value cryptocurrency after recording about $50 billion as it's market capitalization value ..

Of a recent Dodgecoin came into limelight, recognition and also a currency to watch out for i the future andwhen spaceX headed by Tesla announced a ride share mission fully funded by Dodgecoin on May 9th..

Also one of the interesting feature of Dodgecoin is that it has a one(1) minute block time as opposed the Lite-coin 2.5 minute block time which is regarded as one of the fastest to..



With the development of Dodgecoin over the years and also the stride with spaceX it is really an interesting coin in which Users should watch out for in the crypto world as it will push it way through to the top sooner or later..

Thank you for stopping by to read my article.

If you actually like what you see😃😄😉,watch📷📺📸 and read📖📋 I would equally be grateful for an upvote♥️⚡ a very cool comment under my comment box or a reblog 🌀😏 for everyone to see ... and perhaps maybe you would like to follow me for more of my Post to show on your own feeds. Don't miss any of my Post.🔝. Special thanks to all who put big smiles on my face with Auto Upvote for always being supportive to me 💞💯.



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If you actually like what you see😃😄😉,watch📷📺📸 and read📖📋 I would equally be grateful for an upvote♥️⚡ a very cool comment under my comment box or a reblog 🌀😏 for everyone to see ... and perhaps maybe you would like to follow me for more of my Post to show on your own feeds. Don't miss any of my Post.🔝. Special thanks to all who put big smiles on my face with Auto Upvote for always being supportive to me

I very much dislike what I see. Because I see this:

  • You still participate and support steem (place under JS dictatorship)
  • You support Project-Hope here on Hive (group of hidden vote-selling)
  • You are shilling dogecoin (THE WORST OF ALL SHITCOINS)
  • You dont stake Leo, are selling everything you gain (no good for community)
  • You encourage using "Auto-upvotes" . See quote above. (which is bad to tribe as well)

I would be happy if you go to steem, and never come back.
You can do what ever you like (this is open blockchain).
So CAN I.
Including downvotes.

Posted Using LeoFinance Beta

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