Dogecoin (Ɖ) is one of the many opensource cryptocurrencies that has penetrated the post-Bitcoin marketplace.As of February 2014, Dogecoin rates fifth (5th) in market capitalization among Bitcoin, Litecoin, and all other cryptocurrencies (source).This particular coin’s name is based on the “doge” meme, a slang term for “dog”.Dogecoin is a fork of LiteCoin (presently third in market capitalization) and is based on the scrypt cryptographic algorithm, instead of being SHA-2-based like Bitcoin.The fact that Dogecoin is scrypt-based means that you can still actually mine Dogecoin with your Graphics Card or CPU (or Liquid Web server).Without further delay… to the moon!First, you’ll follow a simple best practice: ensuring the existing packages are up to date before installing anything new.Then, you’ll install some of the required dependencies that won’t need to be compiled from source.yum -y groupinstall "Development Tools" yum -y install zlib-devel bzip2-devel wget python-devel echo '/usr/local/lib' > /etc/ld.so.conf.d/usr_local_lib.conf && /sbin/ldconfig echo '/usr/local/lib64' > /etc/ld.so.conf.d/usr_local_lib64.conf && /sbin/ldconfig The current version of OpenSSL in CentOS is 1.0.1e, which is only one release behind (as of February 2014).

This version, unfortunately, will not work with dogecoind because it doesn’t include all of the required components.For the purposes of this tutorial, you’ll install the most current version (openssl-1.0.1f) concurrently with the system version.bitcoin mine on raspberry picd /usr/local/src /source/openssl-1.0.1f.tar.gz | tar xzv cd openssl-1.0.1f ./config shared --prefix=/usr/local --openssldir=/usr/local/ssl make && make install cd /usr/local/src wget -qO- http://downloads.sourceforge.net/boost/boost_1_55_0.tar.bz2 | tar xjv cd boost_1_55_0/ ./bootstrap.sh --prefix=/usr/local ./b2 install --with=all cd /usr/local/src /berkeley-db/db-5.1.19.tar.gz | tar xzv cd db-5.1.19/build_unix ../dist/configure --prefix=/usr/local --enable-cxx make && make install cd /usr/local/src ldconfig mkdir /usr/local/src/dogecoin-master cd /usr/local/src/dogecoin-master /dogecoin/dogecoin/archive/master-1.5.tar.gz --no-check-certificate | tar xzv --strip-components 1 cd src make -f makefile.unix USE_UPNP=- BDB_LIB_PATH=/usr/local/lib OPENSSL_LIB_PATH=/usr/local/lib64 The dogecoind binary should now be compiled.borsa con bitcoin

Next we’ll strip the debugging symbols out of the binary and move it to a location that allows for easy execution.strip dogecoind cp -a dogecoind /usr/local/bin/ Most scrypt-based cryptocurrencies use a configuration file that is nearly identical to LiteCoin’s.bitcoin kanye westIt is generally safe to use Litecoin documentation when looking up configuration variables.litecoin single miningIf you do not have a standard non-root user, then you can create one using the useradd command.ki?m bitcoin mi?n phi nhanhIn this example we’re going to create a user named doge.bitcoin bip 9Assume the identity of the non-privileged user, doge.rib bitcoin

Now that you’ve assumed the identity of a non-privileged user, you will want to run dogecoind for the first time.[doge@doge01 ~]$ dogecoind Error: To use dogecoind, you must set a secure rpcpassword in the configuration file: /home/doge/.dogecoin/dogecoin.conf It is recommended you use the following random password: rpcuser=dogecoinrpc rpcpassword=G2AYeU66DQdChULRNgBn6AnqbezNkGHChTULLykx1Tuw (you do not need to remember this password) The username and password MUST NOT be the same.bitcoin über torIf the file does not exist, create it with owner-readable-only file permissions.bitcoin forum irc The first run of dogecoind as a user (doge , in this case) will generate the required directory and files.You’ll now fetch a basic configuration file and modify it to suit your needs.This file contains nothing more than a few current nodes, so you will need to modify it.

Again, it is generally safe to use Litecoin documentation when looking up configuration variables.For a refresher on editing files with vim see: New User Tutorial: Overview of the Vim Text Editor And a video for your enjoyment:_ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote 4 down vote favorite 2 According to Dogecoin's bitcointalk-thread there will be a maximum of 100 billion dogecoins.Yet, just below that figure is stated that the reward schedule offers a reward of up to 1 million dogecoins for each of the first 100k block, which would amount to 100,000,000,000 doges already rewarded for the first 100,000 blocks.The subsequent next 500k blocks would up the total doges to just shy of 170 billion dogecoins.It also states that there will be a constant reward of 10k doges starting with block 600,001.This information is inconsistent and I am wondering, how the reward schedule is actually implemented: Is there a maximum of dogecoins or will the amount continue to grow infinitely as suggested by the constant reward?

dogecoin reward-schedule up vote 4 down vote The Dogecoin reward schedule I subsequently found the information that the Dogecoin reward schedule provides random amounts sized between 0 and a halving maximum for the first 600,000 blocks: Block 1 — 100,000: 0-1,000,000 dogecoins Block 100,001 — 200,000: 0-500,000 dogecoins Block 200,001 — 300,000: 0-250,000 dogecoins Block 300,001 — 400,000: 0-125,000 dogecoins Block 400,001 — 500,000: 0-62,500 dogecoins Block 500,001 — 600,000: 0-31,250 dogecoins Block 600,001+: 10,000 dogecoins How much?At optimal random distribution, the first reward interval would provide 50 billion dogecoins.Altogether, the first 600,000 blocks would provide an estimated ~98.44 billion dogecoins, leaving another expected 156,250 blocks to be mined with the subsequent constant block reward of 10,000 doges per block.As the block time is aimed to be 60 seconds, the reward is expected to halve every 69 days, 10 hours and forty minutes.