Home » Cryptocurrencies » Dogecoin ( DOGE ) Add your review Dogecoin is a decentralized, peer-to-peer digital currency that enables you to easily send money online.”Doge” is their fun, friendly mascot!The Shiba Inu is a Japanese breed of dog that was popularized as an online meme and represents Dogecoin.Dogecoin sets itself apart from other digital currencies with an amazing, vibrant community made up of friendly folks just like you.Website Explorer http://dogechain.info/chain/Dogecoin Announcement /index.php?topic=361813.0 5 Add your reviewLitecoin this week feels quite sure.Having fixed its price higher than 0.08, the exchange rate of LTC:BTC isn't going to fall yet.However, only because of falling Bitcoin prices, Litecoin decreased almost to $3.At the beginning of the week, Litecoin’s price was slightly above where it is now, approximately at $3.15.The local top of $3.300 turned into a deep collapse and after falling on a course to $3, Litecoin’s price did recover a bit.

Now, Litecoin’s price sits at about $3.10, and next week it will be at $3 and below.Purchases of Litecoin lower than $3 are of interest, especially from a long term perspective.DASH has had a strong position and is one of the leaders in trading volume on Poloniex exchange.This cryptocurrency had almost no reaction to the fall of Bitcoin’s price.This week, DASH was in the corridor between 0.01 and 0.011, with a peak of 0.012.It would be logical to expect the same dynamics next week too.ETH this week faced a remarkable volatility.The week began at the level of about 0.005.It then had growth practically without pause, with a local top of 0.0074.It then dived to 0.048, made another start and again reached the level of 0.007.Attempts to reach new tops continue, but efforts weaken and each new top becomes lower than the previous.The next week will become a week of price correction.Both smooth recession, and uncontrollable falling of the superheated market of ETH are possible.Dogecoin became the sensation of January 2016, having risen in price for this week more than two times.

Trading volumes are huge, and some days, Dogecoin stayed at first place on trading volumes on Poloniex.Other exchanges of cryptocurrencies too didn't lag behind.The volume of trade of Dogecoin only on Poloniex exceeded one million USD a day!Not bad for the cryptocurrency which was thought to be just a joke!In the beginning of the week, Dogecoin was growing steadily.It passed the levels 40 and 50 of Satoshi quickly.In next three days, it achieved a new top of 137 Satoshi and it was an hour of triumph for Dogecoin.Now the cryptocurrency’s price is about 80 Satoshi.Next week, we can wait for a correction, at least, to 60 Satoshi.Perhaps, the price will return back to 40-50 Satoshi.So Cinderella will return from the ball, and the fairy tale will come to the end.This week, Peercoin had very good positions too.Having fixed higher than $0.40, the price then reached $0.48.From these tops, however, Peercoin fell following the fall of Bitcoin.Nevertheless, PPC:BTC exchange rates remain higher than 0.001.

Further falling of Bitcoin will give the chance to buy Peercoin lower than $0.40.If Bitcoin trades remains in a flat, conservative trend, Peercoin won't give us the chance to make good transactions.ethereum nvidia 1080Growth next week, therefore, is improbable.bitcoin nuggetsWallet Website Exodus is a multi-cryptocurrency wallet that boasts an easy-to-use UI.bitcoin cambio monetaYou can keep your Bitcoin, Ethereum, Litecoin, Dash and Dogecoin all in one place and easily calculate and organize your savings with their pie chart portfolio.ethereal knives chainExodus has a built-in exchange that allows you to instantly trade the supported coin between themselves.bitcoin speed up blockchain download

The backup wizard will allow you to keep your wallet safe and ready for later use.Related guides Compare and Choose a Bitcoin Wallet?Compare and Choose a Bitcoin Debit Card?What is a Bitcoin Paper Wallet?bitcoin mining atomWhat is a Bitcoin Hardware Wallet?bitcoin word originWhat is a Bitcoin Web Wallet?bitcoin gokkenWhat is a Bitcoin Brain Wallet?bitcoin historical market capWhat is a Bitcoin Private Key?What is Elliptic Curve Cryptography?How to create a Bitcoin address from a Public Key?How to store Bitcoins?Latest Tweets Tweets by exodus_ioSo went the enthusiastic, disjointed dialogue of the 'Doge', the cute Shiba Inu dog turned internet meme that was later adopted by cryptocurrency users in search of a less serious twist on the tech.

From 2013 to 2014, dogecoin carved its place in the crypto world, in part because its community used it more as a currency at a time when rivals bitcoin and litecoin were typically held as (serious) assets.At its height, hundreds or thousands of dogecoins would zip around Twitter and Reddit, sent back and forth between users who collectively dubbed themselves 'shibes'.That momentum then expanded out into more serious endeavors, with the community raising money to fund a bobsled team and water wells in developing countries, among other charitable initiatives.But as the cryptocurrency protocol closes on 18 months without an upgrade, is the fun-loving dogecoin finally dying?And what does dying even mean for a distributed software currency?According to Jackson Palmer, the cryptocurrency's founder (who departed the community amidst growing acrimony in 2015), dogecoin has seen a broad decline on the development side – a state of affairs that doesn't bode well for its longevity.

Palmer, who continues to maintain his distance although he checks in on the parody currency every so often, told CoinDesk: "New features aren't being implemented into dogecoin because there's no active development anymore.Eventually, it will become outdated.And with that, the network will organically wind down."A look at the dogecoin GitHub page bears out this perspective to some degree.According to data available, no changes have been made to the code since 20th October, 2015, and since a burst of activity in the middle of that year, contributions have essentially ceased.Perhaps more telling is that trade volumes have also declined sharply since the cryptocurrency’s peak in popularity, according to CoinMarketCap.People are moving on, said Palmer."A lot of people that cut their teeth on dogecoin have moved on to bigger and better things," he said, adding that most of those people have migrated to platforms like ethereum.On the other hand, the currency looks quite healthy compared to others, since new mining power continues to come online and dogecoin's hash rate keeps on climbing, according to data from BitInfoCharts.

Yet Max Keller, lead core developer of dogecoin, confesses that metric probably doesn’t hold much weight since the altcoin is merge mined with litecoin, meaning that litecoin’s hashing power provides security to the dogecoin network as well.Keller suspects most new miners to dogecoin come in from litecoin (since dogecoin mining is not profitable anymore) – not only because the price of dogecoin has dropped, but also the mining reward for adding a new doge-block has fallen to 10,000 coins, or about $2 in US dollar terms.And this low price point (dogecoin's all-time high price was around 200 satoshis, equal to about $0.002), is one of the reasons many cryptocurrency enthusiasts don't see it as being worthy of attention.Yet the cryptocurrency continues to provide value to a group of people that together trade anywhere between $50,000 and more than $200,000 per day, data shows.And its three-person volunteer development team continues to keep tabs on the project, albeit when they have the spare time.

"It's a DIY project for us, a hobby just to pick at every now and then," explained Ross Nicoll, a 37-year-old dogecoin developer.In brighter news for the shibes, though, Nicoll told CoinDesk that he’s likely to take some time off from his day job as a software developer at blockchain consortium R3 to work on a dogecoin upgrade soon.Keller too, hasn't given up on dogecoin, adding: "When you’re part of a community that large for over three years, you do get attached.Plus, you know how it works and if you can relatively easily apply that knowledge to an update, or providing something new to the community, why not do it?"According to Keller, who’s also a mobile app developer for German Railroad, the only way he’d abandon his role as a dogecoin developer would be if everyone stopped using it.Therein lies the true question as to whether or not a cryptocurrency protocol – like other kinds of software – can experience a true kind of 'death'.According to Nicoll, that’s no easy task.

Even the old dogecoin client (current until a February 2014 fork) could still be used today if two nodes began running the client and were able to connect with one another.With the right software, they could mine each other’s transactions, pocketing thousands of albeit valueless tokens.Cryptocurrencies are "a bit zombie-like", Nicoll said."It's very, very hard to kill a cryptocurrency."Some might call a valueless cryptocurrency 'dead', but that would be missing any educational or entertainment value the token might provide.For instance, Nicoll said even after the 2014 fork, shibes were moving the old version of the coin around for about five or six months."It was a functional currency, but you couldn’t use it at shops or on exchanges.We don’t know why they were doing it, but they were having a whale of a time," he said.But how do you really kill it?The proverbial headshot for a 'zombie coin', according to Nicoll, would require removing the original code from GitHub, making it exceedingly hard to recreate it since very few people keep copies of source code material.

Yet the nature of open-source software means that, in that rare instance, copies of the code could still be floating out there somewhere on the internet.According to Gideon Greenspan, founder and CEO of Coin Sciences, there’s another way to inhibit these crypto zombies that would be just as detrimental as outright death."When there’s a spiral of decreasing value and decreasing mining until [the cryptocurrency] becomes very insecure in terms of proof of work, at that point someone attacks the cryptocurrency with a 51% attack, possibly reversing a long period of seemingly confirmed transactions," Greenspan said."The currency becomes completely discredited and worthless, since no one can transact in it with confidence."And even without being attacked, a coin can be discounted.That, according to Greenspan, happened to mastercoin.When the price of the cryptocurrency began to drop, the developers stopped believing they were working on a project that would enrich them in the future, he said.

As a result, they dumped their mastercoins, only worsening the effect, he said.The result is more of an economic death, said Keller, rather than a technological one.As it stands today, dogecoin likely won’t see a technological death.The current core devs are adamant about keeping the network running for the community – as long as there are people that want to learn about cryptocurrency via experimentation, or more serious users that still purchase digital goods and items on Steam, a marketplace for PC games.Nicoll said an update for dogecoin will likely come very soon, since bitcoin has gone through two or three upgrades focusing on performance and user interface improvements since dogecoin was last updated in 2015."That all tips an upgrade towards more reward than risk," said Nicoll.One update that dogecoin is unlikely to integrate is Segregated Witness, a proposed scaling upgrade for the bitcoin network.The core team doesn’t see SegWit as potentially beneficial to dogecoin, which doesn’t have the same constraints as bitcoin, since its release rate is much faster.