dogecoin value may 2014

Comments Closed Increase transaction fees as the network grows Closed Closed Closed Closed Closed Closed [SPAM] Market cap request Closed Rather than to inflate, let's find a real solution Sign up for free to join this conversation on GitHub.Already have an account?Sign in to comment You signed in with another tab or window.Reload to refresh your session.You signed out in another tab or window.Reddit, Dogecoin support NASCAR racer at TalladegaChat with us in Facebook Messenger.Find out what's happening in the world as it unfolds.Story highlightsReddit and Dogecoin sponsor NASCAR racer at TalladegaA 16-year-old fan led the unusual effortThe effort raised $55,000 to sponsor the No.98 car in less than a weekDriver Josh Wise responded with Reddit AMA thanking new fansWhat do you get when you combine a cryptocurrency, 752 left turns and a 16-year-old Reddit user?For NASCAR Sprint Cup driver Josh Wise, it all adds up to sponsorship for one of the most exciting races of the year and a new bunch of tech-savvy fans.Introduced in late 2013 and named for a silly Internet meme, Dogecoin is digital currency like Bitcoin -- basically cash for the Internet.
Money can be transferred nearly anywhere in the world for less than a penny per transaction and has been used prominently for charitable and notable causes."Iknew that Dogecoin had done some significant fundraisers, like sending the Jamaican bobsled team to the Olympics," Pavel said."I was thinking what kind of response I would get if I did ask the (Reddit) community about sponsoring a Sprint Cup car.They were all with it."Forhis part, Wise promoted the effort on Twitter and also did an Ask Me Anything (AMA) session on /r/dogecoin.He even claimed the Reddit user name "dogedriver" to keep the momentum going. readers are really lucky to get some insight into Dogecoin, one of the most famous altcoins to have blasted into crypto-consciousness in the heady first half of 2014, a time when shibes weren’t just howling at the Moon – they were howling on the Moon!This Doge article/interview was written for several reasons. continues to develop into a fully-inclusive independent crypto news outlet, alongside the regular Reddcoin updates we have been working to bring readers high-quality information about the big crypto projects including interviews and articles about Bitcoin, Ethereum, Monero and others, along with general crypto news.
As one of the “tipping” currencies, Reddcoin was always like a little sibling to Dogecoin, and despite some of the standard inter-community barking that happened between a lot of projects back when alternative cryptocoins exploded in popularity in 2014, there has always been some cross-community socialising at the same time. posts – it feels great to be able to give something back to say thank you.So for the reasons above, and in the spirit of full community collaboration, contact was made with the Doge subreddit mods to request some answers to a few questions about Doge, its colourful history, its plans for the future, and more.Mod peoplma very kindly offered to help, and all reddheads, shibes and readers who enjoy the following can largely thank him for it.The rest of the thanks goes to the extraordinarily creative Dogecoin community – reddheads was utterly spoiled for choice for pics to accompany this piece!😉 RH: While brushing up on my Doge knowledge for this interview, I found that you are quoted in a 2014 article about merged mining (more about that later) on Coindesk.
So it appears that you’ve been around for the full stretch.I can appreciate that, having been part of the Reddcoin community from quite early days until today, throughout thick and thin.Can you tell us a bit more about yourself and how you came across Doge, why you joined the community and became a moderator, and what kind of activities you get up to these days as a community member?ensayo de bitcoinI first heard about Bitcoin around early 2012.bitcoin sidebar gadgetI remember installing a MT Gox price ticker widget on my phone and watching the price bounce around from $4-$15 or so (obviously, like many I’m kicking myself now for not having bought in).ceo of bitcoin found dead in singaporeIn July 2012, I somehow managed to mine about 0.09 BTC at Slush pool.ethereum oracle
Then basically forgot about it, having never even downloaded a wallet (but recently I logged back in to Slush and found my BTC still in my account after 4 years!)Anyway, I found it all very confusing and kind of overwhelming.litecoin hashrateI got a new phone, didn’t reinstall the price ticker app, and I pretty much forgot about Bitcoin.ethereum rig price2013 bubble happened and I started hearing about it in mainstream media, and my interest was renewed.Shortly after, Dogecoin was launched in early December 2013 and I found it hilarious, having not yet drank the cryptocurrency koolaid myself.I started mining Dogecoin during the Xmas break on a 2 year old gaming laptop.Even with such crappy hardware I was getting several thousand Doge per day as the mining reward was ludicrous.I found the Dogecoin subreddit shortly after.It began bringing in TONS of new people to cryptocurrency (myself being one of them), many of whom had similar questions as I did starting out.
So I sort of fell into the role of answering questions and explaining it to noobies.Not that I knew much more than them at the time, but  I’m one of those people who learn better by explaining things to others as I think through the answers (and the non-real time communication of a forum like reddit allows you to research).Anyway, a helpful mod (/u/mumzie) noticed and she and /u/42points invited me to help moderate /r/dogecoin, I guess it must have been April 2014.That’s when I fully fell down the crypto rabbit hole, and I’ve been learning new things about it pretty much every day since.These days, I still help out noobs whenever I see them, and try to help facilitate projects that the community is interested in.I’m very slowly learning a bit about programming, starting in python, so that I can contribute some useful things.For example I made a Bitcoin/Litecoin/Dogecoin tip bot for Slack using the block.io API, which you can see on my github profile and witness just how terrible my programming is (but hey, it works).
RH: For those who might not know about Dogecoin (is that even possible?)the cryptocurrency was originally launched by a programmer named Billy Markus, who wanted to create a fun cryptocurrency that would appeal to the wider Internet community and start afresh and away from some of the controversy surrounding Bitcoin.Markus was joined by Adobe marketeer Jackson Palmer, who after reading an article about the Doge meme in December 2013 (and before Dogecoin was even created) jokingly tweeted that investing in Dogecoin was going to be the next big thing… and the rest, as they say, is history.Can you share some of your memories of the first time you heard of Doge, and the early days of the community?Billy didn’t set out to create a fun crypto that would appeal to a wider audience.In fact I’m pretty sure he still thinks cryptocurrency is kind of stupid yet intriguing, though I don’t want to speak for him.He saw Jackson’s tweet and thought it was hilarious, and decided to make the Dogecoin joke into a reality.
I wasn’t there in those very first few days, but it was based off of Luckycoin (which was in turn based off of Litecoin) and had a “random” block reward which was ridiculously high (1 to 1 million, average 500k) that was later found to be non-random and quite predictable, and the devs took out the randomness because profit switching pools were taking advantage.The joke took off first on 4chan.And as 4chan is wont to do, spammed and brigaded it all over the internet with newly created Dogecoin memes.Quickly it came to Reddit, and mohland created Dogetipbot to claim a bounty for a tip bot which spread awareness of Dogecoin all over reddit (before it got banned by many popular subreddits)./r/dogecoin/comments/1xdl18/dogecoin_hype_video_competition_all_9_winners_and/ and the making of it.RH: OK, thanks for putting me straight there about how Billy Markus first made Dogecoin!🙂 One of the most astounding and inspiring aspects of the Dogecoin has been the extreme generosity shown on regular occasions by the community.
reported in March 2014 that an anonymous Twitter user donated 14 million DOGE ($11,000) to the Doge4Water fundraising campaign to bring clean water to Kenya.The campaign ultimately raised more than $50,000.The Dogecoin community also raised money (SaveDogemas campaign) to cover all the losses incurred by thousands of users of the online Dogewallet when it got hacked.In perhaps one of the coolest fundraising efforts of all time, the Dogecoin community raised $30,000 towards the costs of sending the Jamaican bobsled team to the 2014 Sochi Winter Olympics.There must have been lots of generous and charitable activity that was happening and still happens, that does not make it into the news.Do you have any anecdotes about this for us?Yeah, there’s been so many small ones I can’t keep track.We raised money for education in Cambodia, for mental health awareness, for service dogs.There’s been tons, but none as big as the ones you mentioned.Unfortunately there have been many scams too, and their frequency I think has sort of jaded the community about charitable giving.
RH: One of the other things that was amazing about Dogecoin was the amount of diverse marketing that went on to promote the coin.At one point there was a full-page ad taken out in the New York Times if I remember correctly, but the thing that sticks in my mind even to today is the unforgettable NASCAR Dogecar.In May 2014 Motherboard reported (to see a series of cool Doge Car race gifs it is highly recommended to visit the Motherboard page!)on one of the races the car took part in – reading this article brings it all back!Given Jackson Palmer’s marketing career I would guess that he was behind these creative and ambitious marketing campaigns, but I don’t know.Can you tell us a bit more about these campaigns, and also whether there are marketing campaigns underway today or planned for the future?Jackson has tried to help facilitate and encourage these things, but no, he wasn’t behind them.The NASCAR thing was a 16 year old fan’s idea, he posted the idea to the subreddit under his username /u/unicornbuttsex, and the community ran with it.
A big part of why that was so successful was how awesome and engaging Josh Wise (the Doge driver) was with the community.I think a lot of other teams would laugh at the very idea, but Josh embraced it and learned a lot about cryptocurrency and was a regular on the subreddit for quite a while, even starting his own campaigns to fund himself further in the form of official Dogecar crew t-shirt and hoodie sales.One cool thing we have coming up in 2017 is we are sending a physical Dogecoin to the actual moon (through Astrobotic’s moon-mail).RH: On the technical side of things, Dogecoin has made some bold moves in the history of its development.In August 2014 the Dogecoin development team announced that merged mining – the ability to receive work from other scrypt-based networks using AuxPoW – was to be implemented between Dogecoin and Litecoin.The decision followed months of community discussion about how to make the network more secure and a proposal by Charlie Lee of Litecoin to work together.
When merged mining began with Litecoin did this lead to other types of collaboration with Litecoin?Was there a new lease of community interaction thanks to this effort?AuxPoW was implemented in Dogecoin, litecoin didn’t have to make any changes.And in fact any scrypt coin miner can mine Doge simultaneously, not just Litecoin (it just so happens that Litecoin has almost all the scrypt hashpower so that’s the coin that the vast majority of Doge hashrate comes from).I think the devs had always collaborated when/if needed.As far as the community, we did have a joint Litecoin/Dogecoin Christmas fundraiser to get gifts for kids.I’d like to see more cross-community cooperation though, not just between Litecoin and Dogecoin but between all cryptos.We’re allies, not competitors.The banks and credit card companies are the competitors.RH: It is well-known that Ethereum’s founder Vitalik Buterin is a Doge fan.He once said that he couldn’t think about how to explain to his mum that he invested $1000 in an Internet meme!
There was also a bounty offered in ETH (tens of $1000s) a while back for a dev to create a two-way Ethereum-Doge pegged token.Could you give us an update on any projects that are happening between Dogecoin and Ethereum or any other cryptocurrency projects?I haven’t heard about any progress towards the peg.But I think the bounty is nearing $100,000 now with ETH’s price rise, so I’d be surprised if no one is working on it.Probably it’s being done privately instead of publicly to ensure no one can swoop in and claim the bounty.It’s not a trivial thing to do, and it’s never been done before.Today’s Doge team and roadmap RH: We have been discussing a lot of the history of Doge, and with good reason.There is a rich legacy to learn about!But what about the project today?For a start, who are the Dogecoin developers and what are their roles?Is there a Dogecoin roadmap being followed and if so, what is happening at the moment?What projects can we look forward to in the future?Given the generous nature of the Dogecoin community, are there any new fundraising campaigns underway or being planned?
Please give us a brief resume of Dogecoin today and tomorrow.Langer_hans, rnicoll and patricklodder are the main devs.They mainly try to keep up with Bitcoin, Dogecoin isn’t trying to be a brand new thing with innovative features, it aims for safe, stable and secure.Bitcoin has had a few controversial changes recently, and I’m not sure what the Dogecoin devs’ views are on adding them into doge.There was talk about Dogecoin maybe needing to fork if Litecoin decides to add SegWit (which I think litecoin devs are planning on doing).But I believe that was under the assumption that SegWit would use the scriptSig of the coinbase for the witness commitment (the same area that AuxPoW miners use for proofs) whereas the testnet version of SegWit uses an OP_RETURN output for the commitment instead of the scriptSig, so we may not have to fork after all.I’m not a dev though so not 100% sure on this.As far as fundraising campaigns, these aren’t really planned by anyone, someone just posts an idea and if the community likes it they go with it.
Like I said before though, these days the community is pretty jaded by all of them after seeing too many scams./ that makes multisig easy, and part of the goal there is to help ensure that fundraisers aren’t scams by having multiple people hold the keys required to spend the funds.RH: Peoplma, thank you so much for your time in answering these questions.It has been a real pleasure looking back into the amazing history of Dogecoin, finding out about you and hearing your personal anecdotes, and learning about the project today.To finish, do you have any little-known Doge trivia, fun facts, and general tidbits to wow readers at the end of this great interview?/r/dogecoin/comments/4jd1yn/fact_of_the_day_dogecoins_average_block_time_is/, (don’t worry, they are only maybe 20-30 of them, not literally every day).Each fact links back to the previous one 🙂  Some are Dogecoin specific, but I think most are applicable to cryptocurrency in general.Readers who would like to learn more about Doge should visit the Dogecoin subreddit and take it from there.