{"id":17538,"date":"2022-01-29T19:01:43","date_gmt":"2022-01-29T18:01:43","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=17538"},"modified":"2022-01-29T19:01:48","modified_gmt":"2022-01-29T18:01:48","slug":"doge-and-bitcoin-pretty-much-use-the-same-tech","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/doge-and-bitcoin-pretty-much-use-the-same-tech\/","title":{"rendered":"DOGE and Bitcoin pretty much use the same tech – Dogecoin co-creator"},"content":{"rendered":"\n
The co-founder of dogecoin <\/a>has stirred up reactions on Twitter with a post that says “under the hood, it\u2019s pretty much the same tech” depicting Dogecoin and Bitcoin are the same.<\/h5>\n\n\n\n
\"DOGE<\/figure><\/div>\n\n\n\n

Billy Markus, the cofounder of Dogecoin, has posted a meme on Twitter claiming that Bitcoin and the meme cryptocurrency DOGE\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> are essentially the same technology.<\/p>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Dogecoin and Bitcoin comparison <\/h2>\n\n\n\n

The proof-of-work consensus technique is used by both coins. Dogecoin was founded in 2013 as a spoof of Bitcoin<\/a> (forked from Litecoin) and was inspired by Shiba Inu dog memes.<\/p>\n\n\n\n

Unlike Bitcoin, which has a maximum quantity of 21 million coins (over 18 million are currently in circulation), Dogecoin has no such restriction.<\/p>\n\n\n\n

The restriction of 100 billion coins did exist at first, however, it was swiftly exceeded by the middle of 2015. Every year since then, an additional 5 billion coins have been added to the circulating supply. There are 132,670,764,300 DOGE in circulation right now.<\/p>\n\n\n\n

Many freshly converted Wall Street investors (including Mike Novogratz, Anthony Scaramucci<\/a>, Robert Kiyosaki, and others) currently believe Bitcoin is a digital analogue of gold, a new and more trustworthy safe haven than gold.<\/p>\n\n\n\n

Elon Musk loves Dogecoin<\/h3>\n\n\n\n

Dogecoin is still widely regarded as a joke by many. DOGE, on the other hand, has Elon Musk<\/a> as a supporter, who has been known to influence the price of the cryptocurrency with his tweets in the past.<\/p>\n\n\n\n

Despite the fact that Bitcoin was created as a peer-to-peer currency independent of governments and banks, Musk feels Dogecoin is significantly more suited for payments than Bitcoin.<\/p>\n\n\n\n

Tesla began selling some of its merchandise for Dogecoin in December as an experiment to see “how it goes.” He also pushed McDonald's <\/a>to begin taking it, but the multinational fast food corporation declined. However, King Burger and MrBeast Burger, two of its competitors, appear to be interested in embracing Doge.<\/p>\n","protected":false},"excerpt":{"rendered":"

The co-founder of dogecoin has stirred up reactions on Twitter with a post that says “under the hood, it\u2019s pretty much the same tech” depicting Dogecoin and Bitcoin are the same. Billy Markus, the cofounder of Dogecoin, has posted a meme on Twitter claiming that Bitcoin and the meme cryptocurrency DOGE are essentially the same […]<\/p>\n","protected":false},"author":12,"featured_media":17541,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81,83],"tags":[5371,5595,5592,5707],"class_list":["post-17538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-news","category-bitcoin-news","tag-bitcoin-2","tag-doge-2","tag-dogecoin-2","tag-technology-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/01\/image-329.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/17538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=17538"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/17538\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/17541"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=17538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=17538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=17538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}