Dogecoin - History of the First Year

Download or read book Dogecoin - History of the First Year written by Christopher P. Thompson and published by Createspace Independent Publishing Platform. This book was released on 2015-12-08 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: BLACK & WHITE VERSION. Dogecoin (DOGE) is a decentralised cryptocurrency similar to Bitcoin. It is a coin featuring a likeness of the Shiba Inu dog from the "Doge" Internet meme of the year 2013. It began as a "joke" cryptocurrency but soon gained traction as one of the most popular cryptocurrencies available. Jackson Palmer, an Adobe Marketing Specialist from Sydney, Australia posted a tweet from his own account which read ""Investing in Dogecoin, pretty sure it's the next big thing. http: //tmblr.co/ZXKfHx-duU4J" on the 28th of November 2013. At this time, the at value of Bitcoin and other cryptocurrencies were reaching all time high market capitalisations. It was also the time at which new coins were being launched every week. Jackson Palmer was following coins such as Bitcoin, Litecoin and Feathercoin. Some people then encouraged Jack to create Dogecoin. Six days later, Jack bought the domain name www.dogecoin.com on which he placed a picture of a makeshift Dogecoin logo alongside a funny slogan. It was not long before the visitor count of this site increased substantially via retweets. On the 6th of December, a programmer from Oregon, USA called Billy Markus contacted Jack Palmer after seeing the website via direct link on an IRC chatroom. He created the source code and wallet client of Dogecoin ready for launch. This book is a detailed history of the first year of Dogecoin up to the 8th of December 2014 (the time at which the blockchain had been usable for one year by the general public)."