2025-02-01 04:56:59

What is the difference between Bitcoin and Dogecoin? 1. Origin and Purpose

·Bitcoin: created by Satoshi Nakamoto in 2009, aiming to be a decentralized digital currency, challenging traditional financial systems, with a fixed total supply of 100 million (.·Dogecoin: created by Jackson Palmer and Billy Markus in 2013, initially as a joke and a satire of Bitcoin. It does not have a fixed total supply and increases at a rate of 5% per year. 2. Algorithm and Mining.

·Bitcoin: Using the SHA-256 algorithm, mining is difficult and requires powerful hardware and power support. ·Dogecoin: Using the Scrypt algorithm, mining is relatively easy, resistant to ASIC special integrated circuits ), allowing ordinary users to participate in mining. 3 Market Performance and Investment ·Bitcoin: With a huge market value, it is seen as digital gold, favored by institutional investors, and has high investment value Dogecoin: With a smaller market value, the price fluctuates greatly, and is influenced by social 11:29

Media and celebrity influence is significant, suitable for speculative investment.

DOGE0,93%

BTC1,4%

BILLY-0,17%

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