Dogecoin was created in late 2013 by two software engineers, Bill Marcus and Jackson Palmer, who were working at IBM and Adobe Systems, respectively. It was created using the open-source code from Litecoin, which itself was a fork of the Bitcoin blockchain.

Dogecoin's technology is its transaction speed. Blocks on Dogecoin's blockchain take only one minute per block, which is notably faster than Bitcoin's 10-minute block time. This makes Dogecoin a potentially viable option as a transactional asset, especially for smaller, everyday transactions.

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