Core features of Dogecoin (DOGE):
1. Complete decentralization
Dogecoin has no centralized project party or founding team. The original founder has withdrawn and is completely managed by the community to ensure the independence of the project.
2. Proof of Work (PoW) mechanism
The output of each Dogecoin needs to be calculated by the miners' electricity and equipment, which ensures the security and decentralization of the network.
3. Fast transaction speed
The block time of Dogecoin is 1 minute, and the transaction confirmation time is usually 7 minutes, which ensures fast transaction processing capabilities.
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4. Low transaction fee
The transaction fee for each transaction is about 1.x Dogecoin, which is very suitable for small and frequent transactions.
5. Decreasing inflation mechanism
Adopt a decreasing inflation model with a fixed supply to ensure the long-term interests of miners and the security of the network. Same news, same layout, same opportunity, same increase, fans first!
6. Wide audience and community support
Dogecoin has been around for 11 years, has a large community and user base, and its number of nodes ranks third among global blockchain projects, showing strong ecosystem support.
