According to U.Today, Charles Hoskinson, the founder of Cardano, recently paid tribute to the late Shiba Inu Kabosu, who was the face of Dogecoin and the iconic 'Doge' meme. Hoskinson posted a memetic statement on Twitter that deeply resonated with the crypto community. His tweet read, 'Doge to Bitcoin,' and was accompanied by a GIF image captioned, 'I have been and will always be your friend.' This was in response to a post about Kabosu's passing.
Kabosu's skeptical glance became a symbol of internet humor in 2010, inspiring a generation of online jokes. Her passing has united diverse communities across the internet in remembrance of the joy she brought to the world. Hoskinson's tribute not only acknowledges Kabosu's legacy but also underscores the camaraderie within the crypto space.
In 2013, software programmers Jackson Palmer and Billy Markus were inspired by the simplicity of Bitcoin to create Dogecoin, a parody cryptocurrency. Given that Dogecoin was originally a joke copy of Bitcoin and used a significant portion of Bitcoin's source code, the two cryptocurrencies share many similarities. Both Bitcoin and Dogecoin use a proof-of-work (PoW) consensus mechanism involving miners. Transactions on a PoW blockchain are stored in blocks, and once a block is full, a group of dedicated users, known as miners, begin to validate it. However, over time, several changes have been implemented, causing Dogecoin and Bitcoin to differ more than they might initially appear.