Topic: The Next Big Virtual Currency - Danish Press. (Read 526 times)

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NETWORK 4 FEBRUARY 2014 KL. 12:02
The next big virtual currency started as a joke
It is only seven weeks old and was not really a joke, but now surging Dogecoin forward.

DOG COIN. Internet meme 'Doge' was barely a few months ago basis for a new, virtual currency. It is now the fifth most popular ones and helps to send athletes to the Olympics in Sochi. (Photo: Dogecoin)
DOG COIN. Internet meme 'Doge' was barely a few months ago basis for a new, virtual currency.
It is now the fifth most popular ones and helps to send athletes to the Olympics in Sochi.
(Photo: Dogecoin)

The virtual currency Bitcoin get a lot of publicity these days. This is not least due to a dramatic increase in value that has given the computer geeks who threw himself into Bitcoin adventure early, quite a bit of extra money in your pocket.

Now the Bitcoin However, competition from other virtual currency that did not were created in all seriousness: Dogecoin.

Push yourself money by breaking codes
The new, virtual currency is also called 'cryptocurrencies' or 'crypto-currencies' because the way they create value is to break the encryption codes. It is understood that anyone and everyone with a bit about computers can be 'National' and make coins by way of example. Bitcoins.


This requires that you put a powerful computer just switched up that does nothing but stand and break codes with any software which you get from the currency community. The higher the value, for example. one Bitcoin, the harder codes, the computer break. When you have broken a sufficient amount encryption code, you get a Bitcoin into the account.

At some point it becomes so typically closed to the production of a virtual currency, such that there is only a certain amount of currency in the game. Right now it requires a lot of computing power and quite a long time slave work for the computer to make just one Bitcoin because that currency is a pretty high rate.

Dog the currency
This has meant that it now swarming with candidates for new, virtual currencies such as Feathercoin, Peercoin and Litecoin that people right now merrily puts' seddelpresse' computers up to create. But one of dissse Bitcoin alternatives have so much speed. And it's Dogecoin.

Dogecoin (pronounced with a silent e) was created only seven weeks ago by Australian Jackson Palmer and American Billy Markus. It is based on Internet meme 'Doge' where people take a picture of Shiba Inu dog and attach text that represents the dog's inner thoughts. It is also Shiba Inu-dog that can be found on the virtual Dogecoin coin.

The idea behind Dogecoin was to get out to a wider audience than Bitcoin, and there was also quickly formed a community around dog the currency. Dogecoin, the community seems to be motivated by altruism rather than greed.

Collected money for Olympic athletes
Thus Dogecoin right now quite popular as currency to 'tip' on the web if anyone has contributed something extra useful to the world network users without taking money for it. But altruism does not stop there.

Dogecoin-the community is in fact were linked with the ability to collect money for charity. Thus, two weeks ago started a collection for the Olympic bobsled team from Jamaica who had qualified for the Olympics in Sochi, but did not have the money to go.


During the two days were collected Dogecoins with a value of $ 30,000, which made it possible for the team to go. As announced a bunch of Indian athletes with the same problem at the field right now is to get help to get off of Dogecoins-community.

And altruism is apparently popular on the web. After the first collection, the value of Dogecoin so much that it is now the fifth most popular kryptovaluta online. Dogecoins motto is otherwise: "To the moon! '