Protected by cryptography, Bitcoin and Dogecoin, the two virtual currencies have witnessed an explosion of sorts in the digital world of trade currency. First introduced by Satoshi Nakamoto, the anonymous developer, Bitcoin has become the most popular and widely distributed digital currency all across the globe. With its technologically advanced open-source software, Bitcoin has inspired many other virtual currencies, but only a few can match up to its set standards. The end-to-end encryption used by Bitcoin and Dogecoin helps you own your own ledger account without any possible encroachment.
Since its inception in the year 2009, Bitcoin has topped the world chart as the most popular and sought after cryptocurrency in the world. The total number of private sellers in 2015 accepting payments from online users has surpassed the 1 million mark for the first time in history. Retail transactions only formed a small part of the network’s voluminous one-time transactions, while individual-to-individual transactions formed a larger part of the entire networking process.
Dogecoin, on the other hand, is the latest addition to the long list of cryptocurrencies. It was developed in the year 2013 for the sake of entertainment but has gradually taken up the stature of a more serious payment system for all kinds of online transactions. There is no fixed limit on its production and depends solely on the developers.
Here’s a quick comparison between the two cryptographic currencies that have become eventually popular in the last couple of years.
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