Market Rank | #4691 |
---|---|
Market Cap | $ 0.3M |
Volume 24h | $ 1.3K |
Circ. Supply | 18.8M |
Total Supply | 21.0M |
Max Supply | 210.0M |
Genesis Date | 1/10/2018 |
The current price of DogeCash (DOGEC) is $ 0.01531693.
DogeCash (DOGEC) is a unique cryptocurrency that focuses on preserving the distinctive traits of Dogecoin but operates differently with added functionalities. It is a community-led project that offers a new way to engage with the crypto industry. The main features of DogeCash include the creation of DogeNodes, utilization of a Proof of Stake consensus mechanism, and active governance. DogeCash is defined by its transparency, aiming to offer a democratic, community-centric approach to the management of the coin.
DogeCash was created by a community of anonymous developers who are devoted to enhancing the distinctive qualities of Dogecoin while introducing new ways to get involved in the cryptocurrency world. The team behind DogeCash remains anonymous, which adds to its decentralized and community-governed nature.
DogeCash is built on the principles of the community, transparency, and governance. The cryptocurrency utilizes DogeNodes, which provide rewards to users for participating and providing value to the network. DogeCash has introduced a way for users to take an active role in decision-making processes through a voting system, addressing crucial issues such as budgetary and developmental matters.
The Proof of Stake consensus algorithm employed by DogeCash allows it to be more energy-efficient compared to cryptocurrencies using Proof of Work. Users have the power to validate transactions and create new blocks, earning rewards as they do so.
DogeCash stands out due to its strong emphasis on community participation and governance. It attempts to make the control of the currency fair and democratic, with coin-holders getting a vote on important issues.
Moreover, DogeCash’s usage of DogeNodes doesn’t only support the network but allows the users who hold and run them to earn rewards. The implementation of a Proof of Stake consensus mechanism also offers an efficient, environmentally friendly alternative to the traditional Proof of Work systems used by many cryptocurrencies.
At present, there are 18.8M of DogeCash coins in circulation.
The current market ranking of DogeCash is #4692. The ranking is determined by the total value of all DogeCash coins currently in circulation, which is also known as its market capitalization.
DogeCash (DOGEC) can be purchased on several cryptocurrency exchanges. Some of the popular ones include STEX. Be sure to do your own research and choose a reputable exchange that emphasizes security.
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