What is Dogecoin? It is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer. For the last few years, you must have heard about cryptocurrency. What is a cryptocurrency and how does it work? We have already created a post on this. Now in this post, we will know “Dogecoin” and its important information.
Recently Billy Marcus, the co-creator of the Dogecoin cryptocurrency told that he did not take into account the environmental impact while creating the cryptocurrency. Dogecoin, which was created mainly as a joke for almost 8 years now, has become a big name. The digital coin has gained immense popularity after being endorsed by celebrities such as Tesla CEO Elon Musk and rapper Meek Mill. Elon Musk recently told that he believes in crypto a lot. Because of this, the use of fossil fuels, especially coal, may not increase much.
Marcus uses the username, Shibetoshi Nakamoto, on Twitter. He reacted to the tweet with a crying face emoji. When people’s reaction to the tweet started coming after that Marcus came and clarified. A user on Twitter asked Marcus if he had noticed the energy used in creating the digital currency. Or you didn’t think of anything like that. How the Dev community can make Doge more efficient. In his response, Markus said that he created Dogecoin in just two hours and didn’t think of anything during that time.