Dogecoin (DOGE) started on December 6, 2013 as a “joke currency”. It was founded by Billy Markus and together with programmer Jackson Palmer, the coin has become a reality. Two months after the start of Dogecoin, the joke had turned into a serious coin. In January 2014, the market already had a size of 60 million dollars, but it is now more than 1 billion dollars. The currency is based on Luckycoin, which in turn is derived from Litecoin.
Dogecoin, like many other cryptocurrencies, including Litecoin and Bitcoin, works with a mining procedure. This means that Dogecoin has a network of computers (nodes) that are connected to each other. The purpose of the nodes is to validate transactions.
An increasingly popular form of gambling in an online casino is playing in specialized casinos where you no longer play with euros or dollars, but can take a gamble in the many crypto currencies that now exist on the online market. These crypto casinos work basically the same as any other online casino, except that all amounts of, for example, your playing credit, the bonuses and your winnings, are indicated in the crypto currency you play with. A very interesting crypto that more and more people are gambling with is the Dogecoin.
Who wants to gamble with the this coin, will first have to open an account at a crypto casino. The doge, unlike Bitcoin, for example, is not yet accepted in traditional casinos. Once an account has been created, you can quickly and easily add Dogecoins to your online casino account and play on the games offered by the crypto casino.