Which chain is Dogecoin on?

Dogecoin runs on the Dogecoin blockchain designed specifically for it, with features including: based on a proof-of-work consensus mechanism, fast transaction speeds, low transaction fees, and unlimited supply. The Dogecoin blockchain is an independent blockchain and is not associated with other blockchains.

Dogecoin’s blockchain ownership

Dogecoin is a cryptocurrency based on decentralized blockchain technology. It runs on the Dogecoin Blockchain, an independent blockchain created specifically for Dogecoin.

Features of Dogecoin blockchain:

• Proof-of-work consensus mechanism: Similar to Bitcoin, the Dogecoin blockchain uses a proof-of-work consensus mechanism to validate transactions and create new blocks.
• Fast Transaction Speed: The Dogecoin blockchain can handle approximately 30 to 60 transactions per second, making it a relatively fast cryptocurrency.
• Low Transaction Fees: The Dogecoin blockchain charges extremely low transaction fees, usually less than a penny.
• Unlimited Supply: Unlike Bitcoin, Dogecoin has no issuance cap, meaning new Dogecoins can be created unlimitedly.

The relationship between Dogecoin blockchain and other blockchains:

The Dogecoin blockchain is an independent blockchain and has no connection to other blockchains such as the Bitcoin or Ethereum blockchain. This means that Dogecoin cannot be traded or used on other blockchains.

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