Cryptocurrency Q&A
Does DOGE have unlimited supply?
Does DOGE have unlimited supply?
Tommaso
Fri Nov 29 2024
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5 answers
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I heard that some cryptocurrencies have unlimited supply, which means there's no limit to how many coins can be mined or issued. I'm wondering if Doge is one of those. Does DOGE have an unlimited supply?
5 answers
HanjiArtist
Sat Nov 30 2024
In the case of Dogecoin, the mining reward is set at 10,000 coins per block. This generous reward is one of the factors contributing to the cryptocurrency's ongoing supply expansion.
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lucas_clark_artist
Sat Nov 30 2024
Dogecoin stands apart from numerous other cryptocurrencies due to a unique characteristic.
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Carolina
Sat Nov 30 2024
As new blocks are mined and added to the Dogecoin blockchain, the mining reward of 10,000 coins is included in the total supply. This process ensures that the supply of Dogecoin remains dynamic and responsive to market demands.
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Riccardo
Sat Nov 30 2024
Unlike many of its peers, Dogecoin does not possess a maximum supply limit. This distinction ensures that the cryptocurrency's supply continues to grow indefinitely.
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EthereumLegend
Sat Nov 30 2024
The creation of new Dogecoins is facilitated through the mining process. Miners are rewarded for their efforts in validating transactions and maintaining the blockchain network.
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