Litecoin (LTC) praises Dogecoin (DOGE) efforts as mining hashrate hits record highs $LTC LTC DOGE $DOGE DogeFam
Dubbed a"Power couple," Dogecoin and Litecoin use Scrypt, a less-complicated hashing algorithm than SHA-256. As a result, mining Litecoin and Dogecoin is more efficient and faster than mining Bitcoin.Dogecoin and Litecoin mining can also be"merged mined," which means that both coins can be produced simultaneously without affecting mining efficiency, thanks to the usage of a single algorithm.
Because Dogecoin was modeled after Luckycoin, which in turn was based on Litecoin, the two have a shared algorithm.Last year, speculation that Dogecoin could shift to proof of stake surfaced after a statement made by Ethereum co-founder Vitalik Buterin after the ETH merge. The rumors have been dispelled by Dogecoin developers, who stated that there were no plans to move Dogecoin to POS.
In other news, Bitmain, a leading manufacturer of cryptocurrency mining servers under the brand Antminer, will host a Twitter space entitled"LTC & Doge: Will the power couple continue to ride the wave?" with a $128,000 coupon as a giveaway.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Price analysis 2/15: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTCThis week’s CPI print and recent SEC enforcement should be bearish for cryptocurrencies, but today Bitcoin and many altcoins are seeing notable gains. Cointelegraph explains why.
Baca lebih lajut »
Dogecoin (DOGE) Spiked 160% Last Time This Happened, Will History Repeat Itself?Dogecoin $DOGE on verge of 160% pump, according to this historical data dogecoin doge dogearmy dogeusdt santimentfeed
Baca lebih lajut »
Dogecoin (DOGE) Reverses After Elon Musk's Twitter Post, But Does It Have Any Chance?Crypto Market Review: $DOGE is on the rise following another post from Elon Musk, while $ETH benefits from increased burn rate and $DXY poor performance
Baca lebih lajut »
Ancient Dogecoin Whale Wakes up First Time in 2 Years, Moving 326 Million DOGEAncient $DOGE whale suddenly awakens and moves an enormous number of tokens
Baca lebih lajut »
Biggest Movers: DOGE, SHIB Surge as Elon Musk Tweets Dog CEO Pictures – Market Updates Bitcoin NewsDogecoin rallied on Feb. 15, as Elon Musk tweeted a picture of a Shiba Inu dog, with the caption: “The new CEO of Twitter is amazing”.
Baca lebih lajut »
Bitcoin Jumps Back Above $22.5K After CPI ReportBitcoin climbed back above $22,500 as crypto traders reacted to the Consumer Price Index (CPI) rising 0.5 percent in January. eToro Investment Analyst Callie Cox discusses how the inflation data could impact risk assets and Federal Reserve's upcoming interest rate decisions. Plus, insights on DOGE soaring after Twitter CEO Elon Musk posted a meme involving his dog Floki.
Baca lebih lajut »