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09/28 08:21

What consensus mechanism does Dogecoin use?

Dogecoin operates on a consensus mechanism known as Proof of Work (PoW). This system requires miners to solve complex mathematical problems to validate transactions and secure the network. Unlike Bitcoin, which has a capped supply, Dogecoin features an inflationary model with no maximum limit on the total number of coins that can be mined.
#Crypto FAQ
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