What Is Dogecoin?


Quick Answer

Dogecoin is a form of digital currency used to simplify sending someone money online. Dogecoin can be used on a computer, smart phone or website.

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Full Answer

The first step to getting started with Dogecoin is to choose between a desktop, phone, online or paper wallet. Dogecoin was introduced in December 2013 by creator Billy Markus, from Portland, Ore. in an attempt to create a cryptocurrency that reached a broader audience than competitor Bitcoin. The first theft of the Dogecoin network happened in December 2013 when a hacker stole millions of Dogecoin coins by setting all transfers to be sent to one account.

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