Dogecoin

Network Basics

• Dogecoin is Bitcoin fork — similar UTXO model and transaction structure
• Proof of Work with Scrypt — merged mining with Litecoin
• 1 minute block time — faster than Bitcoin's 10 minutes
• No supply cap — inflationary by design, ~5 billion new DOGE per year
• Low transaction fees — typically less than 1 DOGE

Address Format

• Addresses start with "D" — legacy format, always verify first character
• 34 characters total — standard length like Bitcoin
• Case-sensitive — typos cause lost funds
• No SegWit or Taproot — simpler than modern Bitcoin

Transaction Characteristics

• Transactions confirm in ~1 minute — one block for basic confirmation
• 6 confirmations for high-value — ~6 minutes, same security practice as Bitcoin
• Fees are minimal — 1 DOGE per KB is standard, most transactions under 1 DOGE
• No RBF (Replace-By-Fee) — stuck transactions harder to fix than Bitcoin
• UTXO model — balance is sum of unspent outputs