Cardano Founder Drops Surprising Dogecoin Coin, Bitcoin Insight

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U.Today – In tribute to his beloved Kabosu, who recently passed away, founder Charles Hoskinson released a memetic statement that is resonating deeply within the crypto community.

In the tweet, Hoskinson posted a GIF image with the caption “I was and always will be your friend,” to which he wrote, “Doge to…”. The founder of Cardano was responding to a post regarding Kabosu’s death.

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Kabosu, the face of the iconic “Doge” meme, has left a mark on the hearts of many. Her death reverberated across the Internet, uniting various communities in tribute to the joy she brought to the world.

A Japanese Shiba Inu inspired a generation of internet jokes after her skeptical look became a symbol of internet humor in 2010. The Cardano founder’s recent comment not only pays tribute to Kabosu’s legacy, but also highlights the camaraderie that exists in the crypto space.

The Cardano founder’s memetic statement would be essentially true given the relationship between Dogecoin and Bitcoin.

In 2013, two programmers, Jackson Palmer and Billy Markus, were inspired by Bitcoin’s simplicity to create Dogecoin, a parody cryptocurrency.

Considering that DOGE was originally a mock copy of Bitcoin and used much of Bitcoin’s source code, the two cryptocurrencies have a lot in common.

For example, both Bitcoin and Dogecoin utilize a proof-of-work (PoW) consensus mechanism involving miners. Proof-of-work blockchain transactions are stored in blocks. Once a block is full, a group of dedicated users, considered miners, begin validating it.

However, several changes have been made over time, making Dogecoin and Bitcoin more different than they might seem at first glance.

This article was originally published on U.Today

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