Ethereum: Reward schedule and maximum number of dogecoins? [closed]
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Ethereum: Rewards Program and Maximum number of dogecoin
As one of the most important cryptocurrencies on the Ethereum network, Dogecoin has lately has gained considerable popularity. The enthusiasm for this digital asset is obvious from active discussions on social platforms, such as Twitter. However, the question that often arises when we discuss Dogecoin is: what is the reward program and how to compare with other cryptocurrencies? In this article, we will deepen into the details of the Ethereum Reward Program and the maximum number of dogecoin.
Maximum Dogecoins number
According to various sources, including the official Dogecoin Community statement, there will be no more than 100 billion dogecoin. This number is mentioned in connection with the “maximum delivery” of dogecoin, which denotes the total amount that can be obtained and added to the network.
However, even in this number there is a more interesting aspect: a remuneration program. According to Dogecoin Bitcointh-Tinks, there will be no more than 1 million Dogecoins granted as a reward for each miner, which successfully resolves the “rate evidence” (POS) on the Ethereum network.
Why 1 million?
The reason for this special remuneration program is unclear. Some speculate that this is due to the desire to maintain a relatively small and managed network, while others believe that it could be the result of the designer design of the ether and the strategic decision made by the Dogecoin community.
Regardless of its origin, the 1 million Dogecoins reward program for miners has triggered a significant debate between crypto fans. Some claim that this remuneration structure is too small to stimulate miners and thus eliminate general network success, while others consider it an attractive feature for a relatively new cryptocurrency.
Comparison with other cryptocurrencies
Looking in the perspective, compare the Ethereum Reward Program with other popular cryptocurrencies:
* Bitcoin:
100 btc (or about $ 1.5 million) in block
* Ethereum Classic: 10 ETH (or approximately $ 12,000) block
* Litecoin: 3 LTC (or about $ 45,000) in block
As you can see, the Ethereum Rewards Program is significantly lower than Bitcoin and Litecoin. The mismatch between this remuneration could contribute to the relative success of Ethereum compared to other cryptocurrencies.
Conclusion
In conclusion, the Ethereum Rewards program offers a unique aspect of Dogecoin fans: a maximum of 1 million dogcoins miners. While this special remuneration structure has triggered a debate between crypto fans, it is still an attractive feature for a relatively new cryptocurrency, such as Dogecoin. As the cryptocurrency landscape continues to develop, it will be interesting to see how the Ethereum’s remuneration program is compared in the future.
Sources:
- [Bitcointalk-hthread] (
- Dogecoin official site
- Different online sources and cryptographic enthusiasts discussions