Dogecoin: No Whitepaper, No Supply Cap, and a Joke That Kept Returning to the Top Ten
Dogecoin has no whitepaper, no company, and no cap on its supply — a decade-old test of whether Bitcoin's scarcity is what a market actually pays for.
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Bitcoin Institute ↔ Jackson Palmer, Billy Markus
Dogecoin has no whitepaper, no company, and no cap on its supply — a decade-old test of whether Bitcoin's scarcity is what a market actually pays for.
Bitcoin Institute ↔ Charlie Lee
Litecoin copied Bitcoin's code, swapped its proof-of-work and rescaled three figures by four, then its creator divested his entire holding, citing his own influence over the price.
Billy Markus, Jackson Palmer ↔ Billy Markus, Jackson Palmer
Markus and Palmer launched Dogecoin on December 6, 2013, built on Luckycoin (a Litecoin fork) around the 'Doge' meme. Initially a satire of crypto speculation, it grew into a top-10 cryptocurrency.
The Google engineer who shipped Litecoin in 2011, called Bitcoin the soundest money in the space for a decade after, and sold or donated every coin he held in 2017.
Charlie Lee launched Litecoin on October 13, 2011 as a Bitcoin-codebase fork with Scrypt PoW, 2.5-minute blocks, and 84 M cap. He framed it as 'silver to Bitcoin's gold'.