DogeCash is a community-run digital currency founded in 2018 on the simplepremise of creating a limited-supply, environmentally sustainable coin that isaccessible to consumers (as a form of payment), everyday investors (as a store of value), and philanthropists (as a vehicle for giving.)Like Dogecoin, an earlier cryptocurrency based on the popular Shiba Inu internet meme, DogeCash values community as well as charity. DogeCash differs from Dogecoin because of its proof-of-stake (POS) consensus protocol, a maximum supply of 210 million coins, privacy features, and its system of governance.DogeCash developers used PIVX, a decentralized, MIT licensed, open-sourceblockchain project, as the codebase for DOGEC. Like PIVX, DOGEC is aPOS/masternode coin that rewards users for holding coins (staking) and running masternodes (full nodes that are always online and help secure the network.) In contrast to proof-of-work coins like Bitcoin (that use mining rather than staking for consensus), DogeCash uses little to no energy to maintain its blockchain and mint new coins.
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