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jwiechers 2014-04-10 11:26:15 +02:00
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![Dogecoin](http://static.tumblr.com/ppdj5y9/Ae9mxmxtp/300coin.png)
## What is Dogecoin? - Such coin
Dogecoin is a cryptocurrency like Bitcoin, although it uses a different algorithm as its proof of work (POW). Taking its cue from Lightcoin, it employs a simplified version of scrypt; an algorithm specifically designed to make it difficult and costly to perform large-scale attacks using custom hardware by requiring large amounts of memory.
Dogecoin is a cryptocurrency like Bitcoin, although it does not use SHA256 as its proof of work (POW). Taking development cues from Tenebrix and Litecoin, Dogecoin currently employs a simplified variant of scrypt.
http://dogecoin.com/