DogecoinEV Core [ELON, 𝕏]
DEV (DogecoinElonVision) is a groundbreaking fork of Dogecoin, designed to live up to Elon Musk’s vision of a scalable, efficient, and high-throughput blockchain. By preserving Dogecoin's beloved tokenomics and mining reward structure while introducing a 10 MB block size limit, DEV ensures enhanced performance and scalability for the future of decentralized networks.
- 10 MB Block Size Limit: A significant increase, allowing:
- Higher transaction throughput.
- Reduced network congestion.
- Improved performance for large-scale adoption.
- DEV retains the same inflationary model as Dogecoin:
- Unlimited supply with predictable, gradual issuance rates.
- Designed to support tipping, microtransactions, and community engagement.
- DEV follows Dogecoin’s reward schedule, offering fair, incentivized rewards.
- Block rewards based on the current schedule:
Block Range | Reward Per Block (DEV) |
---|---|
Block 0 to 99,999 | 500,000 (first 1k blocks random rewards up to 1m) |
Block 100,000 to 144,999 | 250,000 |
Block 145,000 to 199,999 | 125,000 |
Block 200,000 to 299,999 | 62,500 |
Block 300,000 to 399,999 | 31,250 |
Block 400,000 to 499,999 | 15,625 |
Block 500,000+ | 10,000 |
- Block Time: 1 minute ensuring rapid confirmations.
- DEV uses the Scrypt algorithm, making it compatible with existing Dogecoin mining hardware and ASIC miners.
Scrypt is a memory-hard proof-of-work algorithm designed to be more resistant to ASIC mining. It requires significant memory, allowing decentralization by enabling consumer-grade hardware to mine effectively.
- Transaction Verification – Miners validate transactions before bundling them into a block.
- Block Creation – Verified transactions are combined into a new block.
- Puzzle Solving – Miners solve a complex puzzle by finding a suitable nonce.
- Block Confirmation – The valid block is broadcast to the network and added to the blockchain.
DogecoinEV supports merge mining, allowing miners to simultaneously mine DEV and other Scrypt-based cryptocurrencies, such as Litecoin, without additional computational effort. This process, known as Auxiliary Proof of Work (AuxPoW), was activated at block 30,000. Merge mining enhances network security by leveraging the existing hash power of established networks like Litecoin, providing an efficient way for miners to maximize their rewards while contributing to the stability and robustness of the DogecoinEV blockchain.
With the introduction of a 10 MB block size, DEV is designed to handle exponentially more transactions than Dogecoin, making it a future-proof solution for widespread cryptocurrency adoption.
DEV builds on Dogecoin’s trusted inflationary model, offering a consistent and predictable supply to keep transaction fees low and the network accessible.
DEV embraces the fun, inclusive, and community-driven spirit of Dogecoin, while scaling for real-world use cases and applications.
Connect with the growing DEV community and contribute to the project:
- X (formerly Twitter): @DogecoinEV_
- Telegram: Doge Elon Vision Community
DEV (Doge Elon Vision) is more than just a fork of Dogecoin—it’s a step forward in creating a blockchain that is scalable, inclusive, and ready for mass adoption. By retaining Dogecoin's humor and charm while addressing scalability concerns, DEV is poised to become the cryptocurrency of the future.
For developers, miners, and crypto enthusiasts alike, DEV offers an opportunity to be part of a community-driven project with limitless potential. Join us in building the next era of decentralized finance, powered by the vision of scalability and efficiency. 🚀
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