Dogecoin Community Burning Currency for Dogeparty
What is a Dogeparty? At the end of 2014, there will be 100 billion Dogecoins in existence. Anybody in digital currency knows that's an unprecedented amount of coins. To put that number into perspective, there are only 13 million bitcoins in circulation at the moment. The staggering amount of Dogecoin leaves a pretty simple outlook from even the basic investor: Supply is high, so demand is low. In a slight response to this, the Dogecoin community is currently voluntarily destroying their Dogecoin in a
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Black Rock City excludes buying and selling by definition. Rising from the Nevada desert for the annual Burning Man festival, it's a temporary community where rental van logos are covered to avoid commercialism and where a bike ride might net you a free dance lesson or a grilled cheese sandwich from a billionaire, but no shopping. So what is a cryptocurrency camp doing at Burning Man, an event where even bartering is deemed too capitalistic? Relax. It's dogecoin. Late-model burgundy caravan. In the official Burning Man database, the camp is registered as Camp Bitcoin. But after hatching a....
Counterparty and Dogeparty are similar protocols built on top of Bitcoin and Dogecoin blockchains, the function of which is to allow any individual user to issue his own store of value or token. The two function basically the same, and any amount of the parent currency can encompass the total value of the shares in a generated asset. They have been used increasingly in recent projects, with the Spells of Genesis game perhaps making the most novel contribution in the form of trading card assets represented on the Counterparty protocol. They also have a more currency-like token called....
The popular meme-themed digital currency dogecoin is the focus of an upcoming event to be hosted by local advocacy group Spelunk.in at Meltdown Comics in Los Angeles, California, on 4th April. Dogecoin made headlines earlier this year after more than $30,000 in dogecoins was raised to support the Jamaican Olympic bobsled team, but since then the one-time joke currency has gained a steady stream of enthusiasts. To date, this has included Reddit CEO Yishan Wong as well as major VC investors. Set to run from 7pm to 10pm PST, DogeParty West is a chance for digital currency enthusiasts and....
Part I can be read here along with thisCoinDesk Article on why we changed Camp Bitcoin to Camp Dogecoin. "What is this -- that Bitcoin bulls*t?!" were the words I awoke to my first morning at Burning Man. A large burly man declaring himself as "Papa Bear," who was also in charge of placement of our camp, came out with teeth bared. We had set up camp about 10 feet in the wrong direction, and he found an excuse to ream us out for not agreeing with his brain. Our camp organizer, Gary Lachance, instantly sprung out of his tent, fully postured to face the noise. "Camp Dogecoin," Gary said in....
Fresh off the announcement of a new partnership with Overstock, Counterparty is announcing the founding of the Counterparty Foundation, a new non-profit organization. The Counterparty Foundation will be established with the help of Perkins Coie, a law firm that advises many cryptocurrency companies. The Counterparty Foundation will provide enhanced structure and services to the growing Counterparty ecosystem; something that Counterparty founders say has been a much-demanded feature. Also read: Medici Will Be a Real Bitcoin 2.0 Stock Exchange. Counterparty was founded by Robby Dermody, Evan....