Are there any limitations on the number of Dogecoin that can be created?

3 answers

• sina fOct 19, 2022 · 3 years ago
  Yes, there is a maximum supply limit for Dogecoin. According to its protocol, the total number of Dogecoins that can be created is 10,000 coins per block, and there is no maximum limit on the number of blocks that can be mined. This means that theoretically, an infinite number of Dogecoins can be created. However, the rate at which new Dogecoins are created decreases over time, which helps to control inflation.
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• Nikolai LindbergJun 10, 2024 · a year ago
  Oh boy, Dogecoin doesn't have a cap on the number of coins that can be created. It's like a never-ending supply of Doge! The protocol allows for the creation of 10,000 Dogecoins per block, and there's no limit to the number of blocks that can be mined. So, in theory, there's no limit to the number of Dogecoins that can exist. Such wow!
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• Bank HessAug 15, 2024 · a year ago
  Yes, there is a maximum supply limit for Dogecoin. As of now, over 130 billion Dogecoins have been mined, and the total supply is expected to reach 150 billion coins. However, unlike Bitcoin, which has a fixed supply limit of 21 million coins, Dogecoin has an inflationary supply model. This means that new Dogecoins will continue to be created at a decreasing rate indefinitely, ensuring a steady supply of coins for transactions and rewards for miners.
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