11 years ago, Billy Markus and Jackson Palmer created Dogecoin, which features the iconic image of the Japanese Shiba Inu dog, based on the Bitcoin source code. Although it was initially created as a joke, over time, Dogecoin has grown into a symbol of crypto culture and has become the highest-market-cap meme coin.

Looking back at the development of Dogecoin, we have witnessed its growth miracle. What breakthroughs can we expect in its future ecosystem, and how will they impact miners and users? On the 11th anniversary of Dogecoin’s creation, ViaBTC, the world’s largest Dogecoin mining pool, invited Dogecoin miner and loyal user Leo, community developer Patrick Lodder, L2 scaling QED protocol founder Carter Feldman, ElphaPex’s product VP Ben Weng, as well as all the listeners, to have an in-depth open discussion on X Space.

The following content is a summary and condensation of the exciting Q&A from this X Space event for our readers.

Q1: What does the 11-year milestone of Dogecoin mean to each of you? What are your thoughts on its development?

Leo: It’s like the tips you give to waiters or at events—what I think was the earliest form of an airdrop. To me, this is the initial impression of Dogecoin’s origins.

However, today’s Dogecoin is completely different. Now, even companies like Tesla are accepting DOGE as a payment method, which is truly unbelievable. Overall, I’ve witnessed Dogecoin transform from a token that was initially like “tip money” to one that can be used to buy a supercar or even meet daily expenses. Yes, I’ve seen it undergo a complete transformation over the years.

Patrick: To me, it means that after eleven years, it’s still here, and it’s still very close to what it was originally. Of course, we’ve made some technical adjustments and fixed things that didn’t go as expected. Overall, what’s truly amazing is that this thing was completely created out of nothing, and it didn’t really have a purpose at first. It wasn’t meant to be the so-called “people’s currency,” it started as a joke and was supposed to disappear after a while. But it didn’t disappear; it kept going.

Now, it still exists, and it will continue to exist. That’s really awesome! Being able to witness something that was meant to be short-lived attracts so much attention and

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Author: AMBCrypto Team

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