Details about DogePow cryptocurrency
DogePow
DOGEW
Unknown for now
€328
1,000,000,000,000
0
Unknown
https://dogepow.com/
@DogePOWethpow
DogePow price charts
DOGEW exchanges
DogePow, the crypto
DogePow (DOGEW) is a cryptocurrency that operates on the decentralized blockchain network. Similar to other cryptocurrencies, DOGEW can be used for online transactions and payments, but it also has a unique twist.
The point
The main point of DOGEW is to incentivize users to participate in mining and maintaining the network while also supporting Dogecoin, a popular meme-inspired cryptocurrency. Users can earn DOGEW by mining, but they can also use it to vote on future changes to the Dogecoin network.
The problem
One potential problem DOGEW tries to solve is the centralization of power that can occur in cryptocurrency networks. By allowing users to earn and use DOGEW for voting, it aims to decentralize decision-making and prevent a small group from having too much control over the network. Additionally, DOGEW aims to incentivize users to participate in mining and help keep the Dogecoin network secure.
Compare DOGEW and BTC performance
| Timeframe | DOGEW | BTC |
|---|---|---|
| 1h change | 0 % | -0.549765 % |
| 24h change | 0 % | -1.83904 % |
| 7 day change | 0 % | -5.42791 % |
| 14 day change | 0 % | -5.02398 % |
| 30 day change | 0 % | -3.47658 % |
| 200 day change | 0 % | 126.537 % |
| Year change | 0 % | 126.622 % |