From Investing.com: 2024-05-25 14:30:22

Cardano founder Charles Hoskinson pays tribute to Kabosu, the iconic “Doge” meme dog, posting a heartfelt GIF captioned “I will always be your friend.” Kabosu’s passing unites internet communities in remembrance of the joy she brought since 2010.

Inspired by Bitcoin’s simplicity in 2013, programmers created Dogecoin as a parody cryptocurrency. Although originally a joke copy of Bitcoin, both cryptocurrencies share similarities, using a proof-of-work consensus mechanism involving miners to validate transactions stored in blocks.

While Dogecoin and Bitcoin share common origins and both use the proof-of-work consensus mechanism involving miners, significant changes have occurred over time, causing the two cryptocurrencies to differ more than they may initially appear.

Read more at Investing.com: Cardano Founder Drops Surprising Dogecoin, Bitcoin Insight By U.Today