The original memecoin, Dogecoin (DOGE), is now building a decentralized ecosystem.
Dogecoin developers announced the testnet version of the new utility-focused Dogechain offshoot is now open for developers to start building before the mainnet’s official launch.
“Dogechain is built on Polygon Edge, which lets the project bootstrap a new blockchain network while providing full compatibility with Ethereum smart contracts and transactions. It uses IBFT (Istanbul Byzantine Fault Tolerant) consensus mechanism, supported PoS (proof-of-stake).”
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According to the project website, features will include games, non-fungible tokens (NFTs) decentralized finance (DeFi), and other decentralized applications (DApps).
DOGE itself will be used as gas to power the new chain which operates as a proof-of-stake mechanism.
The new DC native token will be distributed via airdrop to DOGE holders at
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