Scrypt

Abstract

...rown into a widely used digital currency with a vibrant community. Built on the Scrypt proof-of-work algorithm, Dogecoin features fast block times, low transaction fe...

Background

...more frequent transactions. The most significant change was the adoption of the Scrypt hashing algorithm in place of SHA-256. Scrypt is a memory-hard function that wa...

Technical Specifications

Dogecoin operates on a proof-of-work consensus mechanism using the Scrypt hashing algorithm. Scrypt was chosen through its inheritance from Litecoin and ...

Network Architecture

... value that, when combined with the block header data and processed through the Scrypt hashing algorithm, produces a hash value below the current difficulty target. T...

Development History

...sed in September 2014. This change enabled merge mining with Litecoin and other Scrypt-based cryptocurrencies. The decision was driven by mounting security concerns a...

Conclusion

..., demonstrating pragmatic engineering in service of the project's survival. The Scrypt proof-of-work algorithm, one-minute block time, and inflationary monetary polic...