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Dogecoin (DOGE) Releases An Alpha 3 Update On its Source Code Targeting Service Providers

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Dogecoin (DOGE), also known as a parody coin, has recently released an alpha upgrade to its source code that will allow merchants and exchanges implement tests for the testnet environment as a way of performing small live money tests on the Dogecoin network. This development is set to prepare exchanges for an improved integration of Dogecoin into their protocols when the beta version comes out.

The announcement came about this week on Dogecoin’s tweeter account and will set a new path for doge coin’s Blockchain development especially given that the coin has been staying dormant for years since its creation.

Why Dogecoin has been under the radar of crypto enthusiasts

Frankly, Dogecoin was never intended to be like any of the other cryptocurrencies. Created by a programmer from Portland in a weekend Dogecoin was meant to be a silly cryptocurrency that resembled the ultimate coin for the cryptocurrency hobbyist.

The initial stages of the coin involved back and forth transactions on Reddit as the community that discovered the cryptocurrency enjoyed the fun of simply sending and receiving cryptocurrency. At the time the coin was nearly worthless even though the community grew unexpectedly over the years.

When Dogecoin finally hit a market capitalization of about $2 billion, it attracted millions of eyeballs such that the early team of developers decided to embark on the project. According to CoinMarketCap, Dogecoin is currently ranked among the top 50 cryptocurrencies and has a market capitalization of over half a billion. Just recently, word around the cryptocurrency and Blockchain space indicated that the core developers of the project had planned to fork Ethereum’s Blockchain. Although the rumors were dismissed by the Dogecoin team, plans were however unveiled to develop a Dogecoin Ethereum Bridge.

What the Dogecoin Ethereum Bridge is all About

Essentially, the Doge Ethereum Bridge is not to be confused with a fork on Ethereum’s Blockchain. The doge Ethereum Bridge is simply an update that establishes a back and forth link between Dogecoin and an eDoge ERC20 token developed on Ethereum’s Blockchain. This upgrade is set to allow Dogecoin to take advantages of Ethereum’s smart contracts. With this update, Dogecoin will have better security, efficient mine ability and immutability that combines the best of a blocked cryptocurrency and an Ethereum token.

In addition to the Dogecoin Ethereum Bridge, the Dogecoin core development team has been at work on a whitepaper and remains to be one of the most active teams of developers backed by a community of over 150,000 members if the Reddit community is anything to go by.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Reasons Why 2019 May Be A Great Year For Crypto

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The new year was always considered to be a time of new beginnings, where people can reflect on the past and learn from their mistakes in order to be better in the future. The same is true for the world of crypto, and investors around the world are hoping for 2019 to be better, more profitable, and to have more success than 2018.

The hope for the future is even more important when we consider all the negative development in 2018. There were numerous high-profile hacking attacks, two market crashes, with a strong bear market in between. Not to mention that some of the biggest projects that may have brightened the year a bit ended up being delayed.

With that in mind, it is understandable why investors are looking forward to the new year and all the potential development that it may bring. In fact, there are several reasons why they should be excited about 2019.

1) Bearish market to loosen its grip

The first reason why 2019 can be a good year digital currencies is that it may finally break free of the bearish grip that has been felt ever since last January. Following the first market crash, the bears settled in, and the prices kept falling for an entire year. The market attempted to shake off the negativity on several occasions, with the biggest one being…

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3 Coins with the Largest Potential in 2019

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2018 has been a pretty bad year for digital coins, and after the initial market crash that occurred a year ago, everyone was expecting a bull run that will fix things. Obviously, it never arrived, and instead of that, all that crypto market experienced was an entire bearish year and another crash in mid-November.

Now, however, it is a brand new year, and attempts to shake off the bears’ grip can be seen even in these first two weeks. The market is still struggling and mostly losing value, rather than gaining, with most coins being in trouble once more. Still, a lot can happen in a year, and most investors remain optimistic regarding 2019. Here are some of the coins that are believed to have tremendous potential, and to be the hope of this year.

  1. Bitcoin (BTC)

Of course, Bitcoin comes first. This is the first cryptocurrency which is still dominating the market, with no other coin being even close to its market cap or price. BTC is the coin that has reached the most prominent heights, and it also lost the most in the previous year. However, there is still hope, as there are several projects and events scheduled for this year that might turn things around for the number one coin.

One thing that is expected is the approval of Bitcoin ETFs…

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Do or Die: 3 Crypto Projects that Really Need to Deliver Soon

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Crypto projects have gone through several crucial periods of development, and while it is fascinating to watch their progress to maturity, a lot of investors are becoming impatient. During the first few years, they were barely known, only talked about in specific groups, among those developers and investors who had the luck to find out about them in the early days.

The next several years, altcoins started appearing, and the voice of cryptocurrency slowly started to spread. Then, there was a period of hype, when crypto exploded, and the entire world finally learned about this new technology that promised to change the world. Naturally, the overhype led to a market crash and price correction that we experienced last year, but the impact was made, and the world is still talking about them on a daily basis.

However, now is the time for cryptos to deliver on their promise, grow up, and start showing results. There are high expectations for many projects, but for various reasons, they have yet to deliver, and many are hoping that 2019 will be the year when they finally do it. Let’s see which 3 crypto projects really need to show results, and soon.

1) Ethereum (ETH)

Are you surprised to see Ethereum at the first spot? The project has been a top cryptocurrency for years, why would it be in danger now?…

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