Doge Feb Roundup
I got in touch with the co-founders of Dogecoin, ex-IBM engineer Billy Markus and marketer Jackson Palmer, to ask a few questions about the lighthearted start-up digital currency. Dogecoin is on the rise in the past couple of days, with the trading price of coins up 911% over this time last month.
Not just another Bitcoin spin-off, Dogecoin is notable for its community’s effort to raise US$30,000 to send the Jamaican bobsled team to the Winter Olympics in Sochi (in some kind of hilarious 21st century version of Cool Runnings). The Dogecoin Foundation, and key members of the /r/dogecoin community on Reddit, are constantly involving themselves in new charitable initiatives, including Doge4Kids, crowdsourcing service dogs for children in need.
… Jackson owned dogecoin.com, but you do have to make a node (an initial machine for people to sync with), and as the dogecoin network scales, many nodes, so I spend a few hundred dollars a month on nodes on various VPS systems around the world.
/r/Dogecoin has 35,000 subscribers, active pools of miners, and quite a bit of publicity recently. Like Satoshi Nakamoto and Bitcoin, do you think you could disappear and have the coin and community live on and grow? How instrumental has your role been in the philanthropic side of Doge?
JP: We’re over 45,000 subscribers now (Ed: 60,000 at time of publication!), and it’s not slowing down. I spent a lot of time on the subreddit and the community really has a kind heart. Dogecoin and the community kind of runs itself, but I like to be involved and chime in where I feel like I can help.
I think it’s important that we never take ourselves too seriously (cough cough, Bitcoin) and keep the generous vibe going. I really want us to focus on more life changing charity work in the future.
BM: I want to be involved as long as people are continuing to enjoy the currency and need a developer. I’ve donated quite a bit to the things I value the most — dev help, people running expensive nodes for the network, and eSports outreach (including prize pools for eSports tournaments).
What do your colleagues and friends think about Dogecoin? Is it odd telling people that you’re one of the founders of an increasingly popular cryptocurrency based on an Internet meme?
JP: The crew at Adobe are aware and are quite supportive of my moonlighting as the founder of a digital currency. I’m making no money off the project (the coin wasn’t pre-mined), so I dedicate my evenings to Dogecoin out of the passion I have for the project, and based on the kindness of the community.
BM: Most everyone thinks it’s some combination of hilarious and a sign that the world has gone crazy. I tend to agree.
Dogecoin facebook tipping add testing
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