Superdoge is a decentralized peer-to-peer people’s digital currency and will be released on April 2, 2021. Superdoge can only be obtained through exchange and trading websites.
It will operate on Proof-of-Stake (POS) and have two different masternode setups, which are called GOLD and SILVER. Finally, Superdoge will give 1 SDOGE for each 2 Dogecoin (1:2).
The question arises: Why we make Superdoge?
In 2014, when Dogecoin was created by Billy Markus and Jackson Palmer, their main goal was to “have fun”. Consequently, they have not taken into the consideration the challenges and limitations that Dogecoin will face in the future. The technology stack used by Dogecoin is already outdated and slow, and the successful operation requires enormous energy resources.
Nowadays, there is a desire to make Dogecoin “people’s coin” and reach a value of at least 1 USD. For the realisation of this goal, Dogecoin should take a market cap of almost $ 129.000.000.000, which equals to Tether, BNB, Polkadot and Litecoin’s total market cap altogether. Nevertheless, without having MAX supply and functioning with an outdated technology built in 2014, it is extremely difficult to achieve.
· Around 129,000,000,000 Dogecoins in the circulation today. Nearly 10.000 Dogecoins are generated per minute, which is equal to 14,400,000 Dogecoins in a day.
· In average, the transaction fee in USD costs | 2.8 DOGE ($ 0.15 USD) and has been up and peaking at 0.31 USD in January.
· Block time is 1 minute, and only people with SCRYPT miners can mine this coin, where the reward is 14,400,000 new coins per day. This means that there is a high chance of miners to dump the market, which does not let the value of Dogecoin raise and affects others negatively.
· Transaction Per Second (TPS) of Dogecoin is 33, which is very slow if it is used as a normal payment solution.
In conclusion, for Dogecoin to be “people’s coin” and usable as a normal payment solution, it needs an energy efficient technology to perform cheap operations, furthermore, the max supply of Dogecoin should be clarified, and finally, there is a need for a block rewarding system, which is accessible by everyone.
We, as Superdoge team, want to end this massive bleeding from the blockchain, make transaction fee free for next 50 years, enable coin rewards available for everyone and achieve higher TPS compared to Dogecoin.
Dogecoin vs Superdoge
Superdoge Specifications:
Official Project Sources:
Website: https://superdoge.net
Explorer: http://explorer.superdoge.net
GitHub: https://github.com/superdoge-project/superdoge
Quora: https://quora.com/q/superdoge
Reddit: https://reddit.com/r/SuperDogeCoin
Twitter: https://twitter.com/_superdoge
Telegram: https://t.me/superdogecoin
