Dogecoin and Litecoin have been merge-mined since 2014: the same Scrypt hash power mines blocks on both chains, so miners don’t have to choose one or the other.
Block production: $DOGE , about 1 minute per block; LTC has a block every 2.5 minutes, so DOGE produces 60 more blocks in the same hour.
Block rewards: DOGE has a fixed reward of 10,000 coins per block, unchanged since 2015; LTC’s reward halves every 840,000 blocks, with a total supply cap of 84 million coins.
Supply: At the current block reward, DOGE adds about 5.256 billion coins per year, while LTC’s issuance decreases in steps with each halving.
Merge mining ties the security budgets of the two chains together, so when hash power drops, they feel it together. For people working on payments and wallets, a 1-minute block means faster first confirmations—and also more blocks and more small-value UTXOs to process in the same time window. #Dogecoin
Crypto assets are volatile. DYOR.
Block production: $DOGE , about 1 minute per block; LTC has a block every 2.5 minutes, so DOGE produces 60 more blocks in the same hour.
Block rewards: DOGE has a fixed reward of 10,000 coins per block, unchanged since 2015; LTC’s reward halves every 840,000 blocks, with a total supply cap of 84 million coins.
Supply: At the current block reward, DOGE adds about 5.256 billion coins per year, while LTC’s issuance decreases in steps with each halving.
Merge mining ties the security budgets of the two chains together, so when hash power drops, they feel it together. For people working on payments and wallets, a 1-minute block means faster first confirmations—and also more blocks and more small-value UTXOs to process in the same time window. #Dogecoin
Crypto assets are volatile. DYOR.