Lightning cryptocurrency exchange
Dogecoin is a decentralized Internet currency for settlements between network users. The token is developed on the Scrypt algorithm, based on the fork of the LTC coin, called Luckycoin.
The processing speed of transactions in the Dogecoin blockchain
One of the advantages of Doge is the very fast transaction processing speed compared to other cryptocurrencies. This is due to relatively simple mining, which allows for faster block processing. The block is created once a minute, that is, 2.5 times faster than LTC.
To make an exchange, 4 confirmations are required.
Dogecoin network fee
Dogecoin has one of the lowest fee rates, while it practically does not change even when transferring large amounts. The average commission is no more than $0.01.
A brief history of Cardano
At the end of 2014, former Ethereum developer Charles Hoskins put together a team to create a Cardano platform that, in his opinion, had to meet all his requirements. With the help of the platform, Charles Hoskins wanted to introduce cryptocurrency into the real economy, make microtransactions convenient and create convenient conditions for launching reliable and secure decentralized applications.
Cardano address formats
There are 2 types of Cardano addresses:
Byron is the first version of an address that starts with “A” or “D”.
Speed in the Cardano blockchain
The exchange requires 15 confirmations. Blocks in the ADA blockchain appear approximately every 20 seconds. The average time for confirmation of an exchange is 5 minutes.
exchange in 3 easy steps
- Enter the desired amount of Dogecoin and write your wallet address to receive currency.
- Click the “Exchange now” button and you will be taken inside your order.
- Send Dogecoin to the address from your order, after the required network confirmation, Cardano will be sent instantly.