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Jan 5, 2015 Developed in 2013 by Portland programmer Billy Markus, Dogecoin (dohj-coin) is the whimsical sibling to Bitcoin. Like Bitcoin, Dogecoin is a virtual, nationless currency for online transactions. This Portland invention, however, is much more playful: the name honors Doge, the knowing Shiba-dog Web 

Its mining algorithm uses scrypt to generate the keys used in hashing but does not require miners to compete (Vigna and Casey, 2015, pp. 90–91). Note: Dogecoin is pronounced dojecoin as indicated by one of the founders, Jackson Palmer on January 15, 2014 (?v=kVDcOI0-gdQ). Dogecoin 

Cryptocurrency Compendium: A Reference for Digital Currencies: A - Google Books Result