Complementary Advantage—Agreement reached between DogeChina, the Dogecoin community, and Conflux

Speaking of Elon Musk, everyone would think of the keywords such as entrepreneur, engineer, geek, iron man, Tesla and SpaceX CEO. In addition to these identities, he has one more interesting title, which is the “pre-CEO” of Dogecoin.
Complementary Advantage—Agreement reached between DogeChina, the Dogecoin community, and Conflux

Speaking of Elon Musk, everyone would think of the keywords such as entrepreneur, engineer, geek, iron man, Tesla and SpaceX CEO. In addition to these identities, he has one more interesting title, which is the “pre-CEO” of Dogecoin.

Although the ‘pre-CEO’ was just an April Fool’s joke, Elon Musk himself was very fond of this new title, not only did he change his Twitter profile to ‘the former CEO of Dogecoin’, but he also spoke very highly of Dogecoin and claimed it as ‘his favorite’. So we cannot help but ask what is the magical power of this seemingly funny bitcoin that makes the world-famous ironman admire it so much?

The name may be a little bit like a joke, but Dogecoin is indeed very influential. In fact, we can use the word ‘pivotal’ to describe its position in the bitcoin world. Created by Australian brand and marketing experts and American programmers based on Scrypt algorithm on Dec. 18, 2013, Dogecoin stormed the world with its unique features characterized by fair distribution, charity, and the tipping culture. As of now, it has become the second-largest digital currency in terms of users after Bitcoin.

As Dogecoin has become more and more popular, its communities have been set up around the world. On Apr. 18, 2019, DogeChina, the community of Dogecoin sponsored by exchanges, funds, media, activity parties, blockchain project parties, mining pools, quantitative agencies, and Dogecoin users, formally announced its establishment.

In the future, DogeChina will further promote the landing of Dogecoin in China, and expand the consensus with international communities on technology while keeping the update and maintenance of the Dogecoin technical codes.

Besides, DogeChina would also help community members to find high-quality projects. A few days ago, DogeChina announced its cooperation with Conflux, the Chinese top-notch public chain company. It will closely involve itself in the building of Conflux test network and boost the construction and development of Conflux community with its own experience. 

For this, the person in charge of Conflux said that, as the only public chain that realizes high speed TPS without sacrificing any degree of decentralization and security, Conflux has assembled the ‘dream team’ of the blockchain industry. The self-developed TG(Tree Graph)-based scalable consensus algorithm has effectively resolved the problem of computing resource waste and correspondent security degradation caused by a bifurcation in high-concurrency networks so that the consensus would not be the bottleneck of the blockchain performance anymore. DogeChina is proud to be a part of the high-quality project to explore the future of blockchain technology.   

He also said that as the first team involved in the infrastructural construction of Conflux community, DogeChina, affiliated to Dogecoin, has accumulated enough experience in community operation. I believe that its excellent capabilities of community operation would make more people understand and love Conflux. In the future, the Conflux community would take the decentralized governance model as a reference. We believe that only by giving full play to the role of the Conflux community can Conflux can fly higher and further.