
Cover image via U.Today
Litecoin's official X account recently surprised the Dogecoin community with an "i'm here for you, dogecoin" tweet. The message, accompanied by a meme inspired by the classic 2D action game "Q*bert" and featuring both Dogecoin and Litecoin branding, sparked considerable interest.
I'm here for you @dogecoin. pic.twitter.com/ckaN8jrgFV— Litecoin (@litecoin) August 8, 2025
This supportive tweet likely alludes to the recent Qubic controversy within the cryptocurrency sphere. Monero, a privacy-focused cryptocurrency, recently faced a situation that appeared to be an attempted network takeover by Qubic, one of its major mining pools, raising concerns about hashrate centralization.
Beyond this recent event, Dogecoin and Litecoin share notable similarities in their origins. Litecoin founder Charlie Lee created Litecoin in 2011, essentially cloning Bitcoin's code, two years after Bitcoin's initial launch by Satoshi Nakamoto.
Following Litecoin's launch, Dogecoin was created in 2013 by software engineers Billy Markus and Jackson Palmer, drawing inspiration from Luckycoin, which itself was a Litecoin derivative.
The "I'm here for you?" sentiment likely harkens back to an incident in 2014. The Dogecoin blockchain faced a potential vulnerability in 2014 due to a rapid rate of currency issuance that threatened to exhaust its block rewards.
At that time, Litecoin creator Charlie Lee intervened, proposing a "merged mining" arrangement that would allow Dogecoin to leverage Litecoin's network security.
Subsequently, Dogecoin adopted auxiliary proof-of-work (AuxPoW), also known as merge mining, enabling Litecoin miners to process Dogecoin transactions, thereby providing an additional layer of security to the Dogecoin network.
Both Litecoin and Dogecoin utilize a "proof-of-work" consensus mechanism, rewarding miners with block rewards for processing transactions and securing their respective networks. Litecoin undergoes a halving event approximately every four years, similar to Bitcoin. Read original article on U.Today
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