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DOGG Token (DOGG) is a digital currency that emerged in 2009 as an innovative and digital payment system. The currency was originally introduced to the world by an individual known as Satoshi Nakamoto. DOGG Token differs significantly from conventional currencies, with its key features including full decentralization. It is not influenced by any government, corporation, or bank, making it impossible to manipulate or block bank accounts, manage cash flows, or cause inflation. Additionally, DOGG Token operates without a central authority or individual controlling its decisions.
DOGG Token is generated through specialized software, which releases new virtual coins at a decreasing rate. It is designed to reach a maximum circulation of 21 million coins by 2140. Transactions conducted with DOGG Token incur minimal or no fees. Unlike most other currencies, DOGG Token does not rely on trust from its issuers or intermediaries, such as banks or governments. Payment transactions are carried out through a distributed database and the nodes of a peer-to-peer network.
DOGG Token can be stored on a personal computer as a file within a wallet or on specialized hardware. Alternatively, it can also be stored by a third party. It is even possible to have a wallet completely offline, printed on paper. Each DOGG Token can be divided into eight decimal places, with the smallest unit being called a Satoshi. If even this unit is insufficient, the decimal point can be moved to accommodate the desired amount for transaction purposes.
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