Dogechain is an EVM-compatible layer-2 blockchain designed to complement the original Dogecoin cryptocurrency by providing enhanced scalability, security, robustness, and utility through smart contracts. It enables users to leverage blockchain technology beyond the limitations of Dogecoin by supporting DeFi platforms, NFTs, and other decentralised applications.
Dogechain functions as a separate blockchain built on the Polygon Edge framework, which allows for EVM compatibility and supports smart contracts. It utilises the IBFT Proof-of-Stake (PoS) consensus mechanism, ensuring decentralisation and secure transactions by relying on a network of validators. This setup facilitates various operations like staking, governance, and the creation of NFTs, all while maintaining cross-chain compatibility.
Dogechain opens a range of use cases, including:
Dogechain was developed separately to enhance the utility of Dogecoin and was not created by Dogecoin's original founders, Billy Markus and Jackson Palmer. Launched to provide smart contract functionality and improved transaction processes, Dogechain has positioned itself in the market with a focus on integrating Dogecoin's ethos into a broader blockchain ecosystem. The platform has significantly grown since its listing in 2022, attracting attention for its utility and community engagement endeavours, setting itself apart from the original Dogecoin project.