Dogecoin's Fixed Block Reward: No Halving Event in Sight
Dogecoin (DOGE) is a cryptocurrency that started in December 2013 as a joke based on the Shiba Inu meme. It runs on proof of work and has no supply cap, which means new coins keep entering circulation. People mostly use it for tipping and small payments.
The question of whether Dogecoin has a halving event is common, but there is no such rule written into its blockchain. A halving is when the reward paid to miners gets cut in half at set intervals, which can lead to scarcity and potentially underpin prices over time.
Dogecoin's block reward has been fixed at 10,000 DOGE per block since August 2014, with no maximum supply cap. This means that new coins keep entering circulation every day, and the total supply has already passed 150 billion coins.