Explore Dogechain (DC) with MEXC Blog
An EVM-compatible layer-2 blockchain called Dogechain (DC/USDT - trade it on MEXC) promises to enhance the original Dogecoin cryptocurrency. Dogechain, a proof-of-stake blockchain, attempts to harmonize with the original meme cryptocurrency by increasing Dogecoin's functionality with smart contracts while also bringing scalability, robustness, security, and utility to Dogecoin. This essay will talk about the fundamental characteristics of the Dogechain (plus how to buy and earn DC on MEXC).
Some Features of Dogechain
Dogechain's primary objective is to expand the use cases for Dogecoin by giving it well-needed utility. To accomplish this, Dogecoin users only need to wrap their $DOGE into Dogechain smart contracts to receive $wDOGE PoS tokens. Users will be able to access an ecosystem of DeFi products, NFTs, and GameFi using $wDOGE tokens, which are based on the Dogechain blockchain and indirectly supported by their original $DOGE tokens. The following technological features are required for this utility enhancement:
- IBFT (Istanbul Byzantine Fault Tolerant) Proof-of-Stake (PoS) consensus: community members are guaranteed to use a permission-less and decentralized blockchain by participating in network's PoS consensus.
- EVM-compatible: existing smart contracts for Ethereum can be simply moved to Dogechain without requiring any additional alterations.
- Decentralized Governance: token holders have the ability to submit proposals, assign authority, cast votes on blockchain-related issues and events, and participate in governance processes.
- Cross-chain compatibility: by encapsulating Dogecoin over the Dogechain bridge and sending it back to the Dogecoin network when needed, Dogecoin can be simply used on the Dogechain network.
How to Purchase Dogechain
Do you want to purchase DC? Follow these procedures to buy Dogechain (DC) on MEXC:
- Enter your MEXC account credentials, then select Trade. Select Spot.
- Use the search field to look up the trading pairs for "Dogechain (DC)". Consider Dogechain (DC)/USDT as an illustration.
- Go to the Spot box by scrolling down. Enter the quantity of DC you wish to purchase. Open a Limit order, a Market order, or a Stop-limit order, as appropriate. Use a market order as an illustration. To confirm your order, click [Buy Dogechain (DC)]. The DC that you bought is located in your Spot Wallet.
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