Dogecoin DOGE

Created 2013 by Billy Markus and Jackson Palmer (Palmer left in 2015); Markus is listed as advisor to the Dogecoin Foundation. A 2022 Benzinga profile named Foundation board members (Gary Lachance, Jens Wiechers, Michi Lumin, Timothy Stebbing) and technical advisors (Max Keller, Ross Nicoll); the Foundation's own About page names no trustees or members, so current membership is unverified. dogecoin.com states it has 'an amazing team of developers and volunteers' without naming current maintainers; the GitHub README names none. The Foundation supports but does not control the protocol.

Dogecoin Foundation, described on its About page as a not-for-profit organisation (est. 2014, revived 2021), operating through Much Wow Ltd and MadeUpNumbers Ltd (England & Wales, company nos. 13726736 and 13602061), Dogecoin Foundation and Much Wow Inc. (United States, Illinois registered agent) and Dogecoin Foundation Australia. Registry filings were not independently checked. The Foundation did not issue or sell DOGE; the coin launched without a company or sale.

Least Authority (Least Authority TFA GmbH) audited Dogecoin Core changes between v1.14.3 and v1.14.5 and verified v1.14.6: code review Oct 3-Nov 11 2022, final report April 2023 (timeline lists 20 April delivery, cover 21 April). Scope was limited to those diffs, not the whole codebase. Halborn also reviewed the Dogecoin codebase in March 2022 and disclosed Rab13s-class vulnerabilities (CVE-2023-30769 referenced); Halborn's page does not present it as a full audit.

Proof-of-work chain (Scrypt, merge-mined) with open-source Core client under the MIT license; reward schedule is hard-coded in consensus code (constant 10,000 DOGE per block). No token contract, admin key, freeze or mint function exists in the protocol as read; rule changes require node/miner adoption of new software. The Foundation holds no protocol keys (it is a support/advocacy body), though a small group of volunteer maintainers merges code into the reference client.

No unlock schedule exists (no premine/vesting). DOGE has uncapped constant issuance: consensus code pays 10,000 DOGE per block after block 600,000, at a 60-second target = about 5.256 billion DOGE per year, which is about 3.36% of CoinGecko's 156.229B total supply (calculated, assuming the target block time holds; actual is derived from block times).

Chain gas fees are visible on DefiLlama ($418,988 over trailing year). There is no issuer revenue; fees accrue to miners. DefiLlama revenue (burned coins) is $0.

DefiLlama 'Doge' chain: trailing-1-year gas fees paid by users (total1y) = $418,988; DefiLlama defines Revenue as burned coins and reports $0 (Dogecoin has no fee burn). Fees go to miners, not to a company.

Top 10 addresses per BitInfoCharts on 2026-10-07 sum to about 44.4% of coins (17.38, 7.39, 7.00, 3.22, 2.32, 1.92, 1.65, 1.36, 1.19, 0.96). INCLUDES exchange/custody wallets labeled by BitInfoCharts (Robinhood cold wallet 17.38%, Upbit 7.39%, Binance x3, Bithumb cold wallet), a Cryptsy address (3.22%; labeled by BitInfoCharts, status not verified), a Dogeparty burn address (1.19%), and two unlabeled addresses (2.32%, 1.65%). Labels are third-party and not independently verified.