Dogecoin（Doge）獨特的供應模型：通貨膨脹影響，採礦獎勵和未來影響

Dogecoin（Doge）以獨特的供應模型運行，該模型將其與許多其他加密貨幣（尤其是比特幣）區分開來。與擁有2100萬BTC的有限供應的比特幣不同，Dogecoin具有未蓋的通貨膨脹供應。

Dogecoin (DOGE) operates on a unique supply model that differentiates it from many other cryptocurrencies, particularly Bitcoin. Unlike Bitcoin, which has a finite supply of 21 million BTC, Dogecoin has an uncapped, inflationary supply. This means that new DOGE coins are continuously created, influencing its price dynamics, adoption, and long-term viability.

Dogecoin（Doge）以獨特的供應模型運行，該模型將其與許多其他加密貨幣（尤其是比特幣）區分開來。與擁有2100萬BTC的有限供應的比特幣不同，Dogecoin具有未蓋的通貨膨脹供應。這意味著新的Doge硬幣是不斷創建的，從而影響了其價格動態，採用和長期生存能力。

In this article, we’ll explore Dogecoin’s supply mechanics, inflationary impact, mining rewards, and future implications.

在本文中，我們將探討Dogecoin的供應機制，通貨膨脹影響，採礦獎勵和未來的影響。

1. The Basics of Dogecoin’s Supply Model

1。狗狗供應模型的基礎知識

Dogecoin’s monetary policy was initially similar to Bitcoin’s, with a finite cap of 100 billion DOGE. However, in 2014, its developers removed the cap, allowing for an unlimited supply. This decision was made to ensure Dogecoin remained accessible and functional as a medium of exchange rather than a store of value.

Dogecoin的貨幣政策最初與比特幣的貨幣政策相似，有限的帽子為1000億輛。但是，在2014年，其開發人員刪除了上限，允許無限的供應。這項決定的目的是確保Dogecoin保持易於訪問，並用作交換媒介而不是價值存儲。

Key Features of Dogecoin’s Supply Model:

Dogecoin供應模型的主要特徵：

✔ Unlimited Supply – There is no maximum number of DOGE that can be created.

✔無限供應 - 沒有最大的DOGE數量可以創建。

✔ Fixed Block Rewards – Miners receive 10,000 DOGE per block as a reward.

✔固定的塊獎勵 - 礦工將獲得每塊10,000個大門作為獎勵。

✔ 1-Minute Block Time – New blocks are mined every 60 seconds, making transactions fast.

✔1分鐘的塊時間 - 每60秒開採新塊，使交易很快。

✔ 5 Billion DOGE Per Year – A steady issuance of new coins ensures liquidity in the market.

✔每年50億次的大門 - 新硬幣的穩定發行可確保市場流動性。

Dogecoin’s inflationary nature ensures that it doesn’t suffer from extreme scarcity but also presents challenges regarding long-term value retention.

Dogecoin的通貨膨脹性質確保它不會遭受極端稀缺性的困擾，但在長期保留方面也帶來了挑戰。

2. How Does Dogecoin’s Inflation Work?

2。多黴素的通貨膨脹如何工作？

Unlike Bitcoin, which undergoes a halving event every four years (reducing block rewards to slow supply growth), Dogecoin has a fixed issuance rate of approximately 5 billion new DOGE per year.

與比特幣不同的是，比特幣每四年進行一次減半活動（減少供應量減緩供應增長）不同，Dogecoin的固定發行率每年約為50億個新的Doge。

Annual Inflation Rate

年通貨膨脹率

Since the annual issuance remains constant while total supply grows, the inflation rate gradually declines, reducing the risk of excessive devaluation over time.

由於年度發行在總供應增長的同時保持恆定，因此通貨膨脹率逐漸下降，隨著時間的推移降低了過度貶值的風險。

Why is Inflation Important?

為什麼通貨膨脹很重要？

Unlike Bitcoin’s store-of-value model, Dogecoin’s supply structure is designed for continuous usability as a currency.

與比特幣的價值商店型號不同，Dogecoin的供應結構旨在連續可用性作為一種貨幣。

3. Dogecoin Mining and Supply Distribution

3。開采和供應分配

Mining Algorithm and Block Rewards

採礦算法和阻止獎勵

Dogecoin uses Proof-of-Work (PoW) mining with the Scrypt algorithm, similar to Litecoin. However, instead of being mined separately, DOGE is merge-mined with Litecoin, meaning Litecoin miners can simultaneously mine DOGE without extra cost.

Dogecoin使用Scrypt算法的工作證明（POW）採礦，類似於Litecoin。但是，Doge不是分開開采的，而是與Litecoin合併，這意味著Litecoin礦工可以同時挖掘Doge而無需額外的費用。

Because Dogecoin has fast block times and high issuance, it processes transactions quickly but requires constant demand to maintain price stability.

由於Dogecoin具有快速的障礙時間且發行較高，因此它可以迅速處理交易，但需要持續需求以保持價格穩定。

Supply Distribution Concerns

供應分配問題

One major issue with Dogecoin’s supply model is centralization among whale wallets:

Dogecoin供應模型的一個主要問題是鯨魚錢包中的集中化：

This concentration of supply means that a few large holders could significantly impact Dogecoin’s price through mass sell-offs.

這種供應集中意味著一些大型持有人可以通過大規模拋售會對Dogecoin的價格產生重大影響。

4. Dogecoin’s Inflation vs. Deflationary Cryptos

4。多黴素的通貨膨脹vs.通貨膨脹加密

Dogecoin’s inflationary nature is often compared to Bitcoin’s deflationary model and the burning mechanisms of tokens like Shiba Inu (SHIB).

通常將Dogecoin的通貨膨脹性與比特幣的通縮模型以及像Shiba Inu（Shib）這樣的令牌的燃燒機制進行比較。

How Does Dogecoin Compare?

多黴素如何比較？

While Bitcoin’s scarcity creates a “digital gold” narrative, Dogecoin’s model is more focused on transaction speed and everyday usability.

儘管比特幣的稀缺性創造了“數字黃金”的敘述，但Dogecoin的模型更加專注於交易速度和日常可用性。

5. The Future of Dogecoin’s Supply Model

5。狗狗的供應模型的未來

Dogecoin’s inflationary system has pros and cons, but future developments could impact its long-term sustainability and adoption.

Dogecoin的通貨膨脹系統具有利弊，但未來的發展可能會影響其長期的可持續性和採用。

Potential Future Changes

潛在的未來變化

1️⃣ Supply Reduction or Halving – Developers may introduce a gradual reduction in block rewards to slow inflation over time.

1️⃣供應減少或減半 - 開發人員可能會逐步減少塊獎勵，以減慢通貨膨脹的速度。

2️⃣ Layer-2 Scaling Solutions – Implementing faster, cheaper transactions (like the Lightning Network) could improve usability.

2️⃣第2層縮放解決方案 - 實施更快，更便宜的交易（如閃電網絡）可以提高可用性。

3️⃣ Institutional Adoption – More businesses, including Tesla, could begin accepting DOGE as a payment method.

3️⃣機構採用 - 包括特斯拉在內的更多企業可以開始接受Doge作為付款方式。

4️⃣ Improved Tokenomics – The community could push for a burn mechanism to reduce supply, similar to SHIB.

4️⃣改善了令牌學 - 社區可以推動與Shib類似的燃燒機制來減少供應。

Will Dogecoin Remain Relevant?

Dogecoin會保持相關性嗎？

For now, Dogecoin remains a popular, highly liquid cryptocurrency, but its supply model requires sustained demand to maintain its value.

目前，Dogecoin仍然是一種流行的，高度液體的加密貨幣，但其供應模型需要持續的需求才能維持其價值。

6. Final Thoughts: Is Dogecoin’s Supply Model Sustainable?

6.最終想法：Dogecoin的供應模型是否可持續？

✅ Pros of Dogecoin’s Supply Model:

✅Dogecoin供應模型的優點：

✔ Fast Transactions – 1-minute block times make DOGE faster than Bitcoin.

✔快速交易 - 1分鐘的塊倍使Doge的速度比比特幣快。

✔ Low Fees – Cheaper than many cryptocurrencies for small transactions.

✔低費用 - 比小型交易的許多加密貨幣便宜。

✔ Encourages Spending – Inflation discourages hoarding and promotes daily use.

✔鼓勵支出 - 通貨膨脹會阻止ho積並促進日常使用。

✔ Strong Community Support – Dogecoin has an engaged and loyal community.

✔強烈的社區支持 - Dogecoin擁有一個敬業和忠誠的社區。

✔ Merge-Mining with Litecoin – Increases network security without extra energy costs.

✔與LiteCoin合併 - 在沒有額外的能源成本的情況下提高網絡安全性。