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Liminal X Dogecoin

| November 17, 2023

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The protocol Dogecoin is one of the most exciting spaces for web3 projects, and Liminal is one of the proud supporters of Dogecoin.

Dogecoin (DOGE) is based on the popular “doge” Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013

In a short span of time post-release, Dogecoin has been one of the higher-performing networks on the platform.

Liminal currently supports 14 chains and 1800+ tokens. You can view the complete list along with the roadmap here.

Unlock the potential of digital assets for your institution

Wallet Characteristics of Dogecoin

Blockchain-specific wallet characteristics in Dogecoin
For UTXO-based chains like Dogecoin, a multisignature wallet is available on the protocol layer. There is smart contract support on protocol, so complex contracts cannot be deployed like EVM. People holding BTC generally like to hold their crypto for a longer duration, so they look for multisignature wallet operations.

Liminal infrastructure in Dogecoin

Liminal supports electrum-based wallets for transaction processes. Liminal supports PSBT format for transactions. For security reasons and purposes, Trezor/Ledger is supported for key management. Liminal is getting CCSS audited and certified and will be the first custody/wallet infrastructure provider to do so.

How can institutions access Dogecoin on Liminal?

  • Institutions will have access to Liminal’s secure storage and trading ecosystem with immediate effect.
  • Liminal added the DOGE token to the 1800+ tokens of digital assets supported across Liminal’s infrastructure.

Secure and manage your digital assets with Liminal

How can DeFi access Dogecoin on Liminal?

  • Liminal dashboard via WalletConnect
  • Liminal DeFi API

See how easy it is on transact Dogecoin on Liminal Network
Video Link

“Integrating with Liminal, Dogecoin will get a more streamlined and secure experience in providing Defi services to their clients.”

About Dogecoin

Dogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a “joke”, making fun of the wild speculation in cryptocurrencies at the time. It is considered both the first “meme coin”, and, more specifically, the first “dog coin”. Despite its satirical nature, some consider it a legitimate investment prospect. Dogecoin features the face of the Shiba Inu dog from the “doge” meme as its logo and namesake. It was introduced on December 6, 2013, and quickly developed its own online community, reaching a market capitalization of over $85 billion on May 5, 2021. It is the current shirt sponsor of Watford Football Club.

Resources: You can find their resources below:
– Community
– Manifesto
– Blog

About Liminal

Liminal is an enterprise-grade platform that offers a robust infrastructure for securing digital assets. Liminal enables crypto-native companies to securely scale their digital asset operations through automated, plug-and-play wallet infrastructure.

Our security-first approach allows projects to define customized policies and assign user roles based on their responsibilities. Liminal’s zero key leakage tolerance approach helps companies eliminate the risks associated with digital asset transfers, such as cyber-attacks, internal collusion, and human error.

Interested in keeping up-to-date with the latest protocol launches, new features, and industry news here at Liminal?

Learn more about Liminal here.

Remember to keep yourself updated on our blog and social media channels.

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