Rob Wile — Dogecoin Just Solved A Problem That Bitcoin Is Going To Face

...Sydney-based co-creator Jackson Palmer announced the amount of Dogecoin would not be fixed, meaning it's possible for an infinite amount of Dogecoin to be created. (This was first spotted by Ars Technica's Cyrus Favriar). Every new "block" of Dogecoin that gets mined will yield 10,000 units of the currency.

"This will help maintain mining and stabilize the number of coins in circulation (considering lost wallets and various other ways coins may be destroyed) at 100 billion," Palmer wrote.

This is close to how a normal fiat currency like the U.S. dollar works. Like the greenback, Dogecoin will now better be able to respond to increasing demand, as well as potential damages like those outlined by Palmer....

Business Insider — Clusterstock
Dogecoin Just Solved A Problem That Bitcoin Is Going To Face
Rob Wile

Also Why Bitcoin Will Never Have A Problem With Deflation by Joe Weisenthal