Cardano founder Charles Hoskinson paid a touching homage to Dogecoin, the beloved cryptocurrency represented by the famous Shiba Inu Kabosu, therefore igniting strong feeling among the crypto community.
Hoskinson’s homage manifested as a memetic statement posted on Twitter, with the GIF image subtitled “I have been and will always be your friend,” next to the words “Doge to Bitcoin.” Inspired by word of Kabosu’s leaving, this tweet struck a deep chord and became a turning point in the evolution of cryptocurrencies.
Dogecoin Legend Inspires Unity
With her charming look, Kabosu—known as the face of Dogecoin and the venerable “Doge”—meme—captivated internet users all around. Her death cut across digital lines, uniting many groups in a common memorial for the happiness she offered to millions.
The legend of the Japanese Shiba Inu goes back to 2010 when her dubious look began to represent internet comedy and motivated a generation of online jokes. Hoskinson’s move not only respects Kabosu’s legacy but also emphasizes the brotherhood that penetrates the crypto scene.
Hoskinson’s comment is significant in the entwined histories of Bitcoin and Dogecoin. Born out of a lighthearted parodies of Bitcoin in 2013 by software programmers Jackson Palmer and Billy Markus, Dogecoin has roots with its more well-known relative.
Originally seen as a fun spin-off, Dogecoin established common ground between the two cryptocurrencies by using a good bit of Bitcoin’s source code. Both use a proof-of- work (PoW) consensus system whereby miners block-store transactions they validate. But subtle variations have evolved over time to help define the unique identities of Bitcoin and Dogecoin.
Hoskinson’s memorial reminds the crypto community of the compassion and friendliness that support the realm of distributed finance as it considers Kabosu’s legacy and the links among several digital currencies.
