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Lucky Coin, Litecoin, and Bitcoin

The developers used the code of another cryptocurrency known at the time, Lucky Coin, to create Dogecoin. Therefore, it can be said that this cryptocurrency was actually a fork of Lucky Coin.

Lucky Coin itself is a fork of Litecoin, and Litecoin is a fork of Bitcoin.

Since Lucky Coin had a random block reward system (i.e., miners' rewards were not fixed like Bitcoin and Litecoin), it was not clear how much a miner would receive for each block; this number could range from zero to thousands of units.

To keep Dogecoin a joke, Palmer and Marcus, the two founders of the project, implemented Luckycoin’s random block feature into their cryptocurrency, hoping that the randomness would annoy miners and prevent them from using the token as a long-term payment solution.

The founders of this joke never intended to create a multi-billion dollar cryptocurrency; but it became a multi-billion dollar one.