http://4x.reddit.com/r/dogecoin/comments/1ufl1e/much_concern...
There were test cases, peer review and discussion about the potential problems. None of those occurred with dogecoin, who had a rabid developer changing values without understanding what they did.
As far as I'm concerned, Dogecoin having more Transactions / day makes it far far more successful than BTC. BTC, despite being a better store of value, is literally affecting fewer people, because everyone is so obsessed with hoarding the dang thing.
Dogecoin takes the whole approach and makes a joke of it... and that is why it will be a perfectly fine transaction medium.
Either with that or around that time they also had to do a patch to raise the transaction limit.
Both issues were hard to anticipate and I guess if you have to cause a fork, at least it happens while the chain was "young".
To outsiders this stuff may seem mysterious and hard, but to people with real experience in this field it's easy to see that the Dogecoin team don't have a clue.
What I am realizing is that dogecoin, by virtue of being not so serious, is gaining more developer mindshare who want to experiment and learn. That's what makes it fun, and what gives it potential.
But Litecoin has the very competent Warren Togami as lead dev right now; if dogecoin had competent devs maintaining the client they'd get some respect. But they don't.
http://www.coindesk.com/litecoin-founder-charles-lee-on-the-...
I think you're missing the point of dogecoin. It doesn't matter. That's the point.
It's a pity that Dogecoin uses such an out of date codebase - having it more up-to-date would give a nice target with real economic value and importantly transaction volume for testing out exploits. (for crypto-coins "exploits" can mean economic design issues which can't necessarily be fixed with code changes) The very short block interval makes attacks like selfish mining easier to try out for instance. Similarly because they kept the 1MB blocksize limit, but with a 10x shorter 1m interval, it gives insight into what Bitcoin would look like if the blocksize limit was raised.
Keep in mind that most people in the crypto-coin dev/theory community don't actually own that many coins, and in any case are insiders that can easily move their coins to whatever crypto-currency is most likely to grow. The smart people aren't wedded to any particular currency, but rather the growth of crypto-currencies in general. Understanding how they fail is essential to making crypto-currencies succeed in the long run.