DERPcoin is built on the Ethereum blockchain, utilizing the ERC-20 standard. The total supply of DERPcoin is 690 billion tokens, with no further tokens to be minted. DERPcoin's mining process is intentionally designed to be absurd and entertaining. Instead of traditional proof-of-work or proof-of-stake algorithms, DERPcoin utilizes a proof-of-derp consensus mechanism. To mine DERPcoin, users must participate in "derp-offs," which are contests where participants compete to come up with the most absurd and nonsensical ideas for using DERPcoin. In addition, DERPcoin rewards users who create TikTok videos about DERPcoin, especially those that involve silly dances or other forms of humor. These videos can earn users additional DERPcoin, and the best videos may even be featured on our website or social media channels.