Preheat your oven to 350°F (175°C). Grease and flour an 8-inch round cake pan.
In a medium bowl, sift together the flour, cocoa powder, baking soda, baking powder, and salt. Set aside.
In a large mixing bowl, whisk together the granulated sugar, brown sugar, eggs, vegetable oil, and vanilla extract until smooth.
Slowly add the boiling water to the wet ingredients, mixing until well combined. The batter will be thin.
Gradually fold in the dry ingredients until smooth and fully incorporated.
Pour the batter into the prepared cake pan and bake for 30-35 minutes, or until a toothpick inserted in the center comes out clean. Allow the cake to cool in the pan for 10 minutes, then transfer it to a wire rack to cool completely.