Dogecoin vs Arbitrum
Dogecoin and Arbitrum are two popular blockchains. In this article we'll compare them across a variety of metrics. Both blockchains have their own strengths and weaknesses, and we'll explore them below.
Table of Contents
Comparing Metrics
| Dogecoin | Arbitrum | |
|---|---|---|
| Created by | Billy Markus and Jackson Palmer | Germans Gedgauds |
| Native token | DOGE | ETH |
| Consensus algorithm | PoW | PoS |
| Hashing algorithm | SHA-256 | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 30 | 4000 |
| Block time (secs) | 60 | 13 |
| Layer | 1 | 2 |
| Supports smart contracts | No | Yes |
| Average transaction fee | $0.22 | $0.101 |
| Staking rewards (APR) | 0% | % |
High-level Comparisons
Is Dogecoin faster than Arbitrum?
No, Dogecoin only processes 30 transactions per second. Arbitrum processes up to 4000.
Is Dogecoin cheaper than Arbitrum?
No, Dogecoin has an average transaction fee of $0.22, whereas Arbitrum costs $0.101.