Dogecoin vs Bitcoin
Dogecoin and Bitcoin 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 | Bitcoin | |
|---|---|---|
| Created by | Billy Markus and Jackson Palmer | Satoshi Nakamoto |
| Native token | DOGE | BTC |
| Consensus algorithm | PoW | PoW |
| Hashing algorithm | SHA-256 | SHA-256 |
| Supports EVM | No | No |
| TPS | 30 | 5 |
| Block time (secs) | 60 | 600 |
| Layer | 1 | 1 |
| Supports smart contracts | No | No |
| Average transaction fee | $0.22 | $5.0973 |
| Staking rewards (APR) | 0% | 0% |
High-level Comparisons
Is Dogecoin faster than Bitcoin?
Yes, Dogecoin can process 30 transactions per second. Bitcoin only processes up to 5.
Is Dogecoin cheaper than Bitcoin?
Yes, Dogecoin has an average transaction fee of $0.22, whereas Bitcoin costs $5.0973.