Dogecoin vs Monero

Dogecoin and Monero 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

  1. Metrics
  2. Comparison

Comparing Metrics

DogecoinMonero
Created byBilly Markus and Jackson PalmerRiccardo Spagni
Native tokenDOGEXMR
Consensus algorithmPoWPoW
Hashing algorithmSHA-256randomx
Supports EVMNoNo
TPS301700
Block time (secs)60120
Layer11
Supports smart contractsNoNo
Average transaction fee$0.22$0.001
Staking rewards (APR)0%%

High-level Comparisons

Is Dogecoin faster than Monero?

No, Dogecoin only processes 30 transactions per second. Monero processes up to 1700.

Is Dogecoin cheaper than Monero?

No, Dogecoin has an average transaction fee of $0.22, whereas Monero costs $0.001.