Dogecoin vs Optimism

Dogecoin and Optimism 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

DogecoinOptimism
Created byBilly Markus and Jackson PalmerJinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho
Native tokenDOGEOP
Consensus algorithmPoWPoS
Hashing algorithmSHA-256KECCAK-256
Supports EVMNoYes
TPS304000
Block time (secs)602
Layer12
Supports smart contractsNoYes
Average transaction fee$0.22$0.141
Staking rewards (APR)0%%

High-level Comparisons

Is Dogecoin faster than Optimism?

No, Dogecoin only processes 30 transactions per second. Optimism processes up to 4000.

Is Dogecoin cheaper than Optimism?

No, Dogecoin has an average transaction fee of $0.22, whereas Optimism costs $0.141.