Dogecoin vs Polkadot
Dogecoin and Polkadot 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 | Polkadot | |
|---|---|---|
| Created by | Billy Markus and Jackson Palmer | Gavin Wood, Robert Habermeier and Peter Czaban |
| Native token | DOGE | DOT |
| Consensus algorithm | PoW | PoS |
| Hashing algorithm | SHA-256 | BLAKE2 |
| Supports EVM | No | No |
| TPS | 30 | 1000 |
| Block time (secs) | 60 | 6 |
| Layer | 1 | 0 |
| Supports smart contracts | No | Yes |
| Average transaction fee | $0.22 | $0.08792 |
| Staking rewards (APR) | 0% | 14.5% |
High-level Comparisons
Is Dogecoin faster than Polkadot?
No, Dogecoin only processes 30 transactions per second. Polkadot processes up to 1000.
Is Dogecoin cheaper than Polkadot?
No, Dogecoin has an average transaction fee of $0.22, whereas Polkadot costs $0.08792.