Monero vs Dogecoin
Monero and Dogecoin 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
| Monero | Dogecoin | |
|---|---|---|
| Created by | Riccardo Spagni | Billy Markus and Jackson Palmer |
| Native token | XMR | DOGE |
| Consensus algorithm | PoW | PoW |
| Hashing algorithm | randomx | SHA-256 |
| Supports EVM | No | No |
| TPS | 1700 | 30 |
| Block time (secs) | 120 | 60 |
| Layer | 1 | 1 |
| Supports smart contracts | No | No |
| Average transaction fee | $0.001 | $0.22 |
| Staking rewards (APR) | 0% | % |
High-level Comparisons
Is Monero faster than Dogecoin?
Yes, Monero can process 1700 transactions per second. Dogecoin only processes up to 30.
Is Monero cheaper than Dogecoin?
Yes, Monero has an average transaction fee of $0.001, whereas Dogecoin costs $0.22.