Optimism vs Dogecoin
Optimism 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
| Optimism | Dogecoin | |
|---|---|---|
| Created by | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho | Billy Markus and Jackson Palmer |
| Native token | OP | DOGE |
| Consensus algorithm | PoS | PoW |
| Hashing algorithm | KECCAK-256 | SHA-256 |
| Supports EVM | Yes | No |
| TPS | 4000 | 30 |
| Block time (secs) | 2 | 60 |
| Layer | 2 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $0.141 | $0.22 |
| Staking rewards (APR) | 0% | % |
High-level Comparisons
Is Optimism faster than Dogecoin?
Yes, Optimism can process 4000 transactions per second. Dogecoin only processes up to 30.
Is Optimism cheaper than Dogecoin?
Yes, Optimism has an average transaction fee of $0.141, whereas Dogecoin costs $0.22.