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

  1. Metrics
  2. Comparison

Comparing Metrics

Created byJinglan Wang, Benjamin Jones, Karl Floersch, and Kevin HoBilly Markus and Jackson Palmer
Native tokenOPDOGE
Consensus algorithmPoSPoW
Hashing algorithmKECCAK-256SHA-256
Supports EVMYesNo
Block time (secs)260
Supports smart contractsYesNo
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.