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