Polygon vs Dogecoin
Polygon 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
| Polygon | Dogecoin | |
|---|---|---|
| Created by | Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic | Billy Markus and Jackson Palmer |
| Native token | MATIC | DOGE |
| Consensus algorithm | PoS | PoW |
| Hashing algorithm | KECCAK-256 | SHA-256 |
| Supports EVM | Yes | No |
| TPS | 7000 | 30 |
| Block time (secs) | 2 | 60 |
| Layer | 2 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $0.018 | $0.22 |
| Staking rewards (APR) | 4.78% | % |
High-level Comparisons
Is Polygon faster than Dogecoin?
Yes, Polygon can process 7000 transactions per second. Dogecoin only processes up to 30.
Is Polygon cheaper than Dogecoin?
Yes, Polygon has an average transaction fee of $0.018, whereas Dogecoin costs $0.22.