Solana vs Dogecoin
Solana 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
| Solana | Dogecoin | |
|---|---|---|
| Created by | Anatoly Yakovenko | Billy Markus and Jackson Palmer |
| Native token | SOL | DOGE |
| Consensus algorithm | PoH | PoW |
| Hashing algorithm | SHA-256 | SHA-256 |
| Supports EVM | No | No |
| TPS | 65000 | 30 |
| Block time (secs) | 0.4 | 60 |
| Layer | 1 | 1 |
| Supports smart contracts | Yes | No |
| Average transaction fee | $0.00025 | $0.22 |
| Staking rewards (APR) | 7% | % |
High-level Comparisons
Is Solana faster than Dogecoin?
Yes, Solana can process 65000 transactions per second. Dogecoin only processes up to 30.
Is Solana cheaper than Dogecoin?
Yes, Solana has an average transaction fee of $0.00025, whereas Dogecoin costs $0.22.