Bitcoin is a decentralized digital currency that works as a medium of exchange for goods and services. It was created in 2009 by a pseudonymous programmer named Satoshi Nakamoto (believed to be a Japanese man) as an alternative to other existing forms of currency, which are controlled by national governments and monetary authorities. Similar to cash, Bitcoin only exists digitally, but unlike cash it can be used to buy things electronically, like online goods or services. Bitcoin is made possible by a technology known as blockchain, which acts as the underlying infrastructure that makes facilitating transactions possible without the need of a third party (for example, banks).

Bitcoin

The Dogecoin blockchain is a public ledger of all Dogecoin transactions. You can use the blockchain to check your Dogecoin balance, see where you Dogecoins are at any point in history, and your transaction history.

	Bitcoin	Dogecoin
Created by	Satoshi Nakamoto	Billy Markus and Jackson Palmer
Native token	BTC	DOGE
Consensus algorithm	PoW	PoW
Hashing algorithm	SHA-256	SHA-256
Supports EVM	No	No
TPS	5	30
Block time (secs)	600	60
Layer	1	1
Supports smart contracts	No	No
Average transaction fee	$5.0973	$0.22
Staking rewards (APR)	0%	%

Bitcoin vs. Dogecoin

Overview

Table of Contents

Comparison

Is Bitcoin faster than Dogecoin?

Is Bitcoin cheaper than Dogecoin?