Dogecoin vs. Monero
In this article we'll compare Dogecoin and Monero. This is an indepth review that considers many metrics.
Overview
Dogecoin | Monero | |
---|---|---|
Created by | Billy Markus and Jackson Palmer | Riccardo Spagni |
Native token | DOGE | XMR |
Consensus algorithm | PoW | PoW |
Hashing algorithm | SHA-256 | randomx |
Supports EVM | No | No |
TPS | 30 | 1700 |
Block time (secs) | 60 | 120 |
Layer | 1 | 1 |
Supports smart contracts | No | No |
Average transaction fee | $0.22 | $0.001 |
Staking rewards (APR) | 0% | % |
Table of Contents
Comparison
Is Dogecoin faster than Monero?
No, Dogecoin processes 30 transactions per second and Monero processes 1700.
Is Dogecoin cheaper than Monero?
No, Dogecoin has an average transaction fee of $0.22, whereas Monero costs $0.001.