Dogecoin vs. Optimism
In this article we'll compare Dogecoin and Optimism. This is an indepth review that considers many metrics.
Overview
| Dogecoin | Optimism | |
|---|---|---|
| Created by | Billy Markus and Jackson Palmer | Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho |
| Native token | DOGE | OP |
| Consensus algorithm | PoW | PoS |
| Hashing algorithm | SHA-256 | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 30 | 4000 |
| Block time (secs) | 60 | 2 |
| Layer | 1 | 2 |
| Supports smart contracts | No | Yes |
| Average transaction fee | $0.22 | $0.141 |
| Staking rewards (APR) | 0% | % |
Table of Contents
Comparison
Is Dogecoin faster than Optimism?
No, Dogecoin processes 30 transactions per second and Optimism processes 4000.
Is Dogecoin cheaper than Optimism?
No, Dogecoin has an average transaction fee of $0.22, whereas Optimism costs $0.141.