Dogecoin vs. Polkadot
In this article we'll compare Dogecoin and Polkadot. This is an indepth review that considers many metrics.
Overview
Dogecoin | Polkadot | |
---|---|---|
Created by | Billy Markus and Jackson Palmer | Gavin Wood, Robert Habermeier and Peter Czaban |
Native token | DOGE | DOT |
Consensus algorithm | PoW | PoS |
Hashing algorithm | SHA-256 | BLAKE2 |
Supports EVM | No | No |
TPS | 30 | 1000 |
Block time (secs) | 60 | 6 |
Layer | 1 | 0 |
Supports smart contracts | No | Yes |
Average transaction fee | $0.22 | $0.08792 |
Staking rewards (APR) | 0% | 14.5% |
Table of Contents
Comparison
Is Dogecoin faster than Polkadot?
No, Dogecoin processes 30 transactions per second and Polkadot processes 1000.
Is Dogecoin cheaper than Polkadot?
No, Dogecoin has an average transaction fee of $0.22, whereas Polkadot costs $0.08792.