Dogecoin vs. Polygon
In this article we'll compare Dogecoin and Polygon. This is an indepth review that considers many metrics.
Overview
| Dogecoin | Polygon | |
|---|---|---|
| Created by | Billy Markus and Jackson Palmer | Jaynti Kanani, Sandeep Nailwa, Anurag Arjun, and Mihailo Bjelic |
| Native token | DOGE | MATIC |
| Consensus algorithm | PoW | PoS |
| Hashing algorithm | SHA-256 | KECCAK-256 |
| Supports EVM | No | Yes |
| TPS | 30 | 7000 |
| Block time (secs) | 60 | 2 |
| Layer | 1 | 2 |
| Supports smart contracts | No | Yes |
| Average transaction fee | $0.22 | $0.018 |
| Staking rewards (APR) | 0% | 4.78% |
Table of Contents
Comparison
Is Dogecoin faster than Polygon?
No, Dogecoin processes 30 transactions per second and Polygon processes 7000.
Is Dogecoin cheaper than Polygon?
No, Dogecoin has an average transaction fee of $0.22, whereas Polygon costs $0.018.