Dogecoin vs. Solana
In this article we'll compare Dogecoin and Solana. This is an indepth review that considers many metrics.
Overview
Dogecoin | Solana | |
---|---|---|
Created by | Billy Markus and Jackson Palmer | Anatoly Yakovenko |
Native token | DOGE | SOL |
Consensus algorithm | PoW | PoH |
Hashing algorithm | SHA-256 | SHA-256 |
Supports EVM | No | No |
TPS | 30 | 65000 |
Block time (secs) | 60 | 0.4 |
Layer | 1 | 1 |
Supports smart contracts | No | Yes |
Average transaction fee | $0.22 | $0.00025 |
Staking rewards (APR) | 0% | 7% |
Table of Contents
Comparison
Is Dogecoin faster than Solana?
No, Dogecoin processes 30 transactions per second and Solana processes 65000.
Is Dogecoin cheaper than Solana?
No, Dogecoin has an average transaction fee of $0.22, whereas Solana costs $0.00025.