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