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