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