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