Dogecoin (DOGE) vs Ethereum (ETH) Comparison
Dogecoin (DOGE) and Ethereum (ETH) are two popular cryptocurrencies that have been in the market for quite some time. Both cryptocurrencies have different features and target different audiences. In this review, we will compare DOGE and ETH based on various factors and determine which cryptocurrency stands out.
Background and Overview
Dogecoin was created in December 2013 by Jackson Palmer and Billy Markus as a joke cryptocurrency based on the popular "Doge" internet meme. However, it quickly gained traction among cryptocurrency enthusiasts and became a popular cryptocurrency in its own right. It has a circulating supply of 128 billion coins and a maximum supply of 210 billion coins.
Ethereum, on the other hand, was launched in 2015 by Vitalik Buterin. It was created as a decentralized platform for building decentralized applications (DApps) and smart contracts. Ethereum has a current circulating supply of around 116 million coins, with no maximum supply limit.
Technology
Dogecoin is a proof-of-work (PoW) cryptocurrency that uses the Scrypt mining algorithm. It has a block time of 1 minute and the mining difficulty adjusts after every block. Dogecoin's main technological feature is its fast transaction times and low fees. However, it doesn't have any other advanced features like smart contracts.
Ethereum, on the other hand, is a proof-of-stake (PoS) cryptocurrency that uses the Ethash mining algorithm. It has a block time of around 15 seconds and uses the gas system to determine transaction fees. Ethereum's main technological feature is its ability to support smart contracts and DApps, making it a popular platform for developers.
Adoption and Use Cases
Dogecoin has gained significant adoption over the years and is used as a tipping mechanism on social media platforms like Twitter and Reddit. It is also accepted by some online merchants and has been used to raise funds for various charitable causes.
Ethereum, on the other hand, has been adopted by many blockchain projects and has become the go-to platform for creating decentralized applications and smart contracts. It is also used for crowdfunding through Initial Coin Offerings (ICOs) and has been integrated into various industries like supply chain management, real estate, and gaming.
Market Performance
Dogecoin has had a volatile market performance, with its price fluctuating heavily over the years. However, it has had some notable price surges, particularly in early 2021 when its price surged by over 600% in just a few weeks. As of September 2021, DOGE is trading at around $0.24, with a market capitalization of over $31 billion.
Ethereum has had a more stable market performance compared to Dogecoin. Its price has increased steadily over the years, with some notable price surges during the ICO boom in 2017 and the DeFi boom in 2020. As of September 2021, ETH is trading at around $3,300, with a market capitalization of over $385 billion.
Community
Dogecoin has a large and enthusiastic community of supporters, who have helped to promote the cryptocurrency through various means, including memes, social media campaigns, and fundraising initiatives. The Dogecoin community is known for its lighthearted and humorous approach to cryptocurrency.
Ethereum also has a large and active community of developers and supporters who are passionate about the technology and its potential applications. The Ethereum community is known for being more serious and technical compared to the Dogecoin community.
User rating
Cryptogeek rating
About
|
Dogecoin (DOGE) was founded in the US in 2013 as a joke but quickly gained a large following. It became a popular cryptocurrency (DOGE) used for tipping the content creators (mainly on Reddit and Telegram). As the creators had no serious plans for their currency they didn't elaborate a roadmap and were not working on the improvement of their project too much. The founder of Dogecoin Jackson Palmer left the project in 2015.
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Ethereum is an innovation network providing its own blockchain with its cryptocurrency (Ether or ETH). This blockchain hosts decentralized applications (DApps) that were first introduced by Ethereum. Another innovation of this platform is the implementation of smart contracts which has changed the perception of the possible use of the blockchain, revealing the potential of the technology to its fullest.
|
Type
Founding Date
Country
Languages
Team
Protocol
|
No data
|
Public blockchain
|
Current price (USD)
All-time high (USD)
Price change (24h)
Volume (24h)
|
444249538.68158
|
3774976864.41850
|
Hashrate
Max Supply
Total supply
Circulating Supply
|
99999999999.99999
|
120435395.54259
|
Transaction speed / Block time
Transaction fee
Mining profitability
Algorithm
Proof type
Fully premined
Smart contract address
Total coins mined
|
125408835593.31000
|
111766505.06150
|
Is trading
Block reward
|
0.000000000000
|
2.000000000000
|
Block time
| Company |
|
|
| User rating |
User rating
4.7 / 5
7 user review
|
User rating
5 / 5
3 user review
|
| Cryptogeek rating |
Cryptogeek rating
3.8 / 5
|
Cryptogeek rating
4.6 / 5
|
| Trust Score
How it works
|
Trust Score
4.13 / 5
|
Trust Score
4.82 / 5
|
| About |
Dogecoin (DOGE) was founded in the US in 2013 as a joke but quickly gained a large following. It became a popular cryptocurrency (DOGE) used for tipping the content creators (mainly on Reddit and Telegram). As the creators had no serious plans for their currency they didn't elaborate a roadmap and were not working on the improvement of their project too much. The founder of Dogecoin Jackson Palmer left the project in 2015.
|
Ethereum is an innovation network providing its own blockchain with its cryptocurrency (Ether or ETH). This blockchain hosts decentralized applications (DApps) that were first introduced by Ethereum. Another innovation of this platform is the implementation of smart contracts which has changed the perception of the possible use of the blockchain, revealing the potential of the technology to its fullest.
|
| Type |
Type
coin
|
Type
coin
|
| Founding Date |
Founding Date
2013
|
Founding Date
2015
|
| Country |
Country
International
|
Country
Canada
|
| Languages |
Languages
No data
|
Languages
No data
|
| Team |
Team
Public
|
Team
Public
|
| Protocol |
Protocol
No data
|
Protocol
Public blockchain
|
| Current price (USD) |
Current price (USD)
0.3825
|
Current price (USD)
3310.5313
|
| All-time high (USD) |
All-time high (USD)
0.0188
|
All-time high (USD)
1432.8800
|
| Price change (24h) |
Price change (24h)
-6.13
|
Price change (24h)
-4.02
|
| Volume (24h) |
Volume (24h)
444249538.68158
|
Volume (24h)
3774976864.41850
|
| Hashrate |
Hashrate
180000
|
Hashrate
190120
|
| Max Supply |
Max Supply
No data
|
Max Supply
No data
|
| Total supply |
Total supply
No data
|
Total supply
No data
|
| Circulating Supply |
Circulating Supply
99999999999.99999
|
Circulating Supply
120435395.54259
|
| Transaction speed / Block time |
Transaction speed / Block time
33
|
Transaction speed / Block time
15
|
| Transaction fee |
Transaction fee
No data
|
Transaction fee
No data
|
| Mining profitability |
Mining profitability
low
|
Mining profitability
high
|
| Algorithm |
Algorithm
Scrypt
|
Algorithm
Ethash
|
| Proof type |
Proof type
PoW
|
Proof type
PoW
|
| Fully premined |
Fully premined
No data
|
Fully premined
No data
|
| Smart contract address |
Smart contract address
No data
|
Smart contract address
No data
|
| Total coins mined |
Total coins mined
125408835593.31000
|
Total coins mined
111766505.06150
|
| Is trading |
Is trading
yes
|
Is trading
yes
|
| Block reward |
Block reward
0.000000000000
|
Block reward
2.000000000000
|
| Block time |
Block time
No data
|
Block time
15
|
Social
Website
Twitter
Advantages
|
Strong and friendly community
Popularity
Integration to numerous platforms
|
Well-known Founder
An expanding developer community
More than a cryptocurrency
Continues to attract more businesses
|
Disadvantages
|
The tech side is quite weak
|
Struggles with scaling
Uses a complicated programming language
High transaction fees
|
Rating
| User rating |
User rating
4.7 / 5
7 user review
|
User rating
5 / 5
3 user review
|
| Cryptogeek rating |
Cryptogeek rating
3.8 / 5
|
Cryptogeek rating
4.6 / 5
|
| Advantages |
Advantages
Strong and friendly community
Popularity
Integration to numerous platforms
|
Advantages
Well-known Founder
An expanding developer community
More than a cryptocurrency
Continues to attract more businesses
|
| Disadvantages |
Disadvantages
The tech side is quite weak
|
Disadvantages
Struggles with scaling
Uses a complicated programming language
High transaction fees
|
Dogecoin (DOGE) user rating is 4.7, based on 7 user reviews. Ethereum (ETH) user rating is 5, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
Choose other companies
Dogecoin (DOGE) and Ethereum (ETH) are two popular cryptocurrencies that have been in the market for quite some time. Both cryptocurrencies have different features and target different audiences. In this review, we will compare DOGE and ETH based on various factors and determine which cryptocurrency stands out.
Background and Overview
Dogecoin was created in December 2013 by Jackson Palmer and Billy Markus as a joke cryptocurrency based on the popular "Doge" internet meme. However, it quickly gained traction among cryptocurrency enthusiasts and became a popular cryptocurrency in its own right. It has a circulating supply of 128 billion coins and a maximum supply of 210 billion coins.
Ethereum, on the other hand, was launched in 2015 by Vitalik Buterin. It was created as a decentralized platform for building decentralized applications (DApps) and smart contracts. Ethereum has a current circulating supply of around 116 million coins, with no maximum supply limit.
Technology
Dogecoin is a proof-of-work (PoW) cryptocurrency that uses the Scrypt mining algorithm. It has a block time of 1 minute and the mining difficulty adjusts after every block. Dogecoin's main technological feature is its fast transaction times and low fees. However, it doesn't have any other advanced features like smart contracts.
Ethereum, on the other hand, is a proof-of-stake (PoS) cryptocurrency that uses the Ethash mining algorithm. It has a block time of around 15 seconds and uses the gas system to determine transaction fees. Ethereum's main technological feature is its ability to support smart contracts and DApps, making it a popular platform for developers.
Adoption and Use Cases
Dogecoin has gained significant adoption over the years and is used as a tipping mechanism on social media platforms like Twitter and Reddit. It is also accepted by some online merchants and has been used to raise funds for various charitable causes.
Ethereum, on the other hand, has been adopted by many blockchain projects and has become the go-to platform for creating decentralized applications and smart contracts. It is also used for crowdfunding through Initial Coin Offerings (ICOs) and has been integrated into various industries like supply chain management, real estate, and gaming.
Market Performance
Dogecoin has had a volatile market performance, with its price fluctuating heavily over the years. However, it has had some notable price surges, particularly in early 2021 when its price surged by over 600% in just a few weeks. As of September 2021, DOGE is trading at around $0.24, with a market capitalization of over $31 billion.
Ethereum has had a more stable market performance compared to Dogecoin. Its price has increased steadily over the years, with some notable price surges during the ICO boom in 2017 and the DeFi boom in 2020. As of September 2021, ETH is trading at around $3,300, with a market capitalization of over $385 billion.
Community
Dogecoin has a large and enthusiastic community of supporters, who have helped to promote the cryptocurrency through various means, including memes, social media campaigns, and fundraising initiatives. The Dogecoin community is known for its lighthearted and humorous approach to cryptocurrency.
Ethereum also has a large and active community of developers and supporters who are passionate about the technology and its potential applications. The Ethereum community is known for being more serious and technical compared to the Dogecoin community.
