Bitcoin (BTC) vs Dogecoin (DOGE)
Bitcoin is most expensive and popular cryptocurrency. But it's better than Dogecoin?
Today price (October 5th, 2017) of Bitcoin (https://coinmarketcap.com/currencies/bitcoin/) is around $4,311 USD/BTC.
Price of Dogecoin is just $0.001040 USD/DOGE. This is 1.04 USD/1000 DOGE. You may think that bitcoin is better than dogecoin, because bitcoin price is higher.
But...
Transaction fee:
Bitcoin:
Next Block Fee: fee to have your transaction mined on the next block (10 minutes). $1.61
3 Blocks Fee: fee to have your transaction mined within three blocks (30 minutes). $1.61
6 Blocks Fee: fee to have your transaction mined within six blocks (1 hour). $1.51
Dogecoin:
1 DOGE / 1000 bytes
Confirmation time:
Bitcoin:
Next Block Fee: fee to have your transaction mined on the next block (10 minutes). $1.61
3 Blocks Fee: fee to have your transaction mined within three blocks (30 minutes). $1.61
6 Blocks Fee: fee to have your transaction mined within six blocks (1 hour). $1.51
Dogecoin:
I send 100 DOGE + 1 DOGE fee = around 5 minutes
I think that Dogecoin is cheaper and faster, but if Dogecoin price grow, fee will be to high.
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