{"id":20467,"date":"2022-11-14T10:18:33","date_gmt":"2022-11-14T10:18:33","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=20467"},"modified":"2022-11-14T10:18:34","modified_gmt":"2022-11-14T10:18:34","slug":"dogecoin-vs-bitcoin","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/dogecoin-vs-bitcoin","title":{"rendered":"Dogecoin VS Bitcoin: Difference Between Both"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/in\/blog\/dogecoin-vs-bitcoin\/#What_Is_Bitcoin\" title=\"What Is Bitcoin?\">What Is Bitcoin?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/in\/blog\/dogecoin-vs-bitcoin\/#What_Is_the_Dogecoin\" title=\"What Is the Dogecoin?\">What Is the Dogecoin?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/zebpay.com\/in\/blog\/dogecoin-vs-bitcoin\/#Bitcoin_VS_Dogecoin_Comparison\" title=\"Bitcoin VS Dogecoin: Comparison\">Bitcoin VS Dogecoin: Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/zebpay.com\/in\/blog\/dogecoin-vs-bitcoin\/#BTC_VS_Doge_Advantages_and_Disadvantages\" title=\"BTC VS Doge: Advantages and Disadvantages&nbsp;\">BTC VS Doge: Advantages and Disadvantages&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/zebpay.com\/in\/blog\/dogecoin-vs-bitcoin\/#Advantages_of_Bitcoin\" title=\"Advantages of Bitcoin\">Advantages of Bitcoin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/zebpay.com\/in\/blog\/dogecoin-vs-bitcoin\/#Advantages_of_Dogecoin\" title=\"Advantages of Dogecoin\">Advantages of Dogecoin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/zebpay.com\/in\/blog\/dogecoin-vs-bitcoin\/#Disadvantages_of_Bitcoin\" title=\"Disadvantages of Bitcoin\">Disadvantages of Bitcoin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/zebpay.com\/in\/blog\/dogecoin-vs-bitcoin\/#Disadvantages_of_Dogecoin\" title=\"Disadvantages of Dogecoin\">Disadvantages of Dogecoin<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/zebpay.com\/in\/blog\/dogecoin-vs-bitcoin\/#Final_Thoughts\" title=\"Final Thoughts\">Final Thoughts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/zebpay.com\/in\/blog\/dogecoin-vs-bitcoin\/#FAQ\" title=\"FAQ\">FAQ<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/zebpay.com\/in\/blog\/dogecoin-vs-bitcoin\/#What_is_Better_Dogecoin_vs_Bitcoin\" title=\"What is Better Dogecoin vs Bitcoin?\">What is Better Dogecoin vs Bitcoin?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/zebpay.com\/in\/blog\/dogecoin-vs-bitcoin\/#Is_Bitcoin_More_Secure_Than_Dogecoin\" title=\"Is Bitcoin More Secure Than Dogecoin?\">Is Bitcoin More Secure Than Dogecoin?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/zebpay.com\/in\/blog\/dogecoin-vs-bitcoin\/#Is_Dogecoin_Going_To_Be_The_Next_Bitcoin\" title=\"Is Dogecoin Going To Be The Next Bitcoin?\">Is Dogecoin Going To Be The Next Bitcoin?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n<p>The crypto industry has made waves in the market over the last few years. While Bitcoin &#8211; the first crypto token &#8211; has continued to rise in popularity, so have other notable coins. But one coin which has had a tremendous cultural impact even outside the crypto world is Dogecoin. From internet communities to celebrities like Elon Musk, everyone is talking about it. So what are these two tokens and which one should you choose?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Is_Bitcoin\"><\/span>What Is Bitcoin?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Launched in 2009, Bitcoin is the first crypto token ever created. It was made by Satoshi Nakamoto, an unknown person or group who intended for it to be used as digital money. It operates on a peer-to-peer, decentralised network with all transactions being recorded in a publicly-available ledger known as a <a href=\"https:\/\/zebpay.com\/in\/blog\/blockchain-vs-cryptocurrency\" target=\"_blank\" rel=\"noreferrer noopener\">blockchain<\/a>.\u00a0<\/p>\n\n\n\n<p>The technology promises lower transaction fees than traditional payment methods, along with security, privacy and decentralisation of the entire payment network. Since Bitcoin is open-source, it also enabled other tokens to build using its foundation.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Is_the_Dogecoin\"><\/span>What Is the Dogecoin?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Dogecoin is a \u201cmemecoin\u201d. This means it was made as a joke by its founders who wished to poke fun at the abundance of crypto tokens in the market like Bitcoin. The <a href=\"https:\/\/zebpay.com\/in\/blog\/top-meme-coins-to-invest-in-2022\" target=\"_blank\" rel=\"noreferrer noopener\">popular meme token<\/a> was created by Billy Markus and Jackson Palmer in just a few hours through a Litecoin fork in 2013.\u00a0<\/p>\n\n\n\n<p>While the coin can be used for transactions, it is not an effective store of value. This is because the founders never intended for it to be a realistic alternative to projects already in the market. Rather, it served to bring more user interest to crypto tokens as it incorporated a popular meme into the token.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Bitcoin_VS_Dogecoin_Comparison\"><\/span>Bitcoin VS Dogecoin: Comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" width=\"1024\" height=\"384\" src=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2022\/11\/Dogecoin-VS-Bitcoin-Comparison-1024x384.jpg\" alt=\"Bitcoin VS Dogecoin: Comparison\" class=\"wp-image-20465\" srcset=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2022\/11\/Dogecoin-VS-Bitcoin-Comparison-1024x384.jpg 1024w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2022\/11\/Dogecoin-VS-Bitcoin-Comparison-300x113.jpg 300w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2022\/11\/Dogecoin-VS-Bitcoin-Comparison-768x288.jpg 768w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2022\/11\/Dogecoin-VS-Bitcoin-Comparison-150x56.jpg 150w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2022\/11\/Dogecoin-VS-Bitcoin-Comparison.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Feature<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Bitcoin<\/strong>&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>Dogecoin<\/strong><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Year of Launch<\/td><td class=\"has-text-align-center\" data-align=\"center\">2009<\/td><td class=\"has-text-align-center\" data-align=\"center\">2013<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Purpose<\/td><td class=\"has-text-align-center\" data-align=\"center\">To reduce reliance on banks and financial institutions for transactions. Bitcoin can be used as digital money<\/td><td class=\"has-text-align-center\" data-align=\"center\">Created as a joke to incorporate a popular meme into the crypto world.&nbsp;<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Maximum Supply<\/td><td class=\"has-text-align-center\" data-align=\"center\">21 million BTC<\/td><td class=\"has-text-align-center\" data-align=\"center\">Uncapped supply<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Transaction Speed<\/td><td class=\"has-text-align-center\" data-align=\"center\">7 transactions per second<\/td><td class=\"has-text-align-center\" data-align=\"center\">30 transactions per second<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Block Confirmation<\/td><td class=\"has-text-align-center\" data-align=\"center\">10 minutes<\/td><td class=\"has-text-align-center\" data-align=\"center\">1 minute<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Market Capitalisation<\/td><td class=\"has-text-align-center\" data-align=\"center\">$360.36 Billion<\/td><td class=\"has-text-align-center\" data-align=\"center\">$7.95 Billion<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"BTC_VS_Doge_Advantages_and_Disadvantages\"><\/span>BTC VS Doge: Advantages and Disadvantages&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Advantages_of_Bitcoin\"><\/span><strong>Advantages of Bitcoin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul>\n<li><strong>Most Popular Token &#8211; <\/strong>Bitcoin is the oldest coin in the crypto market. However, it has still managed to maintain its popularity. It has proved itself in the market and many users and businesses are familiar with the coin.<\/li>\n\n\n\n<li><strong>Anonymity &#8211; <\/strong>Your personal information is not at risk on the Bitcoin blockchain. Since it only requires your public and private keys, transactions can be completed even without providing your name.&nbsp;<\/li>\n\n\n\n<li><strong>Decentralisation &#8211;<\/strong> Bitcoin is a completely <a href=\"https:\/\/zebpay.com\/in\/blog\/the-decentralized-ecosystem\" target=\"_blank\" rel=\"noreferrer noopener\">decentralised system<\/a> of payments. No central authority can impact transactions or accounts on the platform. This means the network is entirely user-driven.\u00a0<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Advantages_of_Dogecoin\"><\/span><strong>Advantages of Dogecoin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul>\n<li><strong>Faster and Cheaper &#8211; <\/strong>Dogecoin can process more transactions per second than Bitcoin. It also has an average transaction fee of only $0.45.<\/li>\n\n\n\n<li><strong>Unique Appeal <\/strong>&#8211; Dogecoin has managed to garner a dedicated user base with its unique appeal as a memecoin.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Disadvantages_of_Bitcoin\"><\/span><strong>Disadvantages of Bitcoin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul>\n<li><strong>Inefficient &#8211;<\/strong> Bitcoin requires a lot of energy and specialised hardware to mine. It also takes 10 minutes for each block to be confirmed. This makes scalability and sustainability harder to achieve.<strong>&nbsp;<\/strong><\/li>\n\n\n\n<li><strong>Lack of Applications &#8211; <\/strong>Bitcoin is a gen 1 blockchain. It does not have any widespread smart contract functionality that can extend its use cases beyond simple payments.&nbsp;<\/li>\n\n\n\n<li><strong>Expensive to Mine &#8211; <\/strong>As mentioned above, mining bitcoin requires a lot of energy and hardware. This hardware can cost tens of thousands of dollars and may not even be profitable to mine.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Disadvantages_of_Dogecoin\"><\/span><strong>Disadvantages of Dogecoin<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul>\n<li><strong>No Real Applications &#8211; <\/strong>Since Dogecoin was created as a joke, it was not made to substitute a regular <a href=\"https:\/\/zebpay.com\/in\/blog\/tokens-vs-coins\" target=\"_blank\" rel=\"noreferrer noopener\">crypto token<\/a>. This means there are better coins you can use for payments or storage than Doge.\u00a0<\/li>\n\n\n\n<li><strong>Volatility &#8211; <\/strong>The coin\u2019s nature makes it highly volatile. Additionally, its user base might fade away with time as people lose interest in the meme.&nbsp;<\/li>\n\n\n\n<li><strong>No Supply Cap &#8211; <\/strong>The Dogecoin network may experience extremely high inflation due to there being no cap on the total number of coins.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Final_Thoughts\"><\/span>Final Thoughts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The difference between dogecoin and Bitcoin is stark. One is a successful crypto token which provides highly secure and decentralised transactions to users around the world, while the other is an internet joke created as a parody of Bitcoin. However, Dogecoin has grown a lot since its release all thanks to its dedicated community.&nbsp;<\/p>\n\n\n\n<p>Unfortunately, this does not reduce the disadvantages of Dogecoin. Bitcoin is certainly the better investment in the long run.&nbsp;<\/p>\n\n\n\n<p>You can now <a href=\"https:\/\/zebpay.com\/exchange\/BTC-INR\" target=\"_blank\" rel=\"noreferrer noopener\">buy Bitcoin<\/a> and <a href=\"https:\/\/zebpay.com\/in\/markets\/doge\" target=\"_blank\" rel=\"noreferrer noopener\">Dogecoin<\/a> on <a href=\"https:\/\/zebpay.com\/in\" target=\"_blank\" rel=\"noreferrer noopener\">ZebPay<\/a> India.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQ\"><\/span>FAQ<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1668420878329\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What_is_Better_Dogecoin_vs_Bitcoin\"><\/span>What is Better Dogecoin vs Bitcoin?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>While Dogecoin can provide faster and cheaper transactions than Bitcoin, Bitcoin is still the better option due to its supply cap and robust network security.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1668420944533\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Is_Bitcoin_More_Secure_Than_Dogecoin\"><\/span>Is Bitcoin More Secure Than Dogecoin?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, Bitcoin employs SHA-256 hashing, which is more secure than Dogecoin\u2019s security systems. It also requires specialised hardware for mining, which acts as a deterrent against malicious actors in the mining process.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1668420946113\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"Is_Dogecoin_Going_To_Be_The_Next_Bitcoin\"><\/span>Is Dogecoin Going To Be The Next Bitcoin?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>It is unlikely that Dogecoin will become the next Bitcoin as the network\u2019s rules are not financially sound. Since there is no limit to the total supply of tokens, Dogecoin tokens will continue to lose value over time. Further, Bitcoin provides a more secure blockchain.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The crypto industry has made waves in the market over the last few years. While Bitcoin &#8211; the first crypto token &#8211; has continued to rise in popularity, so have other notable coins. But one coin which has had a tremendous cultural impact even outside the crypto world is Dogecoin. From internet communities to celebrities [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":20466,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14],"tags":[16],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/20467"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=20467"}],"version-history":[{"count":0,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/20467\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/20466"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=20467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=20467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=20467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}