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Ethereum vs Dogecoin

 

Dogecoin vs. Ethereum. Which one is better? Everyone who follows these two cryptocurrencies might have asked themselves that question at least once. This article will give you an unbiased comparison between the two coins.

 

Ethereum

 

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.

 

Dodgecoin

 

Dogecoin is an older cryptocurrency that has been around since the early days of the blockchain. Currently, it's very similar to Litecoin in its structure but was modeled after Bitcoin.

 

Ethereum vs Dogecoin

 

One main difference between Dogecoin and Ethereum is that while Ethereum currently supports many different "smart" contract types, Dogecoin only allows for simple wallet transfers. This makes it less valuable to do any functionality other than transferring currency across accounts. This is not to say that it couldn't be more valuable in the future, but currently, Ethereum also has this functionality.

 

Another big difference is that Ethereum uses Ether rather than a separate currency within its system, while Dogecoin uses a different currency, the DOGE. This means that individuals only hold DOGE in their wallets, and it is not interconnected with Ether in any way. Ethereum has a Turing complete language capability, whereas Dogecoin does not. 

 

This means that anything can be created within Ethereum using code to automatically make things happen, such as automatic money transfers or contracts. This cannot be done with Dogecoin because of its lack of Turing completeness; meaning only simple wallet transfers are possible.