DOGE Isn’t a Usable Currency – Here’s Why!
Sending 1 $DOGE might feel fun, but let’s face the reality – it’s unusable as a currency right now. Imagine trying to buy coffee and waiting 40 minutes to confirm the transaction! That’s because #Dogecoin inherits the same performance issues as Bitcoin.
#Bitcoin : Takes about 10 minutes to add new transactions to the blockchain.Dogecoin: Has a slightly faster 1-minute block time, but this doesn’t make it much faster due to delays in confirmation and network congestion.
With a maximum capacity of 30 transactions per second (tps) and currently operating at 0.8 tps, the Dogecoin network is barely in use. Right now, DOGE is more of a collectible or store of value.
To truly make DOGE a functional currency, a Layer 2 solution or integrating it with a faster network like Solana could be the key. Until then, let’s stop pretending it’s ready to handle everyday payments. Facts > Feelings.
