Hacker News new | ask | show | jobs
by trevelyan 4470 days ago
This is a very misleading comment. Dogecoin only processes about 0.3 percent of what Bitcoin handles daily, and is far behind in total number of daily transactions:

http://bitinfocharts.com/

3 comments

well for one that site's data is off. claims DOGE confirmation time is ~30mins. click through to the chart. shows confirmation times hovering around 1 minute. reward per block shown ~40k. way off. each block currently rewards 250k: visit http://dogechain.info/chain/DogeCoin and subtract subsequent outstanding amounts. 250k difference. those are just the ones i noticed immediately, i'm sure other data is wrong there too.
That link is incorrect. That data is on the wrong fork. Dogecoin is on 1.6, that is on 1.5(Dogecoin had a hard fork yesterday, the site hasn't updated the fork).

If you look at the actual data, Dogecoin is at 101.2% of it's daily volume, and if you go in $USD value, it is slightly over triple Bitcoins daily $USD trading.

Ah, thanks, good point. Sorry, for that part I just went by what the linked article said about Dogecoin. :(
That guys data is wrong. The link he gave you is on the 1.5 fork, while Dogecoin is on the 1.6 fork. If you look at data from the 1.6 fork, Dogecoin is passing 100% of its net value in daily transactions. The article is right, his info is wrong(since the fork was only yesterday. That site has not updated yet).
the site he/she quoted has bad data, at least to some degree. see my reply.