Dogecoin handles large transactions better than Bitcoin, says Elon Musk

By Mridul Srivastava

Musk claims that time it takes to complete a Dogecoin transaction is less than 60 seconds, compared with around 10 minutes for bitcoin transactions this makes meme coin a superior form of payment.

Compared with Bitcoin, which is limited to 21 million coins, Dogecoin’s inflationary component allows 5 billion coins to be minted annually