Dogecoin and Shiba Inu – you could be forgiven if you got these dog-themed cryptocurrencies confused. They both cost just a fraction of a dollar and heck, they even sport the same dog mascot, the Japanese breed Shiba Inu. But besides the price and the pooch, what else do two of the top digital currencies have in common?
Here are some of the biggest similarities and differences between Dogecoin and Shiba Inu.
What cryptocurrencies have in common
Cryptocurrencies are built using a digital database called blockchain. Blockchain technology is like a chronological database of every transfer of currency from one person to another. Typically, a huge network of computers produces, tracks and manages the digital currency. So, think of a blockchain like a running receipt that allows the computers to verify every transaction ever made on it.
