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Better Buy: Bitcoin vs. Dogecoin

TheMotleyFool

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Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE) have both been in the spotlight lately, and for good reason. In the past year, Bitcoin's price has jumped over 600%, but Dogecoin has surged an incredible 2,400%. In other words, $40,000 invested in Dogecoin one year ago would be worth $1 million today.

But those impressive gains are in the past -- which one is the better buy right now?

Bitcoin and Dogecoin have one big thing in common: They are both based on blockchain technology, an ingenious peer-to-peer record-keeping system designed to be highly transparent and secure, and widely distributed. To understand why that matters, it helps to know how cryptocurrency mining works.

Source Fool.com

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