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Author Topic: Which cryptocurrency is the fastest?  (Read 15765 times)
Abiky (OP)
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March 17, 2017, 11:01:41 PM
 #1

As Bitcoin becomes slower each day in transaction confirmation time, other alternatives could prove to become useful for everyday transactions. Cryptocurrencies like Litecoin, Dogecoin, and even Ethereum have faster transaction confirmation time allowing you to send and receive coins at a hassle-free way.

Thus, among the wide variety of altcoins, many have block times which are near instantaneous. Based on these facts, which cryptocurrencies do you consider the fastest?

I would appreciate if you would list it or them here.  Smiley

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March 17, 2017, 11:09:47 PM
 #2

As Bitcoin becomes slower each day in transaction confirmation time, other alternatives could prove to become useful for everyday transactions. Cryptocurrencies like Litecoin, Dogecoin, and even Ethereum have faster transaction confirmation time allowing you to send and receive coins at a hassle-free way.

Thus, among the wide variety of altcoins, many have block times which are near instantaneous. Based on these facts, which cryptocurrencies do you consider the fastest?

I would appreciate if you would list it or them here.  Smiley

Dash has InstantSend, which is about 2 seconds and gives you 4 confirmations on a transaction.
It also has that transaction locked to prevent double-spending.

Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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March 17, 2017, 11:28:13 PM
 #3

about cryptocurency is fastes transaction and confirmation
i think is the best dogecoin , and dogecoin is very low fee sending too, so is enjoy use dogecoin
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March 18, 2017, 12:14:57 AM
 #4

Dash has InstantSend, which is about 2 seconds and gives you 4 confirmations on a transaction.
It also has that transaction locked to prevent double-spending.

Yes. It is one of my favorite cryptocurrencies because of this feature. I'm not sure if there would exist a much faster cryptocurrency, but so far it seems like Dash has the lead. It also has a block size limit of 2MB in contrast to Bitcoin, with its never ending block size debate.  Roll Eyes

about cryptocurency is fastes transaction and confirmation
i think is the best dogecoin , and dogecoin is very low fee sending too, so is enjoy use dogecoin

I think so too. Especially for micropayments, as it makes it an ideal cryptocurrency to tip others. Due to its inexpensive nature, it is very easy to obtain, allowing anyone to get into it and learn more about cryptocurrencies.  Smiley

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March 18, 2017, 12:29:01 AM
 #5

Heat is the fastest coin I have.

Is Digibyte fast?
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March 18, 2017, 01:39:44 AM
 #6

FastCoin is quickly becoming the biggest internet sensation since Bitcoin.  Merchants are quickly realizing the benefits of Crypto Currencies and FastCoin is one of the special Crypto coin’s which makes this technology practical to use in everyday commerce.  FastCoin is currently THE FASTEST Complete Transacting Crypto currency in the world, without sacrificing security!  Our engineers were able to develop a 12 sec per block transacting coin which is ideally suited for today’s time sensitive needs.  As the general public slowly realizes the benefits of Bitcoin, early adopters of Crypto currencies will quickly understand the value in the role that time plays, specifically when conducting everyday transactions.
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March 18, 2017, 03:34:36 AM
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FastCoin is quickly becoming the biggest internet sensation since Bitcoin. 
Really? With a $16k marketcap?
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March 18, 2017, 04:11:58 AM
 #8

FastCoin is quickly becoming the biggest internet sensation since Bitcoin.  Merchants are quickly realizing the benefits of Crypto Currencies and FastCoin is one of the special Crypto coin’s which makes this technology practical to use in everyday commerce.  FastCoin is currently THE FASTEST Complete Transacting Crypto currency in the world, without sacrificing security!  Our engineers were able to develop a 12 sec per block transacting coin which is ideally suited for today’s time sensitive needs.  As the general public slowly realizes the benefits of Bitcoin, early adopters of Crypto currencies will quickly understand the value in the role that time plays, specifically when conducting everyday transactions.

12 seconds per block is the fastest? I thought there was something quicker.  I'm not sure why 12 seconds would offer a big advantage when it's barely faster than ethereum.
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March 18, 2017, 05:02:11 AM
 #9

I don't think you can jump to conclusion that this one is the fastest, most of these tokens are used on exchanges and no real world use. If they start to have the real world use like Bitcoin, I will say they are the fastest.
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March 18, 2017, 05:51:34 AM
 #10

Any credibility to this?

https://steemit.com/bitshares/@oaldamster/bitshares-is-superior-to-any-other-crypto-and-therefore-so-is-steem
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March 18, 2017, 06:25:52 AM
 #11

its hard to say one coin is the fastest but i think for the answer is only bitcoin that got this because we can see bitcoin price is really up and down to often. for the altcoin, since there is many altcoin list, then we need to see how good the altcoin movement in the market and how big the volume of the altcoin but still its hard to say and choose one coins.

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March 18, 2017, 11:24:11 AM
 #12

Digital currencies which are not demanded much, could be faster.
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March 18, 2017, 11:55:43 AM
 #13

CLOAK is among the fastest with 1min blocktime almost instant sends and private feature (ENIGMA)!
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March 18, 2017, 02:10:52 PM
 #14

STEEM has a 2 second block time.

Each blog post, comment and vote is also a transaction on the blockchain so it is already processing major tx volumes.

STEEM also has zero transaction fees too btw.
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March 18, 2017, 05:33:27 PM
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I don´t know if it is the fastest but creditbit is very fast cryptocurrency https://cointelegraph.com/news/10-times-faster-than-bitcoin-creditbit-starts-migration-to-ether-token
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March 18, 2017, 06:04:21 PM
 #16

MINT is 30 second block time, transactions are fully confirmed and re-spendable again after 2 minutes.

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March 21, 2017, 01:08:18 AM
 #17

@everyone Thanks for sharing these altcoins with fast block speeds. They would become very useful if adopted by major merchants and businesses worldwide. I've read that BitShares is capable of handling up to 100,000 TPS which makes it very ideal to handle large transaction volume. Also, it has a block time of 1 second which makes it confirm almost instantly.

You can check out BTS performance info: https://bitshares.org/technology/industrial-performance-and-scalability/


MINT is 30 second block time, transactions are fully confirmed and re-spendable again after 2 minutes.

Great! I've heard a lot about MINT, and it has been one of the Proof of Stake currencies that has grabbed my attention. I used to have some MINT before, but I had to sell them out, as I needed the BTC. Still, I'll be willing to go back into it since it is a truly unique PoS coin, which doesn't require you to leave the wallet open 24/7 to receive stakes.  Grin

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March 21, 2017, 09:17:54 AM
 #18

As Bitcoin becomes slower each day in transaction confirmation time, other alternatives could prove to become useful for everyday transactions. Cryptocurrencies like Litecoin, Dogecoin, and even Ethereum have faster transaction confirmation time allowing you to send and receive coins at a hassle-free way.

Thus, among the wide variety of altcoins, many have block times which are near instantaneous. Based on these facts, which cryptocurrencies do you consider the fastest?

I would appreciate if you would list it or them here.  Smiley

Dash has InstantSend, which is about 2 seconds and gives you 4 confirmations on a transaction.
It also has that transaction locked to prevent double-spending.

Why do you lock a transaction? Does the chain accept two of the same signatures? Stupid design.

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March 21, 2017, 09:32:32 AM
 #19

Bitcoin's Lighting Network will be the fastest.
Maybe Ethereum's Raiden Network aswell.
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March 21, 2017, 12:57:35 PM
 #20

I played with manually decreasing transaction fee in my BTC transaction and it took some of my nerves and 2-3 days to clear. Not the best experience. And the fee was pretty heavy, to my mind.

I am quite satisfied with Eth speed, 14-15 seconds for 1 block and using the standard ...42 Eth it clears pretty and fast enough for me. Don't really see the need for insta or 1-2 seconds transactions, in my case.

It is sort of exciting and scaring of the coming BTC fork stuff, but I guess it is better be done sooner than later. I am for the Core team Grin
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