Ethereum transaction speeds?

[anjohyx]

go to etherscan check total pending tx and ethgastation check minimum check price before doing ethereum transaction, you also can increase Gwei to speed up transaction speed , i think it's better than bitcoin

[bundo]

I guess that happens if the network traffic is very dense, it will be a little slow. Ethereum has a function like a virtual machine that can run a peer-to-peer smart contract with Ether (ETH) cryptography.

[Pain Packer]

Based on my experience on using ETH, I would say that the transaction speed is super FAST! Even last December, the transaction speed is faster! When the transaction said that it is done and when I checked my wallet, it is already there! Unlike bitcoin where transaction said that it is done but the money took almost 3 hours for the complete transfer.

[Dart18]

1-5 minutes.
The longer transaction that I experienced was 5.
Just yesterday I have tried to use it again just for transferring a token. Input gas price at 1 because I am not in haste. Unexpectedly it was a success for 3 minutes with my balance almost not moving.
Ethereum will be not be congested much if this continues.
If you want a faster one then go for a recommended gas price.

[novaprime]

I guess that happens if the network traffic is very dense, it will be a little slow. Ethereum has a function like a virtual machine that can run a peer-to-peer smart contract with Ether (ETH) cryptography.

yes it is correct The system of Ethereum is very good and they handle the deal very quickly. In addition, the fee that the trader pays is very cheap. That has created a brand for ethereum. That is why ETH is on the top 2 of the crypto market. I think after a short time, ETH will lead in the crypto market.

[ejswift]

I just did a transaction few hours ago, and suprisingly it went in really fast, I think at this moment the network is not congested. There is a great probability that because of the drop most people lost their interests using eth. And this would free out eth of its traffic. So its nice to use it now, plus prices are going back to its normal states.

omg really? I wish i can transact now but i cant because for now i dont have any etherium in my wallet so i just need to wsit for the campaign so that i cn get etherium

[KuromaYoichi]

Well good for you the network is really fast right now and have been for some times, the congestion problem was on november and it is no longer a problem as the speed and cost are really great right now. For the ico, i haven't read into new projects nowadays so i can't recommend you a good one.

[SHAWN-MIDWAYS]

Haven't done an Eth transfer in awhile, keep reading about congestion and slow speeds.
I'm looking at buying an ICO which is close to it's cap, how long are Eth transactions taking these days?

Over a day and I've probably missed out.

Cheers!

I haven’t experienced any of these congestion’s like it was with the crypto kitties congestion and as far as I know confirmation times have very much improved and as acceptable speeds and is far much better than what we get from bitcoin.

[paxmao]

Haven't done an Eth transfer in awhile, keep reading about congestion and slow speeds.
I'm looking at buying an ICO which is close to it's cap, how long are Eth transactions taking these days?

Over a day and I've probably missed out.

Cheers!

The classic resource to use to know how is the Ethereum network at a certain moment is https://ethgasstation.info/

On the right you will see this:

Speed   Gas Price
(gwei)
SafeLow (<30m)   1
Standard (<5m)   1
Fast (<2m)   8


 Those are the gas prices (in wei) that you should set on your transfer and the likely results in time confirmation that you´ll get. Depending on the ICO, there may be "gas wars" or just normal transactions. If the ICO is oversubscribed, it may sell in under a minute, so you may need to set a high gas price, sometimes too much to make sense.

[cryptogeek101]

Recently Ethereum(ETH) transactions are very fast in speed when compared to the past ETH transactions speed and the amount of ether gas charged for each transfer is also very minimal. I am personally very much elated about this latest technological development because it's going help boost the cryptocurrency Blockchain technology business and the entire global financial system. One of the advantages of this great innovative technology is the reduction of cost of money transfer.

[nitin8263]

Ethereum speed is too fast because Ethereum is one of the top in crypto market and its a better than the bitcoin and the speed of bitcoin is not good as compared to bitcoin.

[sycaburatan]

Haven't done an Eth transfer in awhile, keep reading about congestion and slow speeds.
I'm looking at buying an ICO which is close to it's cap, how long are Eth transactions taking these days?

Over a day and I've probably missed out.

Cheers!

Your ethereum transaction speed will depends on how much gas you are willing to spent to your transaction the more gas the faster the transaction will be,i have been using ethereum as my main cryptocurrencies and i know how it feels when your transaction is taking forever,this is the main problem of ethereum network the congestion because almost 40% of the total cryptocurrency transaction is iin the ethereum network.

[cryptotycoon33]

Ethereum transfers transactions these day are very fast because I think there are improvements on the Ethereum Blockchain. The speed is hundred percent (100%) faster than Bitcoin transactions. I love it!

[joselitobayagbag]

It is depends on the gas you are planning to spent in your transaction,gas is acting as the fee to ethereum and neo network so it only means that if more has been spent in every transaction you made the faster the transaction will be confirmed by the network.There is required amount of gas today in ethereum and neo and it is depends on the network congestion.

[VanKleiss]

Transaction in Ethereum is fast, it only takes a few seconds in my last transaction and didn't even wait for 1 minutes. I think the most delayed transaction would be 5-20 minutes long.

[Kuchiyosenojutsu]

sometimes the slow transaction for the transfer makes us upset. this is based on what gas limit we use, it will affect our transaction speed. but in my opinion not only gas limits that affect the speed of transactions. I think it depends on eth server, whetheris good or not and should you pay more attention to the situation whether the server is good or not.

[cryptonero]

Haven't done an Eth transfer in awhile, keep reading about congestion and slow speeds.
I'm looking at buying an ICO which is close to it's cap, how long are Eth transactions taking these days?

Over a day and I've probably missed out.

Cheers!

Ethereum transaction speeds will depends on how much has you want to use for your transaction so it only means the more gas you use the faster the transaction will be confirmed in the blocks of the ethereum network.Normally it the gas fee would be depends on the network congestion if there are less people trnsacting today,the gas fee would be smaller but if most of the people are using the network the has fee would be higher.

[xsaints128]

Right now the network is not so much congested so you can easily transfer your ethereum. The network used to be congested during Cryptokitties ICO but since it's over now, the number of pending txns have gone down quite a bit making eth fast again. The txn speed also depends upon the GAS you set so set it up high if you want to invest in an ICO.

[bundo]

I guess that happens if the network traffic is very dense, it will be a little slow. Ethereum has a function like a virtual machine that can run a peer-to-peer smart contract with Ether (ETH) cryptography.

yes it is correct The system of Ethereum is very good and they handle the deal very quickly. In addition, the fee that the trader pays is very cheap. That has created a brand for ethereum. That is why ETH is on the top 2 of the crypto market. I think after a short time, ETH will lead in the crypto market.

The emergence of new platforms such as EOS, WAVES, or OMNI can also be the ethereum prospect factor in the future. Later we will see various new platforms will emerge that have advantages and disadvantages of each.

[bundo]

I just did a transaction few hours ago, and suprisingly it went in really fast, I think at this moment the network is not congested. There is a great probability that because of the drop most people lost their interests using eth. And this would free out eth of its traffic. So its nice to use it now, plus prices are going back to its normal states.

omg really? I wish i can transact now but i cant because for now i dont have any etherium in my wallet so i just need to wsit for the campaign so that i cn get etherium

Calm down so far no serious problems, Ethereum has the flexibility far beyond bitcoin and Bitcoin has safety features and reliability over ethereum. Ethereum is mentioned by experts as the best coin in their field. Antonopulos equates bitcoin as a lion and ethereum as a shark.