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Author Topic: ETH vs BTC transaction speed. Who is better and faster?  (Read 1412 times)
shapegray
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July 22, 2018, 12:29:31 PM
 #21

Of course if we compare it with transaction speed, ETH will win about it. But does it prove that ETH is better? Sure better at technology and transation speed but that's not make ETH as best coin. The best coin still still held by BTC.
maianh09
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July 22, 2018, 12:32:36 PM
 #22

Ethereum has a better Blockchain system than Bitcoin, so its transaction speed is faster since the latter based on the Blockchain platform, which overcomes the weaknesses that Bitcoin's Blockchain platform has not yet achieved. The translation of Ethereum is much faster than Bitcoin.
Adamant06
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July 22, 2018, 01:15:01 PM
 #23

Of course if we compare it with transaction speed, ETH will win about it. But does it prove that ETH is better? Sure better at technology but BTC also has his advantage itself beside speed transaction.
I agree to that, both have the advantages and disadvantages. Whether ETH or BTC, both have very different objectives in mind,they are completely different from one another. BTC transactions are manual and Ethereum’s transactions are automatic/programmable.
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July 26, 2018, 07:29:57 PM
 #24

There are so many buzz and noise going around Ethereum lately. It gained some considerable value, which it has not shown in the past months. I think people are beginning to be hopeful that it could again regain its power, because at one point, it was the second most popular and powerful cryptocurrency around, second only to bitcoin. Also, it has proven how reliable it is many times over, which is somewhat a safe bet for people in the cryptocurrency world.
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August 02, 2018, 10:41:03 AM
 #25

I always have different characteristics of transaction speed for both of them so I couldn't be right here I think, do the special analyzing too solve this problem.

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August 02, 2018, 10:47:56 AM
 #26

I think ETH blockchain is faster than BTC because BTC blockchain has relatively smaller number of transaction per second than Ethereum. Almost 90% of altcoins are developed on ETH blockchain using ERC-20 standard and ETH blockchain process not just ETH transactions but also ETH based tokens transactions as well making it more faster than BTC blockchain.

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August 02, 2018, 12:20:13 PM
 #27

I am always amaze every time I imagine how much power does Ethereum blockchain has when processing transaction for every tokens it supported. There are millions of transactions are being process every single day. Just do the math. Decentralized exchanges using ETH blockchain plus online wallets like MEW, Jaxx, coinomi, Eidoo, etc. I always have this feeling that ETH will become number 1 someday. Who is better for you? ETH or BTC?

The transaction are calculated on the basis of TX/seconds.
As far as in know ETH blockchain is capable of doing ~ 15 TX/second while on the other hand BTC is capable of handling only 7-10 TX per seconds. With that said ETH blockchain is faster than the BTC chain. Also, this transaction can also drop if the crypto blockchain is overloaded by some means. For example during the time of Airdrops, ICO sales etc. FYI : VISA processes highest number of TX per seconds and has capacity of 25,000 to 45K TX/seconds.
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August 02, 2018, 12:20:54 PM
 #28

ETH faster sometimes
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August 02, 2018, 01:02:44 PM
 #29

This is like a no-brainer already. The speed for transactions on the Ethereum network is super higher than that of Ethereum. This is not to say the Ethereum network doesn't get slow too, but this happens when it's clogged up
badykvik
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August 02, 2018, 01:06:02 PM
 #30

Talking about transaction speed between bitcoin and ethereum, I think ethereum as a faster transaction speed than bitcoin and the fee is even cheaper compared to that of bitcoin and this is because of its advanced technology.
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August 02, 2018, 01:10:16 PM
 #31

i use both but more ethereum . I am also mining so i have more ethereum i earn more and more everyday. as transaction speed there is no brainer. ethereum 1-5 minutes  against btc 30min -12h
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August 02, 2018, 01:10:30 PM
 #32

Eth in my experience is always faster. But you must be careful with the address. You may get problems if you send your eth tokens to etc addresses.

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August 02, 2018, 01:23:48 PM
 #33

I am always amaze every time I imagine how much power does Ethereum blockchain has when processing transaction for every tokens it supported. There are millions of transactions are being process every single day. Just do the math. Decentralized exchanges using ETH blockchain plus online wallets like MEW, Jaxx, coinomi, Eidoo, etc. I always have this feeling that ETH will become number 1 someday. Who is better for you? ETH or BTC?
for transaction speed and transaction costs may be faster and cheaper ETH than BTC. In addition ETH wallet is also universal for all derivatives of ERC20. But between ETH and BTC they have their own fans, so to choose the best one is relative.

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shinchan123
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August 02, 2018, 01:26:17 PM
 #34

I am always amaze every time I imagine how much power does Ethereum blockchain has when processing transaction for every tokens it supported. There are millions of transactions are being process every single day. Just do the math. Decentralized exchanges using ETH blockchain plus online wallets like MEW, Jaxx, coinomi, Eidoo, etc. I always have this feeling that ETH will become number 1 someday. Who is better for you? ETH or BTC?

It actually depends on the network traffic. Each platform experiences network traffic sometimes, and both have expensive transaction fees during those times. However, if all network is working fine, I would say ethereum network is faster when transacting. If there's no problem, it only takes seconds for transactions to sync and finish.
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August 02, 2018, 01:34:39 PM
 #35

The speed of ETH transactions is better and faster than BTC transaction speed and also the price of transactions is faster than bitcoin, certainly Ethereum is better than ethereum but I think it can not replace bitcoin to be the number one coin.
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August 02, 2018, 01:39:38 PM
 #36

If you have not experienced this, then this is quite an understandable question. As practice has shown, Ethereum is much better, but rather faster. BTC is very slow compared to Ethereum. And frankly, working with Ethereum is more pleasant and convenient. More information can be found on the Internet.
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August 02, 2018, 01:40:01 PM
 #37

I was under the impression that ETH is faster. But there is time that the ETH network is so slow, my fund stuck on the network for quite a time.
Then I came back using bitcoin, it still slow but look like it does not stuck.
Also, if you transfer fund between exchanges, the speed of sending also depend on their transaction fee setting. Some exchanges I saw the speed is way too slow, some is good.
On the side note: if both exchange support Doge, I will use doge for transfering, the whole process cost like $2 max.

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August 02, 2018, 01:43:26 PM
 #38

I am always amaze every time I imagine how much power does Ethereum blockchain has when processing transaction for every tokens it supported. There are millions of transactions are being process every single day. Just do the math. Decentralized exchanges using ETH blockchain plus online wallets like MEW, Jaxx, coinomi, Eidoo, etc. I always have this feeling that ETH will become number 1 someday. Who is better for you? ETH or BTC?

I agree and have tested this several times already fast transactions, small fee what you are looking for a payment processor, but the world still believes that there is a fix on Bitcoin's issue, hence they are not giving up, they are the original one and the one that started it all this is one of the reason why they are still the number one.

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August 02, 2018, 01:44:04 PM
 #39

That is very obvious that Ethereum is better compare to Bitcoin in terms of transaction speed and cheaper transaction. Ethereum is very smart in which it solved bitcoin loophole and innovate more with the blockchain technology platform and make it register with smart contract on alternative coins.
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August 02, 2018, 01:55:36 PM
 #40

I am always amaze every time I imagine how much power does Ethereum blockchain has when processing transaction for every tokens it supported. There are millions of transactions are being process every single day. Just do the math. Decentralized exchanges using ETH blockchain plus online wallets like MEW, Jaxx, coinomi, Eidoo, etc. I always have this feeling that ETH will become number 1 someday. Who is better for you? ETH or BTC?

BTC is the fastest in term of exchange but it is more expensive than ETH which have a cheaper payment but just a little bit slower with regards to a blockchain transaction , so I choose ETH coin .but If ever I have plenty of coins with high value , I think I will for BTC exchange for sure .

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