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Author Topic: ETH vs BTC transaction speed. Who is better and faster?  (Read 1412 times)
hasmukh_rawal
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August 20, 2018, 04:41:40 PM
 #81

It is obvious that ETH wins the race when it comes to faster transactions. The ETH chain takes only about 15 seconds to add a block to the blockchain while the BTC blockchain takes about 10 minutes to add a block to the chain. This makes ETH way more faster than BTC. Also, ether uses gas to pay for the transaction fee which makes it way more cheaper than BTC as it requires BTC to pay for the transaction fee. This makes ETH more better than BTC in terms of cost, speed and efficiency.

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August 20, 2018, 04:43:54 PM
 #82

better transaction FEE ( cheaper ) = Ethereum
Better transaction speed (faster ) = Ethereum
i will go both with ETH but do we really going onto that?
ethereum will still remain apprentice of BTC as long as BTC insist/.
we cant do anything but to accept the fact.
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August 20, 2018, 04:48:06 PM
 #83

Strange question, of course Ethereum, there is more than half of transactions, than in the remaining crypto currency
About 52% in Ethereum and 30% in Bitcoin
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August 20, 2018, 05:04:40 PM
 #84

As you know ETH transaction faster than BTC. This is why some people say ETH will surpass bitcoin. but we shouldn't forget, there are coins that even faster than ETH. But none of coins is not even closer to BITCOIN. Bitcoin is the king. 
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August 20, 2018, 05:09:58 PM
 #85

The two differ in many technical ways. For example, the programming language used by Ethereum is Turning complete whereas Bitcoin is in a stack based language. However, from a general point of view, Bitcoin and Ethereum differ in purpose. While Bitcoin is created as an alternative to regular money and is thus a medium of payment transaction and store of value, Ethereum is developed as a platform which facilitates peer-to-peer contracts and applications via its own currency vehicle. While Bitcoin and Ether are both digital currencies, the primary purpose of Ether is not to establish itself as a payment alternative (unlike Bitcoin) but to facilitate and monetize the working of Ethereum to enable developers to build and run distributed applications.
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August 21, 2018, 08:57:42 PM
 #86

between eth and btc transaction eth transaction is more speed and reliable to me. and it is not only better but also faster than btc.
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August 23, 2018, 03:08:21 PM
 #87

Ethereum is much faster! Bitcoin is slow. Why only compare them in this? Bitcoin, though looks old, but he is respected many times more than Ethereum.
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August 23, 2018, 03:13:30 PM
 #88

Bitcoin is much better for transactions ! The Ethereum network is constantly overloaded, or the transaction does not go at all !

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August 23, 2018, 03:14:03 PM
 #89

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 think ETH is faster and flexible because we can set the fee that we want which affect the speed of transaction.
BTC is not bad also, but sometimes it stuck due to overwhelmed transaction
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August 25, 2018, 11:18:36 AM
 #90

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 think ETH is faster and flexible because we can set the fee that we want which affect the speed of transaction.
BTC is not bad also, but sometimes it stuck due to overwhelmed transaction

There are still issues with the fee structure as we know. That's why they want to improve it to some kind of auction style where everybody pays the lowest fee possible.

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August 25, 2018, 11:24:27 AM
 #91

We all are know that eth blockchain speed was much faster than btc..but ethereum blockchain will be depending on their network and traffic too. But overall, i think ethereum blockchain is faster than btc in transaction speed.
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August 25, 2018, 11:28:29 AM
 #92

Does it matter? Both are instantaneous, it's just the confirmations that take extra but once they're sent and in 99% of cases it's fine either way. The differences between ETH and BTC are not just down to speed but what you can do with them. Eth has its benefits as a platform whilst bitcoin is bigger by brand alone, and is better both as payment system and investment (in my opinion). I back both for  huge long-term gains but it really isn't about the speed of them and both have their place in the cryptosphere.
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August 25, 2018, 11:36:09 AM
 #93

for me to do the two things, but I tried to move the ripple faster. So if you have holdings on bitcoin or ethereum you should. it is better to transfer to (RIPPLE) to secure your money and move faster to the market.

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August 25, 2018, 11:39:33 AM
 #94

From a personal experience ETH i much faster & batter when it comes to confirmation in the blockchain even when it's kinda saturated, just higher your GAS & you're go to go.

ETH will always beat BTC when it com to faster transactions, that's a sure thing.
crazymelons12
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August 25, 2018, 11:41:14 AM
 #95

I have tested ethereum several times and found out that it was faster than bitcoin. But giving consideration to usage or volume per hour I think bitcoin has more transactions per hour which will cause a network traffic so that the reason for lagging behind ethereum could be because of it. I still believe both are really having fast transaction speedsand onky had a little difference.
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August 25, 2018, 01:32:30 PM
 #96

Now Bitcoin has just pulled a part of the cost of the Ethereum into his domination, which is already almost 55%!) Alicoins have fallen in price very significantly.
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August 25, 2018, 01:39:55 PM
 #97

I think when it comes to speed I would prefer ethereum than bitcoin because ethereum is faster and you can still make the transaction faster
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August 25, 2018, 01:41:25 PM
 #98

Ethereum is faster than bitcoin when it comes to speed of transactions delivery time. This is the more reason I always make use of ethereum
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August 29, 2018, 06:53:56 PM
 #99

I think that the ethereum is the faster between the two when it comes to speed because with ethereum as long as you have enough gas then comfirmation is pretty easy and sweet sailing from there. Bitcoin takes a very long time to confirm and there are times when I have waited hours for confirmation on bitcoin transactions in the past.

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August 29, 2018, 06:58:29 PM
 #100

Ethereum is much more faster, there is no doubt!
I don't ever know what is the purpose to use BTC except digital gold purpose.

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