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Author Topic: ETH vs BTC transaction speed. Who is better and faster?  (Read 1412 times)
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September 22, 2018, 03:27:44 PM
 #121

These crypto currencies can not be compared, because they have a completely different working principle and they are designed for different purposes. If we talk about the speed of transactions, then Ethereum is more rapid. But Bitcoin will soon implement the Lightning Network and everything can change.
I definitely agree with your opinion mate because of the fact that Bitcoin will be having some upgrades to enhance it's capabilities in terms of faster transactions through Lightning Network. Besides, Bitcoin is intentionally created as a new form of currency unlike Ethereum that is intended for different purpose and platform but are both based on blockchain technology. For now I will give it to Ethereum as a more faster one in terms of speed but let's see in the future if ETH will still lead the race of speed.



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September 22, 2018, 04:03:11 PM
 #122

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?

If we compare, let's just say using the same fee, and there is no network problem between the two, then most likely, Ethereum will win. Because I think that making it quite slow on BTC transactions is 1 txid has several sub transactions (CMIIW) while its not happen on Ethereum

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September 22, 2018, 04:34:06 PM
 #123

For this kind of transaction i will choose Ethereum over Bitcoin. But in case the Lightning Network release for bitcoin scaling and transaction. Bitcoin is the anwer for sure. Let's wait for what will happen in the next phase of bull run.
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September 22, 2018, 08:34:49 PM
 #124

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?
Based on my experienced Eth blockchain is more faster, but more expensive when the blockchain is clogged. I would love if bitcoin would address this issue and hoping the lighting network would be implemented as soon as possible.
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September 22, 2018, 08:42:04 PM
 #125

I think with new technologies which are so actively introduced now by Vitalik air will be much quicker than bitcoin  Cool
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September 22, 2018, 08:51:28 PM
 #126

I think faster is ethereum. because as long as I use both. Ethereum in my opinion is much faster than bitcoin. I think it's not too influential. But sometimes it makes us more comfortable wearing it. So I prefer the speed of ethereum transactions.
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September 22, 2018, 08:57:49 PM
 #127

Of course ETH, ETH only takes 10-20 seconds to complete a transaction and has a very cheap fee. But for BTC, it took me 3-5 minutes for my transaction to be sent but it took longer to confirm the transaction. That's why I like ETH more

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September 22, 2018, 09:04:38 PM
 #128

Etherum is much much faster
In case of bitcoin it depends does service is using segwit or not
With segwit bitcoin transaction time is even not so long but fees are still very high

 
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September 22, 2018, 09:29:50 PM
 #129

only compare transaction speed
eth above bitcoin, eth is fast and sending fee is low still under bitcoin sending fee

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September 22, 2018, 09:59:16 PM
 #130

That is one of the advantages of ETH, which is faster in transactions than Bitcoin. I think you already know that, but there is no problem if you have to ask to ensure a public answer.
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September 22, 2018, 10:02:09 PM
 #131

of course, ETH has a higher transaction speed than bitcoin. but bitcoin has more capitalization and it is more famous all over the world so I think that bitcoin will remain the best coin
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September 22, 2018, 10:05:35 PM
 #132

That is one of the advantages of ETH, which is faster in transactions than Bitcoin. I think you already know that, but there is no problem if you have to ask to ensure a public answer.
Yeah, seeing how fast the contracts and the transaction speed is makes a huge difference between the coins. Ethereum is faster.
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September 22, 2018, 10:08:40 PM
 #133

In my experience, eth is usually faster and cheaper. I see the ethereum network taking over completely from the btc is the near future. Except BTC ups it's game of course.

Agree with this, their scalability also could overcome the huge traffic from so many ICO that deploy their erc20 or erc223 token from Ethereum blockchain.but in term of fee I think both are comparable

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September 22, 2018, 11:00:14 PM
 #134

from my experience using ETH and Bitcoin as transactions, then I chose ETH as better than Bitcoin and the speed of transactions using ETH was faster than Bitcoin.

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September 27, 2018, 11:18:34 PM
 #135

The main problem of Ethereum is that its network can be put only by one good advertising campaign. We've all seen it many times.
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September 29, 2018, 04:50:09 AM
 #136

The main problem of Ethereum is that its network can be put only by one good advertising campaign. We've all seen it many times.

What do you mean by only one good advertising campaign? It can be used for many different purposes once the whole scaling issues are resolved. And that will happen in the future.

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September 29, 2018, 05:34:26 AM
 #137

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 will vote for ethereum blockchain. Just the matter of time until all of IPE will be implemented to help ethereum to reach 1 million TPS in the future. This has been planned by all of core developer of ethereum itself and i suggest you to try to take a look on the all pf proposal.
Bitcoin became a nice coin to generate more profits faster and faster to make a transaction.
with the large number of supporters who continue to help progress the Bitcoin produces a speed of transaction.
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September 30, 2018, 02:16:06 PM
 #138

New technology is faster. But, any curreny can't beat bitcoin because bitcoin is store of value.

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September 30, 2018, 02:28:22 PM
 #139

Yes, I think faster eth, despite the fact that you can speed up the transaction , but btc because it is better to transfer, compared to if you throw tokens from the wallet then always problems with the Commission

How did you guys determine the speed of the transaction of those two cryptocurrencies?

Through its process?
Easier?
Or efficient?

I think there are factors affecting their speed but I am not sure what directly it is.

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September 30, 2018, 02:31:47 PM
 #140

In my opinion. the transaction speed between ETH and BTC is faster Bitcoin transactions. because bitcoin is more popular than ethereum and the price of Bitcoin is more expensive than the price of Ethereum. Moreover, Bitcoin is the first cryptocurrency currency before Ethereum.
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