the speed of the blockchains

[alevlaslo]

Transaction time:

Fantom 1.1 second https://fantom.rocks/
EOS 3 seconds
Ripple 4 seconds
Hedera 5 seconds
Flash 5 seconds
Temtum 12 seconds
Ethereum 3 minutes
Komodo 12 minutes
Bitcoin 2 hours
VISA several days


transactions per second:

Temtum 120000
VISA 26000
Flash 25000
Fantom 20000
Hedera 10000
Komodo 9500
Ripple 1500
EOS 500
Ethereum 15
Bitcoin 7

[CoinCode_sh]

Hi,
The speed is not all

[alevlaslo]

Hi
for mass acceptance, speed is very important, the coin should not be inferior to a Bank card

[Zicadis]

Lmao the centralized Factom blockchain has the fastest speed, who would have guessed?

Don't take theoretical numbers and testnet figures into consideration dude, they're always under optimal conditions and rarely reflect the truth of the situation.

As far as I'm aware, none of these blockchains (except the centralized Ripple) have demonstrated such high throughput.

Also, even if they're faster, they're nowhere near as secure as BTC and certainly nowhere near as popular, so it doesn't really matter.

[seoincorporation]

Transaction time:

Fantom 1.1 second
EOS 2-3 seconds
Hedera 3-5 seconds
Ethereum 15 seconds
Komodo 1 minute
Bitcoin 10 minutes

You should add the 'aprox' term after the time, because this doesn't mean we will have blocks in bitcoin every 10 minutes. I have seen blocks back to back with 1 minute of difference and i have to wait more than 50minutes in the past for a block. So, that's an estimated time and isn't always like that.

[Kemarit]

I don't know what do you mean by speed here. Yes, its good to see some altcoins is very quick as compare to Bitcoin but it doesn't mean that they are safe though, just downgrading those altcoin in your list, but the potential of 51% is there.

I will point out to you a good thread here: How many confirmations are equivalent* to 6 Bitcoin confirmations?.

[Raja_MBZ]

Flashcoin (FLASH): 25000 transactions per second (possible upto 0.1 million transactions per second)
Online since: 2016
.
.
.
Market-cap (after 4 years): $3 million

So basically Fantom and all such extreme-high TPS projects are trying to solve a problem that doesn't exist by making the ecosystem centralized.

[alevlaslo]

The task is to surpass the Bank card, and the benefits of decentralization are controversial, anarchy is dangerous, without control people will kill each other

[TemTum]

Temtum

120,000 TPS - test it for yourself on the website - fastest mainnet deployed - is it any wonder why nations are signing mou’s with temtum to run their digital currency ?

[alevlaslo]

the big exchanges don't have it, boycott?

I can't download Temtum wallet, it's blocked for my country

the price is the same all the time, the emission is free?

[Febo]

The speed of the blockchains

If coinmarketcap listed everything that doesn't mean we should do same and compare apples with plums. Coins, tokens, whatever you post there are very different. They were issued different they work different they have different use case.

[TemTum]

https://test.lab.temtum.com/admin/load-test

See for yourself the speed on Temtum’s network - this is on the live test net which is the same as the mainnet

Here’s the explorer to see the blocks

https://explorer.lab.temtum.com/

Third party validated by bsi - listed on liquid and coinall - more exchanges to come soon

This was a PhD developed over 7 years - no other blockchain can come close - educate yourself on projects like this which is more than just token price

[passwordnow]

Speed is important yes.
But you know what's more important? the users. If that coin has a lot of users then it make sense so they would enjoy the quick transaction time but if they don't have, then that's a false promise.
Some coins that claim to be quicker than everyone else is also somehow centralized.

[alevlaslo]

Bitcoin is also centralized, most of the hashrate is in China, and the Internet is controlled by America

[alevlaslo]

https://test.lab.temtum.com/admin/load-test

See for yourself the speed on Temtum’s network - this is on the live test net which is the same as the mainnet

Here’s the explorer to see the blocks

https://explorer.lab.temtum.com/

Third party validated by bsi - listed on liquid and coinall - more exchanges to come soon

This was a PhD developed over 7 years - no other blockchain can come close - educate yourself on projects like this which is more than just token price

I can't open these links in Russia, I can't download a wallet either, these are big disadvantages, I can use a Visa, a Pantom coin too, but I can't use your coin, so it's not good

+ transaction time of 12 seconds is a lot, it is not suitable for payment in stores, the Pantom has 1.1 seconds https://fantom.rocks

[Ucy]

Speed does not matter if they are centralized. The important thing is to achieve those speed without compromising on Blockchain standard.
If Blockchains are rated based on important the standards, many will definitely have a low score.

 You avoid derailing too much and making costly mistakes by sticking to the principle.

[20kevin20]

Bitcoin is also centralized, most of the hashrate is in China, and the Internet is controlled by America

That doesn't make Bitcoin centralized. High hashrate in china =/= the Chinese are controlling it. If these mining farms were moved to Europe, would it mean the EU is controlling Bitcoin? It does not, I assure you. This "most hashrate is in China" excuse has been used so many times and without success. I still haven't seen a successful instance of China manipulating Bitcoin in any kind of way.

If a coin has a theoretically higher TPS capacity, it does not mean that:
 1. The coin can really touch that number; and
 2. The coin is gonna be the future Bitcoin.

In fact, we have Litecoin with a ~8x more capacity of TPS than Bitcoin. Soon it's gonna be a decade old and tet Bitcoin is still the king. If TPS was the most important thing, it would've passed Bitcoin in the game long ago. But surprise! It hasn't.

There's more to it than just tx speed. Bitcoin has also been tested for more than a decade and never failed miserably. Hence, BTC is still king.

All this aside, a decentralized cryptocurrency will not make it to the "bank card" use anyway. It's just not gonna happen, let's try to live the reality and not an imaginary scenario.

[alevlaslo]

Bitcoin is growing because newcomers think it is decentralized. China is a very centralized state, if it orders to print another 21 million bitcoins, it will be done in 1 day. They build a 57-storey building in 19 days. https://youtu.be/0dU5crYUYzc

Speed does not matter if they are centralized. The important thing is to achieve those speed without compromising on Blockchain standard.
If Blockchains are rated based on important the standards, many will definitely have a low score.

 You avoid derailing too much and making costly mistakes by sticking to the principle.

I am not against centralization, I am against secret emission, inequality and racism

[Tipstar]

Hi
for mass acceptance, speed is very important, the coin should not be inferior to a Bank card

If so, where is Fantom now? It's already been two years but most of the people don't even use it.
And bitcoin is really slow, it should have been one of the least used coin but why is it so popular.
Decentralization is a comparative measure and I'm quite sure more number of people around the world holds bitcoin than Fantom.

[alevlaslo]

I have already answered this question, beginners think that bitcoin is decentralized. But the Pantom has a growing trend unlike other coins, the same only BNB