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Author Topic: 5 fastest crypto coins  (Read 1674 times)
Baimovic
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October 25, 2020, 06:31:29 PM
 #41

talking about transaction speed, you also need to include such as Doge, XLM, & TRX. I think these three altcoins also have advantages that are almost the same as the list of 5 coins that you mentioned above. about network speed in transactions especially like Tron. I often use TRON for transactions and shipping costs are also very cheap.

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October 25, 2020, 07:43:25 PM
 #42

i always send Tron and Binance Coin (Binance Smart Chain) to make deposit or backup in my backup wallet. Both of them fee is very cheap and transaction is very fast. No need to wait a minute the token is sended.
Wasn't sure of Binance coin as I never used it much apart from trading fees so I was not sure but thanks for the information and yeah Tron is one excellent coin when it comes to low volume transactions that require fast confirmations. As a gambler often I play with Tron to save transaction fees and avoid waiting for hours to get the coins confirmed. I don't think any casinos accept Binance coin yet but will keep in mind and it is always good to have more variety.

This is a old list. Now there are many coin with more and faster transaction speed like XRP and TRX. Not even them but all the new coins coming in the market with their own blockchain have pretty fast transaction speed.
Problem with XRP is that you have to keep a minimum 20 balance in the address to keep it active and I was not aware about this so I withdrew my money in exodus and now 20 XRP are blocked there for literally no reason which I cannot send.

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October 25, 2020, 09:08:45 PM
 #43

I prefer coins that are in the order so it can be taken btc, eth, xrp, bch, link, because stable coins do not count.
Everyone may have their own views and if you say anything about ROI since release then those 5 coins are also worth considering.
unless you make a specific reason about it.

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October 25, 2020, 09:46:13 PM
 #44

If there’s no traffic you can depend on that coin but sometimes if there’s a huge traffic in the market no matter how fast that coin is, you still have to wait to confirm your transactions. A faster way to transact is to maximize the fees so you don’t need to wait any longer, and yes ETH platform still running good despite of all those criticism with the fees.
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October 26, 2020, 01:27:18 AM
 #45

For the coin with the fastest transaction is IDNA, you won't know if you haven't tried how fast these coins are sent from one wallet to another.
I have used IDNA several times for transactions and it only took me less than 10 seconds.
The fees charged by the network are very small, ranging from only 0.004 USD



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October 26, 2020, 05:10:34 AM
 #46

Maybe the OP forget about tron because in my opinion the fastest cryptocurrency is tron
Its faster than all cryptocurrency that mentioned by the OP
yup! I agree. tron should be on the list written by the OP.
indeed, to make transactions, I really prefer to use Tron besides the fastest coins, another reason is that the gas fee is quite cheap. and for the second coin choice I chose ethereum, the gas fee is quite expensive but ethereum is one of the fastest coins to make transactions.

I have never used other coins for transactions other than those two coins.
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October 26, 2020, 05:16:48 AM
 #47

EOS must be added to this list too. It has a speed of 3000 transactions per second.

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October 26, 2020, 05:29:41 AM
 #48

Pretty decent choice and what i say OP is listed some established cryptocurrencies those has appealed among the users. Personally i'm fan of NEO however here I would like to draw your consideration over on ICX, ARK. If you're going to buy anyways with a certain allocation then you should think about ICX, ARK on your bags.   

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October 26, 2020, 07:35:23 AM
 #49

There are a dozen coins that are faster in transaction but what happens when there are more users transacting simultaneously especially millions of transactions, either the transaction charges will go higher or the delay time for confirmation will be higher and the coins you mentioned have not tested their limits and for a long time ETH was in that column and when they are tested to the limits we all know what happened to the transaction charges and i am expecting the same with the rest of the coins as well. 
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October 26, 2020, 10:37:29 AM
 #50

For example, I use the TRON coin for my transactions.
https://www.tronlink.org/ is very convenient and allows you to make up to 15 transactions per day for free and withdrawal from the exchange costs 1 TRON.
The transactions are very fast and I have never been disappointed.
Excellent compatibility with ledger wallet.

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October 26, 2020, 01:24:34 PM
 #51

Why doesn't anyone mention SOLANA and LAMDEN.
Those are the two fastest trading cryptocurrencies I have ever experienced. Time to send money and receive money is almost instant.
Solana allows transaction speed to reach 65000TPS.
Lamden has a transaction rate per core of 4000TPS, if launching the full number of cores the speed can reach 100,000TPS.
In addition to the aforementioned two currencies, we have EOS, XLM, XRP and TRX which also offer high speed.
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October 26, 2020, 02:12:10 PM
 #52

Top 5 cryptocurrencies to watch this: BTC, DOT, CRO, XEM, XTZ
The tight consolidation in Bitcoin and a few altcoins points to a potential breakout within the next few days. Now you can see the coin.
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October 26, 2020, 03:51:16 PM
 #53

There are lots of fast altcoins, but do they cost a fortune? I guess that's the problem. Some altcoins can make fast transactions if we are able to pay high fees, one of which is ethereum. For me, currently the fastest is BNB because it has cheap shipping costs
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October 26, 2020, 08:00:47 PM
 #54

i always like to use ether for transactions, no matter how long time it takes or the fee it Deduct during transactions. I recently i love using doge coin. Cause it takes few time to get transactions done and Deduct very small fee than ether.so doge coin deserves a place in your chart.and i notice people are taking about nano, i haven't tried yet but after know about the facilities of nano, i would like to try.

If transactions are means in this content, then other tokens can be called the fastest ones. Here, Nano, NEM, Neo Often called Chinese Ethereum can be named. Besides, TRON and Eos transactions are very fast and convenient. You can almost always find these alts in exchanges.
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October 27, 2020, 08:13:15 PM
 #55

I think the OP is talking about transaction speed when he's calling fast. But the coins mentioned are not the fastest ones. There are many coins that are much faster but are not as popular. For example, Nano is much faster and costs no transaction fees but they are not as popular as bitcoin and ethereum.
Though bitcoin has always been associated with complaining about the transaction time, at current moment, their transaction time are much less and fees are less too. Don't know if it's some upgrade or the network is just less congested.

Any cryptocurrency can be extremely fast if network load/congestion is low. For once, Ethereum used to be among the fastest cryptocurrencies in the world with transaction settlement times of 15 seconds. Now that the Blockchain is heavily loaded with many transactions (as a result of increased adoption in the mainstream world), Ethereum is becoming extremely slow like Bitcoin is today. Luckily, we have different consensus algorithms and network designs which allow greater transaction capacity.

If the OP is on the hunt for the fastest crypto coins in the world, then my top 5 recommendations would be: Nano, ARK, Bitshares, Thunder Token, and Stellar. Not only these coins' transactions settle within seconds, they're also decentralized with ridiculously low fees. What they're missing is mainstream adoption, as people are still focused on the big cryptocurrencies such as Bitcoin and Ethereum. The community needs to spread the word out there about the aforementioned crypto projects in order to increase their mainstream adoption. While technically these coins are superior than Bitcoin and Ethereum, they certainly have a lower level of security than their counterparts. It's this reason why so many have chosen Bitcoin and Ethereum for all of their day-to-day transactions (instead of faster cryptocurrencies with dirt-cheap fees).

Nonetheless, you'd need to balance between convenience and the security/reliability of your crypto funds. For quick and cheap money transfers around the world, you'd want to rely on the fastest cryptocurrencies available on the market today. But for a long-term store of value, you'd choose Bitcoin on top of anything else due to its rock-solid security and reliability. It all depends on your tastes/preferences more than anything else. As much as I admire blazing-fast transactions, you won't get the same level of security as Bitcoin or Ethereum. But who knows? As Blockchain technology improves, crypto projects might be able to balance between decentralization and scalability. If that happens, there won't be any reason to switch from altcoins to Bitcoin altogether. Just my thoughts Grin

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October 27, 2020, 09:53:45 PM
 #56

For the coin with the fastest transaction is IDNA, you won't know if you haven't tried how fast these coins are sent from one wallet to another.
I have used IDNA several times for transactions and it only took me less than 10 seconds.
The fees charged by the network are very small, ranging from only 0.004 USD



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that's very quick if compare to another coins, i know idena now starting famous in many cryptocurrency community. beside speed , i heard idena will have smart contract platform like ethereum. wit complete feature from speed , low fee and smart contract creation idena will be great coin and be serious competitors for existing coins like ethereum , eos and other.
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October 27, 2020, 10:59:33 PM
 #57

In 2018 I only knew Dash, Nano, monero and Neo with coins that had super fast transaction speeds. but actually many are faster than that, because more and more coins are popping up, for example Idna, Ark, Icx if you compare the transaction speed then they could be the winner.

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October 30, 2020, 08:52:34 PM
 #58

In my opinion, the fastest cryptocurrency is Tron, Eos, Vexanium, Ethereum and Waves, these 5 coins I now believe,
indeed for Ethereum if the network is full it will be difficult to send because of the high cost, but Ethereum is one of the best blockchains



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October 30, 2020, 09:16:05 PM
 #59

Ethereum shouldn't be in any list of fast transaction coins. In fact, it's becoming slower in speed and higher in fee. Other coins in this list are also outdated. In terms of speed, there are a lot of faster coins than this list, such as EOS, XRP or ADA. Even a shitcoin like TRON also has an impressive speed.
I like Tron for his low cost of transaction not for the speed, the speed of ethereum is subjective and transaction fee plays a big role on the speed, the higher the transaction fee the faster the speed, high number of confirmation. Have never been interested in EOS, XRP and ADA, I also feel the current state of market imay not be rewarding for those old coins. Monero, Zcash, Komodo need the speed of transaction to protect the identity of the user.

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November 07, 2020, 09:00:16 PM
 #60

In 2018 I only knew Dash, Nano, monero and Neo with coins that had super fast transaction speeds. but actually many are faster than that, because more and more coins are popping up, for example Idna, Ark, Icx if you compare the transaction speed then they could be the winner.

Basically, any cryptocurrency has blazing-fast speeds if the network is not congested. For once, Ethereum used to be one of the fastest cryptocurrencies in the world. But after mainstream adoption grew, its speeds were never the same. Of course, some cryptocurrencies have more efficient consensus algorithms than others. My guess is that the fastest cryptocurrencies are those using "DAGs" as their backbone. Coins like Nano, IOTA, Hashgraph, and Constellation could be considered the 5 fastest crypto coins right now due to their use of the "DAG" algorithm. DAG-based cryptocurrencies have fees that are ridiculously low (sometimes even free), while transactions settle almost instantly on the network. Yet, the aforementioned cryptocurrencies sometimes sacrifice security/decentralization on top of performance. Which is why I believe that depending on your needs, will be the type of cryptocurrency to use in the mainstream world.

Nonetheless, most people will continue to support cryptocurrencies like Bitcoin and Ethereum even if they struggle with high fees and slow transaction confirmation times. This is largely because decentralization and censorship resistance is what matters above all else. The fastest cryptocurrencies in the world might survive for a long time, but their level of adoption will never surpass that of Bitcoin and Ethereum. Ultimately, people will decide which cryptocurrencies to use from the other depending on their needs. Bitcoin works great as a store of value, but it's terrible as digital cash. The contrary happens with Ethereum. At least, crypto will be here to stay for a very long time. Just my opinion Smiley

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