edwardtay (OP)
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October 22, 2020, 02:56:11 PM |
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Monero Monero XMR is one of the popular privacy-centered cryptocurrencies. The project is fully community-driven and focuses on decentralization and financial freedom. XMR transactions are quite fast – just like Dash, it takes around 2 minutes to get a confirmation. Dash Dash is a cryptocurrency that has been around for a while. The average transaction time for a DASH coin is around 2 minutes. Dash has the block size of 2 MB and can process up to 56 transactions per second. NEO NEO is a Proof of Stake network that processes transactions at a pace of around 1000tx/sec. It takes about 15 seconds to get your transaction to confirm – due to this, NEO was dubbed as “Ethereum killer” by the community members. Ethereum Ethereum network, despite the issues of scalability and certain delays with network congestion, takes about 14 to 17 seconds for the transactions to go through. Ethereum blocks handle about 12 transactions per second. Litecoin Litecoin is one of the oldest cryptocurrencies existing as an alternative to Bitcoin. The main point of LTC creation was to speed up the transaction process. Block generation usually takes no longer than 2 minutes and 30 seconds. https://swapzone.io/learn/how-to-exchange-crypto-fast/
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carter34
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October 22, 2020, 03:05:12 PM |
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Maybe you need to research on doge coin also. It has some speed and fast to deliver. You can check it out too, dogecoin seem to fall in this level also. The processing speed is commendable, it looks like you might add it if you looking to add more to your list.
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DarkDays
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October 22, 2020, 03:23:49 PM |
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I can't say that I completely agree with all the coins listed as the fastest crypto coins, in particular DASH which doesn't seem to rise as fast as the others. Despite this, I do think these 5 coins if invested as long-term expected gratification these would do quite well. In any way, even short-term gratification seems possible with Monero (XMR) which has been going pretty strong weeks prior to seeing the bTC bull-ish market trend, and doing rather well considering that most of the fiat is now being pushed and getting sucked by BTC's momentum.
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Nalbo
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October 22, 2020, 03:27:20 PM |
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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.
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nykka
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October 22, 2020, 03:37:15 PM |
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Now there are much more projects whose speed is very high, but I still use Litecoin for transfers. Among late coins I can choose Avalanche project. Avalanche blockchain is really fast and it can competete with Ethereum and others easily
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imons
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October 22, 2020, 04:00:06 PM |
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Monero Dash NEO Ethereum Litecoin
I'd say BCH can be added in this list, since transaction time is not that big, its just most of services require a lot of confirmations to fully enroll funds
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ryzaadit
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October 22, 2020, 04:10:16 PM |
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How about NANO Cryptocurrency? if we talked about a fast transaction.
This cryptocurrency using DAG system and their transaction without fee at all + zero confirmation, if we see the description about nano on Wikipedia. The transaction block will be found and got some confirmation around 0.2-1 second.
First time using this, kinda impressed with the transaction time.
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Rohtox
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October 22, 2020, 04:12:25 PM |
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I like NEO blockchain, they have lower cost and faster than Ethereum. Idk why, Ethereum has one key edge over NEO: (lots) more people use it. For Monero XMR and Dash I have not try to use their blockchain yet, I've only used Lite coin only once.
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Mahdirakib
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October 22, 2020, 04:22:57 PM |
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~snip~
The topic is about those coins which get faster confirmation not about price increasing. @Nalbo obviously he is taking about transaction speed. If you click on the link provided by him then you will realize it fully. I'm quoting it from the source he provide Here is a list of cryptocurrencies that are known on the market and pride themselves on having the fastest networks. OP haven't played any effort to create this topic. He just copied it from the site, posted it here and provided the link at the end of his post. The same thing he did at his previously created topic. There are a lot of coin which gets instant confirmation. Like XRP, XLM, EOS ATOM etc. These coin also have good position in marketcap.
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coinswebid
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October 22, 2020, 06:01:03 PM |
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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
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Alert31
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October 22, 2020, 06:01:57 PM |
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Now there are much more projects whose speed is very high, but I still use Litecoin for transfers. Among late coins I can choose Avalanche project. Avalanche blockchain is really fast and it can competete with Ethereum and others easily
In terms of fast transaction aside from Ethereum , XRP, XLM and TRON is the next for me because I tried it many times, although I know there are other altcoinsa which is fast in terms of transaction speed. Ethereum is so fast if you put a higher gas amount as a transaction fee.
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Chramichsw
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October 22, 2020, 07:43:47 PM |
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Many coins that have emerged since Bitcoin are very fast.
I think the question should have been posed a little differently here, specifically about the execution of the maximum number of transactions per second in different blockchains.
Well, the blockchain Minter, Tron are very fast.
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Zeehaxan
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October 22, 2020, 07:46:48 PM |
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With Eth 2.0 initial phase launching in November we have high hopes that the capacity of ethereum network will grow massively and we will finally see much faster and cheaper transactions, Ethereum is the most used blockchain network so it should also provide the basics like fast and cheap transactions to really dominate the market.
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articlecity
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October 22, 2020, 09:09:02 PM |
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We have seen many projects claiming to have huge transaction capacity per second some even called themselve 'Ethereum Killer' but time has proven Ethereum is the king and will remain like that, it is just that market believes in Ethereum and it is perhaps the only adopted and massively used network till now.
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Quidat
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October 22, 2020, 09:18:47 PM |
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Monero Monero XMR is one of the popular privacy-centered cryptocurrencies. The project is fully community-driven and focuses on decentralization and financial freedom. XMR transactions are quite fast – just like Dash, it takes around 2 minutes to get a confirmation. Dash Dash is a cryptocurrency that has been around for a while. The average transaction time for a DASH coin is around 2 minutes. Dash has the block size of 2 MB and can process up to 56 transactions per second. NEO NEO is a Proof of Stake network that processes transactions at a pace of around 1000tx/sec. It takes about 15 seconds to get your transaction to confirm – due to this, NEO was dubbed as “Ethereum killer” by the community members. Ethereum Ethereum network, despite the issues of scalability and certain delays with network congestion, takes about 14 to 17 seconds for the transactions to go through. Ethereum blocks handle about 12 transactions per second. Litecoin Litecoin is one of the oldest cryptocurrencies existing as an alternative to Bitcoin. The main point of LTC creation was to speed up the transaction process. Block generation usually takes no longer than 2 minutes and 30 seconds. https://swapzone.io/learn/how-to-exchange-crypto-fast/Adding up; EOS (EOS) - it processes at 1.5 seconds and has a network capacity of 3,000 transactions per second. Ripple (XRP)- Ripple processes over 1,500 transactions per second, which is almost seven times faster than international e-wallets like PayPal. Stellar Lumens (XLM) - open-source platform has a transaction speed of 5 secs per transaction at extremely low costs Source
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wheelz1200
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October 22, 2020, 09:36:48 PM |
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Monero Monero XMR is one of the popular privacy-centered cryptocurrencies. The project is fully community-driven and focuses on decentralization and financial freedom. XMR transactions are quite fast – just like Dash, it takes around 2 minutes to get a confirmation. Dash Dash is a cryptocurrency that has been around for a while. The average transaction time for a DASH coin is around 2 minutes. Dash has the block size of 2 MB and can process up to 56 transactions per second. NEO NEO is a Proof of Stake network that processes transactions at a pace of around 1000tx/sec. It takes about 15 seconds to get your transaction to confirm – due to this, NEO was dubbed as “Ethereum killer” by the community members. Ethereum Ethereum network, despite the issues of scalability and certain delays with network congestion, takes about 14 to 17 seconds for the transactions to go through. Ethereum blocks handle about 12 transactions per second. Litecoin Litecoin is one of the oldest cryptocurrencies existing as an alternative to Bitcoin. The main point of LTC creation was to speed up the transaction process. Block generation usually takes no longer than 2 minutes and 30 seconds. https://swapzone.io/learn/how-to-exchange-crypto-fast/I'm sure there are plenty of projects with super fast block times. Fujicoin I think is something like 20 seconds or so but that doesn't mean much of anything. Its like when people talk about supy of a coin and smaller supy somehow should make a project worth more. Why? I wouldn't focus on conf times too much. Bitcoin is doing quite fine the way it is
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irixo10
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October 22, 2020, 10:29:07 PM |
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First I will commend your efforts, secondly I do not completely agree with you. Although Ethereum is one of my best coins but I won't fail to point out that, it is slow and coupled with its high fees, maybe the upcoming 2.0 upgrade will correct a lot of things, but till then, Ethereum transactions is slow. In my own opinion, Tron needs to be on that list and nowadays USDT withdrawal through TRC 20, of course on Tron blockchain is free and fast as well. BNB also needs to be on that list, its transaction fee is low and it is also fast as well. Other coins like XLM, XRP are also fast. I hardly trade the other coins like Dash and Neo, so I can't rightly say how fast the transactions are, but yet I still believe there are others that are very fast.
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jossiel
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October 22, 2020, 10:33:20 PM |
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I'd say BCH can be added in this list, since transaction time is not that big, its just most of services require a lot of confirmations to fully enroll funds
Is BCH that really fast? I don't think so. Ethereum
This is one of my favorite altcoins but comparing to the speed of others. It's not that fast at all and it's proven when the network has been congested. There's no more debate to its quickness when it comes to the confirmation of transactions. MoneroMonero XMR is one of the popular privacy-centered cryptocurrencies. The project is fully community-driven and focuses on decentralization and financial freedom. XMR transactions are quite fast – just like Dash, it takes around 2 minutes to get a confirmation. DashDash is a cryptocurrency that has been around for a while. The average transaction time for a DASH coin is around 2 minutes. Dash has the block size of 2 MB and can process up to 56 transactions per second. NEONEO is a Proof of Stake network that processes transactions at a pace of around 1000tx/sec. It takes about 15 seconds to get your transaction to confirm – due to this, NEO was dubbed as “Ethereum killer” by the community members. EthereumEthereum network, despite the issues of scalability and certain delays with network congestion, takes about 14 to 17 seconds for the transactions to go through. Ethereum blocks handle about 12 transactions per second. LitecoinLitecoin is one of the oldest cryptocurrencies existing as an alternative to Bitcoin. The main point of LTC creation was to speed up the transaction process. Block generation usually takes no longer than 2 minutes and 30 seconds. https://swapzone.io/learn/how-to-exchange-crypto-fast/ Btw, I've added some space and bold the names of coins to your post to become more readable.
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Baofeng
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October 22, 2020, 10:38:58 PM |
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How about TRON though? Not shilling for them but transactions are quick as far as I know. I'm not really sure about those privacy coins, I think this is what most of the altcoins selling point though, you gonna love them, but the questions remains, it their blockchain really secure? How many confirmations times are needed as compare to bitcoin?
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Valzador
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October 22, 2020, 10:44:24 PM |
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The list that you put is the coins that I think has a long delivery time compared to xlm, xrp, and trx. ICYMI, the fastest cryptocurrency that I know is Appolo (APL) because it only takes 2 seconds to make a confirmed transaction.
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