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Author Topic: What is the fastest blockchain?  (Read 808 times)
max6575
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November 06, 2020, 02:12:50 PM
 #41

as using of different platform with the business pupils might defines of one on decision as fine to match of initials with uses as working with the plan on transmission as expecting to collect returns to work on extensive with the interstate terms of modulation.

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November 06, 2020, 02:16:09 PM
Last edit: November 06, 2020, 03:49:08 PM by laredo7mm
 #42

Despite the fact that crypto transfers work almost instantly, all the blockchains have different time to generate blocks and push the transactions in. Besides the specifications of a taken network, transaction speed can be influenced by:

The network being “busy” at the moment
Large transfer volume
Increased fees
Problems with nodes

https://swapzone.io/learn/how-to-exchange-crypto-fast/

That is a good article but I do not think people normally try to find out that blockchain is fast or slow when they are doing any transaction. People use higher fees to do their transactions faster.
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November 06, 2020, 03:33:43 PM
 #43

It is really hard to point out one particular Blockchain. Because there are many different Blockchains exist. And mostly everybody don't use all of them. However, as far as my understanding and experience TRON is surely one of the fastest Blockchains. Because the transaction speed is very much the faster and quick.

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November 06, 2020, 05:41:43 PM
 #44

Despite the fact that crypto transfers work almost instantly, all the blockchains have different time to generate blocks and push the transactions in. Besides the specifications of a taken network, transaction speed can be influenced by:

The network being “busy” at the moment
Large transfer volume
Increased fees
Problems with nodes

https://swapzone.io/learn/how-to-exchange-crypto-fast/

That is a good article but I do not think people normally try to find out that blockchain is fast or slow when they are doing any transaction. People use higher fees to do their transactions faster.
When users use it, they don't care about the price. After having some problems with any blockchain, some users will search for transaction cost. Some new blockchain is offering zero transaction cost for limited uses in a day. Tron and Ripple are the fastest ones for low transaction cost.

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November 17, 2020, 05:12:23 AM
 #45

some good source

https://cointelegraph.com/news/who-scales-it-best-inside-blockchains-ongoing-transactions-per-second-race

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November 17, 2020, 05:46:39 AM
 #46

There are too many fast blockchain projects in crypto space today, they are too many and most haven't make it to top 100 yet, the fact is we don't need faster blockchain but better utility, any transaction speed that can send in a second or two is more than enough for users, what we hunt for is real use cases.

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November 17, 2020, 06:05:02 AM
 #47

There are too many fast blockchain projects in crypto space today, they are too many and most haven't make it to top 100 yet, the fact is we don't need faster blockchain but better utility, any transaction speed that can send in a second or two is more than enough for users, what we hunt for is real use cases.
having a fast blockchain is included among the use case or  utility of a coin because all cryptos here on the market have a value and can be used for exchanging and buying but if the blockchain of a coin is slower than can be an issue to the people that dont like to wait . some of these coins with a faster blockchain have another extra use aside from paying , is that what lookin for ? that can also be consider as one of its advantage but many people foccus more on the currency side and to the investing side of a coin .
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November 17, 2020, 06:27:25 AM
 #48

I know there are some fast blockchain that really can transact really with speed that i have tried which are TRON and EOS that also cost really cheap network fees. Most people used Ethereum that is why is pretty congested now and so overrated blockchain in the opinion. Hoping the second version  of it can really solve that problem especially on the network fee issues that really give more problems to people wanted to transfer some tokens.

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November 17, 2020, 06:43:54 AM
 #49

there are many Blockchain, Bitcoin Blockchain, Ethereum Blockchain and Tron Blockchain, etc.,
they are all blockchain systems that are different developers, even though they are the same as usability,
but I chose Tron which is the fastest and cheapest, indeed Bitcoin and Ethereum are also good,
but for my fees are not guarantee they're number one.
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November 17, 2020, 06:48:20 AM
 #50

I always use XRP for doing my transactions between exchanges.

It is very very fast, in few minutes I receive the XRP in the other exchange, and the fee for the transactions is normally around 0.25 XRP. At this prices of XRP, it is unrivaled.

Hope that helps
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November 17, 2020, 07:43:42 AM
 #51

The fastest blockchain I know right now is Solana and Lamden. These two blockchains both claim to have a maximum reachable speed of 100kTPS. Although these two projects are too new to us because they have just launched their products. I have experienced these two blockchains and showed that the transaction is almost instantaneous, if the smart contract is popularly deployed on these two blockchains then great. Even so, it is too early to conclude anything as it is possible that in practice things will not be as good as the theory they created.

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November 17, 2020, 08:26:00 AM
 #52

For me now its Solana blockchain. Yes its new but its faster and cheaper to use than the old blockchains with its high TPS, lots of partnerships happening already and the foundation and community is good. The best for me this year.
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November 17, 2020, 08:31:03 AM
 #53

fast blockchain is not enough to give crypto coin the value.
security of blockchain, bigger amount of hashrate, beside to fast all give higher value to crypto coin.

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November 17, 2020, 08:36:45 AM
 #54

Fast blockchain can still lack behind, the reason why most projects goes up to top ranks isn't because they are fast, thousands of coins are faster than bitcoin but yet bitcoin remains the best of the best, for me I care less about faster blockchain and care more about good utilities
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November 17, 2020, 09:09:17 AM
 #55

Almost every blockchain wants to transact their tokens fast. Fast transaction is not the main issue. The key is security. The use of the blockchain that can provide more security will increase.
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November 17, 2020, 12:38:34 PM
 #56

there are many fast blockchain systems, you can use Doge to send your coins in a matter of minutes,
and of course the fees at Doge are also cheap, I'm sure many traders use Doge as their transaction.

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November 20, 2020, 01:23:56 PM
 #57

Every blockchain is fast if there are no users of it. Anyway, eth and eos are pretty fast ones. I can recommend ownr wallet for both

I agree with you, but the most important thing for now is the transaction fees from the blockchain and I think EOS is cheaper than Ethereum, because there are still few people who use the platform from EOS, so if we do transactions on EOS the cost is cheaper and faster than Ethereum, but I prefer to use the platform from Ethereum, because I am used to using the platform from Ethereum (since 2017 when ICO was popular), so I hope that in the future Ethereum will develop its platform to make the price and transaction speed even better from now.

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November 20, 2020, 02:53:27 PM
 #58

Almost every blockchain wants to transact their tokens fast. Fast transaction is not the main issue. The key is security. The use of the blockchain that can provide more security will increase.

As long as the platforms are still using blockchain that has been running by a lot of nodes or stakers and that will improve the security of the blockchain itself. The problem is when the blockchain is not yet scalable and it will be so difficult to be adopted by the defi projects but this is not the problem at all because ethereum has proven it. AVAX becomes the most scalable chain right now.
It looks like security doesn't matter a lot in this case.

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November 20, 2020, 03:28:27 PM
 #59

Well, based on my experienced Nem, TRX, EOS, and Ethereum are all good and fast to me.
These all are good to use when you want to make a transaction with them, and in terms of fees they are all
cheap also, so you won't regret it for sure in the end.
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November 20, 2020, 03:46:56 PM
 #60

Well, based on my experienced Nem, TRX, EOS, and Ethereum are all good and fast to me.
These all are good to use when you want to make a transaction with them, and in terms of fees they are all
cheap also, so you won't regret it for sure in the end.

ETH actually isn't fast, you'd have to pick whether you want it faster or not. the option to pick how much you wanna spend for a transaction means by default its slow and that they only prioritize transaction when you pay higher for the transaction. i prefer EOS really, its the same thing after all I play games on EOS chain from casino to real online game.

fast transaction is important for different purposes, TRX and EOS simply delivers it well and same with some other blockchain like the Vechain.









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