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Author Topic: What is the fastest blockchain?  (Read 804 times)
ningrum
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November 20, 2020, 04:28:06 PM
 #61

blockchain is becoming popular today, within the community or in an institutional environment,
but if blockchain is used slow and expensive, of course it becomes a problem, and my choice is Tron,
because fees are cheap and faster, are one of the good things in Tron.

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Lantind
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November 20, 2020, 04:40:04 PM
 #62

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.
Actually, there are three things that every Blockchain user should always pay attention to, the first thing is very clear, namely security, and the second is transaction speed, then the third is transaction fees, this is the basic thing that all blockchain users always pay attention to.
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November 20, 2020, 08:59:29 PM
 #63

The article is quite missleading tho, their pick of 5 fastest crypto is Dash, Eth, monero, ltc, and NEO. I have never used NEO but the other 4 was not that fast compared to other new crypto with much better scalability like Tron or EOS.

The fastest Eth transaction I have made take 3-5 minutes, and I need to put quite huge gas on this. 15 seconds seems impossible. And LTC is not really famous for their fast transaction, it takes longer even compared to Ethereum. Dash and Monero is worse when they have huge trafic on their platform.


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November 20, 2020, 10:50:14 PM
 #64

There are factors that can determine the speed of transactions. Most blockchains have good TPS but the load on it can delay transactions. Out of the block chains I have used tron comes out fast for me. Ethereum is also fast.
Ethereum is not so fast as another smartcontract platforms but it has offered a lot of features. The scalability can be solved through the fork but i think that we do not seriously need the most scalable blockchain. We have some scalable chain and that's more than enough. I see no reason for the smartcontract platform to offer more and more scalability because the team must see the scalability as a part of the development of the platform.
it's not only about how fast you are.

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November 20, 2020, 11:38:14 PM
 #65

Any new blockchain will be faster than older because why do we accept slower TPS? Another point is "NEW blockchain always supports only a few users. We need more transaction speed from running all blockchain. I think we need a new one if Ethereum 2.0 can't touch the 10k TPS. Tron blockchain is fastest enough and has a low cost.
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November 20, 2020, 11:45:33 PM
 #66

If you are looking toward scalability in crypto, you can have a look at the first truly sharded architecture. Elrond is currently processing 150,000 TPS and achieve beyond this during the testnet which recorded 260,000 TPS. One thing that makes it unique is that it can scale further by adding more shards when needed which will increase the transaction processing power.

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November 21, 2020, 07:41:31 AM
 #67

At the moment Ethereum is I think fastest but I have also read about PolkaDot I never test it but the users say it is now the fastest blockchain. Actually, Ethereum has more load than others that's why some people compare it will low traffic blockchain.
How is ethereum blockchain be the fastest, it is not. I have made transaction with dash, ripple and digibyte before, there transactions are instantly or almost instantly unlike ether that will still take some minutes with high transaction fee. If not for the ethereum platform scalability issue, ethereum 2.0 will not be in process for launch.

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