alright someone please explain this

[teoliya33]

hii bitcointalk community

im having BTC and ETH

my question is why BTC transaction is so slow while ETH almost instantly !!

to BTC is the best crypto ever but its slow now

im using Trust wallet ( not sure if this is relevant )

for any experience in this matter please help me 

as a seller and dealing with crypto is affecting the slow transaction time to get and makes delays in Deals ( not for everybody but to me its effecting )

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[cryptoaddictchie]

It depends on the network of each token or coin. Probably it is slow due to heavy usage and some transactions arent confirmed yet and also the gas fee you used must be low or not par with the current rate of gas being process at the moment.

You must make sure you are using gas fee that can compete with other users to easily approved your transactions.

[Charles-Tim]

What people like most about bitcoin is because it is decentralized, unlikely ether and Ethereum network in general that is very centralized.

Trust wallet is close source, use open source wallets like Unstoppable.

It depends on the network of each token or coin. Probably it is slow due to heavy usage and some transactions arent confirmed yet and also the gas fee you used must be low or not par with the current rate of gas being process at the moment.

If it is bitcoin, mempool congestion can make low fee transactions not to be confirmed very fast, but if their is no congestion, there is still most probability that transactions are confirmed 10 minutes on average, although it can be less than or more than 10 minutes.

Worth knowing that no gas fee for bitcoin transaction. It is called transaction fee or fee.

[hosseinimr93]

Bitcoin transactions aren't slower than ethereum transactions.
You may get the first confirmation for a ethereum transaction much faster, but your ethereum transaction requires much bigger number of confirmations, so that it's equivalent to a bitcoin transaction with only 1 confirmation.

[Rikafip]

my question is why BTC transaction is so slow while ETH almost instantly !!

That's probably because you set the fee too low. From what i can see on https://mempool.space/, fees are currently low so you shoulnd'thave any issues.

to BTC is the best crypto ever but its slow now

The best cryptocurrency is not decided by how fast trasnactions are.

im using Trust wallet ( not sure if this is relevant )

Someone will correct me if I amw wrong, but I doubt that you can set the fee manually using Trust wallet whihc could explain your transactyions being slow.

[Charles-Tim]

You may get the first confirmation for a ethereum transaction much faster, but your ethereum transaction requires much bigger number of confirmations, so that it's equivalent to a bitcoin transaction with only 1 confirmation.

While sending from noncustodial wallet address to noncustodial wallet address?

[hosseinimr93]

Someone will correct me if I amw wrong, but I doubt that you can set the fee manually using Trust wallet whihc could explain your transactyions being slow.

Trustwallet allow you to set the fee rate for bitcoin transactions manually.

While sending from noncustodial wallet address to noncustodial wallet address?

Yes. If the gas price you use for an ethereum transactions is sufficient, your transaction would be confirmed in a few seconds. Of course, this doesn't mean ethereum transactions are faster than bitcoin transactions.

[SeriouslyGiveaway]

my question is why BTC transaction is so slow while ETH almost instantly !!

Instantly on Ethereum network, you can lose your coins on that network instantly too. It is a centralized network and risk of attack is high.

to BTC is the best crypto ever but its slow now

10 minutes are acceptable to get security for your on-chain transaction. If you want more quickly transaction, use Bitcoin Lightning Network but it is less secured than Bitcoin on-chain transactions.

How many confirmations are equivalent to 6 Bitcoin confirmations?. There are altcoins with faster transaction speed, confirmation time but if you want to get similar security like 6 confirmations on Bitcoin network, you will need 17 hours with Dogecoin, 15 hours with Litecoin, 4 days 21 hours with Bitcoin Cash.

Before Proof of Stake, The Merge, Ethereum network needs about 3 hours.
https://web.archive.org/web/20210811184629/https://howmanyconfs.com/

[Charles-Tim]

Yes. If the gas price you set for a ethereum transactions is sufficient, your transaction would be confirmed in a few seconds. Of course, this doesn't mean ethereum transactions are faster than bitcoin transactions.

If I receive ether from someone and having 1 confirmation, but I can send it to another person after 1 confirmation? But I think I can get you now, what you meant is how secure the transaction is?  That is correct, a single bitcoin transaction is far more secure than that of ether.

How about coins that their transactions are instant? Ether transaction can take 15 seconds to 5 minutes or more. Why are the instant transaction altcoins not having the highest marketcap? This rhetorical question answers why bitcoin is superior to ether. It is not about how fast transactions are, it is about how secure the network is.

[Porfirii]

In my experience, and this is not always and 100% accurate because, as cryptoaddictchie said, it depends on how congested is each network at a given time, transactions in the ethereum network are much more expensive lately. Maybe not a very big difference if you want to send ETH, but if you want to send tokens the transaction can cost up to 50$ sometimes: so, set the same high fee required for Ether or tokens for a Bitcoin transaction and you will see that it will be (inefficiently) immediately confirmed.

[hosseinimr93]

If I receive ether from someone and having 1 confirmation, but I can send it to another person after 1 confirmation?

Yes, you can spend the fund once the receiving ETH transaction gets its first confirmation.

But I think I can get you now, what you meant is how secure the transaction is?  

Exactly.
As you know, if you make a bitcoin transaction and the fee rate is high enough, you will get the first confirmation in 10 minutes on average.
If you make an ethereum transaction and the gas price is high enough, your transaction won't be as secure a bitcoin transaction with 1 confirmation after 10 minutes.

[ZAINmalik75]

Trust wallet does not provide the option of lightening network and RBG in my opinion. Which means you can not extend the transaction fee to increase the processing priority of your transactions. For example, your transactions are getting delayed because your transaction fee must be lower then others that's why your transactions are queued below them. I also sued Trust wallet and transaction sometime when network is highly congested took more than hours. But mostly my transaction got completed in 10 to 15 minutes max.

I prefer you to not to use TW because one, it is close source so, it could also harm our funds, second, it is not mainly for BTC transactions, Third your ETH transactions are fast because the network fee doesn't effect the transaction rate here. It's the blockchain you are using makes the transaction slower and increase or decrease the priority of your transaction according to fee being paid.

If you will use matic in TW then you will know the transaction are way faster and almost free of cost. For BTC, prefer to use Electrum because it have RBF option but it will cost you way more if you are a merchant. I just prefer a person to use exchange for such small transaction you must use exchanges to make transaction using there ID or email. In this way the transaction will be free and fast.

Can you use Bitcoin to pay everything online?

[BitcoinPanther]

my question is why BTC transaction is so slow while ETH almost instantly !!

I believe this has something to do with the specification of the coins.  They have certain specification where the time when the network is able to produce block and got confirmed is coded on the system.  To put that simple, ETH is programmed to have a faster block production reason for faster transaction confirmation while Bitcoin is programmed to have a slower block production and that actually gives the reason why it confirms slower.

You can see the rate how the block is generated between ETH and Bitcoin and this is the reason why ETH confirms faster than BTC.

How often is a Bitcoin block created?
every 10 minutes
Bitcoins are “minted” during the creation of each block at a fixed and diminishing rate. Each block, generated on average every 10 minutes, contains entirely new bitcoins, created from nothing. Every 210,000 blocks, or approximately every four years, the currency issuance rate is decreased by 50%.

What is the block production time of Ethereum?
around 14 seconds
Each cryptocurrency has a different block time—Bitcoin takes around 10 minutes, while Ethereum only takes around 14 seconds.

to BTC is the best crypto ever but its slow now

having a fast confirmation does not mean being the best crypto because we have to consider the security, community and adoption of a cryptocurrency.  There are more coins that are confirmed faster than ETH but still considered as shitcoin.

[YOSHIE]

as a seller and dealing with crypto is affecting the slow transaction time to get and makes delays in Deals ( not for everybody but to me its effecting )

OP, if you use trustwallet.com, the answer to the problem you are currently facing and the answer you can see below.

Since miners collect gas fees paid by the sender, they usually look for transactions with the highest gas price to approve first. That is why lower gas price transactions take longer to process. In a pool of many transactions, some transactions with the lowest gas prices never get picked up - miners are not willing to process them. It results in them getting “stuck” in a pending status.

Solution you have to do: What can I do if my transaction is stuck?

I think the information above can answer all your complaints.

Or you can use a second alternative besides trustwallet.com, namely: Meta Mask, maybe it's better, if you want to try it.

Metamask doesn't support bitcoin and OP can use electrum for bitcoin transactions.

Ohhhh, yes I forgot about that.

[hosseinimr93]

Or you can use a second alternative besides trustwallet.com, namely: Meta Mask, maybe it's better, if you want to try it.

Since you are suggesting MetaMask, I think you misunderstood OP.
OP doesn't have any problem with ethereum transactions and is asking why bitcoin transactions are slow.

Metamask doesn't support bitcoin and OP can use electrum for bitcoin transactions.
Of course, trustwallet also allows users to set the fee rate for bitcoin transactions manually, but as it's close-source and lacks many features like RBF, coin control, etc. I recommend everyone to avoid it.

[Little Mouse]

If you make an ethereum transaction and the gas price is high enough, your transaction won't be as secure a bitcoin transaction with 1 confirmation after 10 minutes.

It is worth mentioning that Ethereum had a rollback of a transaction back in 2016 (I forgot the exact year) when there was a hack. They had a hard fork to get all the assets back for a DAO. Ethereum Classic is the real Ethereum as some of the folks didn't support the hard fork.
How much weird this sounds lol! People should be more aware of what's a secure transaction. It's definitely not only about getting transactions faster, satoshi could do it faster too. Though the reason behind is not the same, there's a reason of course why it's 10 minutes.

[348Judah]

my question is why BTC transaction is so slow while ETH almost instantly !!

What is slow is your confirmation time and not bitcoin transaction and you can adjust that by pumping your transaction fee if you want.

Bitcoin transaction is not slow, know this for life, you can adjust the time for your bitcoin transaction to be confirmed after carefully seeing that you make use of a lower priority fee which may be one of the reasons why you can have a slower confirmation time, always try to check the mempool and the priority for each transaction fee and select the highest fee to get your transaction confirmation immediately after the next block is confirmed.

to BTC is the best crypto ever but its slow now

Bitcoin is not slow, the network is not slow either, bitcoin transaction is more faster than other cryptocurrencies transactions, when the issue of scalability comes in place, bitcoin lightning network was introduced and nothing more, bitcoin transaction still remains the best fee rate and fastest, just increase your fee and get confirmed on time, who knows maybe it's from the wallet you use that doesn't display your balance on time.

im using Trust wallet

Trust wallet is a cold storage wallet but not an open source wallet, i will advise you maintain using that for your alts while you get electrum wallet for your bitcoin, am sure you will notice some difference.

[Rikafip]

Trust wallet is a cold storage wallet but not an open source wallet,

Trust wallet is not a cold storage wallet but instead hot wallet that shouldn't be used for anyting other than storing few hundreds of dollars worth of crypto. At least that's how I am treating my hot wallet.

[pooya87]

Your definition of speed is wrong because you probably don't really understand what confirmation means and what its relationship with reversibility is.

A confirmation is when a transaction is included in a block. From that point as newer blocks are found, the confirmed transaction goes deeper into the chain or gets more confirmation.
What matters here is to find a number of confirmation where the chances of the confirmed transaction being reversed by performing an attack on the chain (eg. 51% attack on PoW chains and other forms on PoS) is nearly zero.
Depending on the algorithm, the hashrate, level of decentralization, security of the protocol itself (in simple terms being bug free), and the network state this number can be different.

For example for a centralized shitcoin with a weak protocol where mining is performed by centralized powers this number can be in the thousands. In fact if you look at the deposit page of most exchanges, they require very high number of confirmation for a lot of altcoins for this reason, although not all of their values are accurate or safe but it is a good practical example.
But for a decentralized cryptocurrency like bitcoin with a solid protocol and a well spread miners and a very big hashrate this number is the lowest.

In other words, as others also pointed out, for a centralized shitcoin like ETH having only one confirmation (even with the new flawed PoS algorithm) doesn't provide nearly enough security as one bitcoin confirmation provides.

[reagansimms]

Maybe when you make a transaction (Bitcoin) you have a problem with the network, problems like this often occur in a transaction. You can't compare Ferrari to Toyota, then say Toyota is faster than Ferrari, maybe at that time the Ferrari was having engine problems or a flat tire. 
Gas fees are very influential on the speed of transaction processing, you have to make sure the gas fees that you install to process your transaction confirmation faster.