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Author Topic: Which cryptocurrency is the fastest?  (Read 5929 times)
john2231
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June 19, 2017, 11:37:00 PM
 #41

As Bitcoin becomes slower each day in transaction confirmation time, other alternatives could prove to become useful for everyday transactions. Cryptocurrencies like Litecoin, Dogecoin, and even Ethereum have faster transaction confirmation time allowing you to send and receive coins at a hassle-free way.

Thus, among the wide variety of altcoins, many have block times which are near instantaneous. Based on these facts, which cryptocurrencies do you consider the fastest?

I would appreciate if you would list it or them here.  Smiley
When urged I used to use Dogecoin to make fast transactions.
I agree . The same as me, I often use dogecoin for each of my transactions the reason is not only a fast transaction but a cheap fee as well
as for personal used i guess i can say doge is really fast and do have a much lower fee, i use it when I'm doing some arbs between exchange as i send doge instead of btc then exchange it up to buy the alts that i'm aiming to take advantage it works for me and chances to make some good profits happen hopefully all or most of the project will act the same with doge.
Never tried that but i have lots of doge coin in some exchange site the good part its pretty cheap fee for every transaction..
Still hoping that we can see that dogecoin can be more develop and increase value .since its one of the oldest altcoin that still the alive for a long time. for now the movement of the price is really stable but theres a little bit increase the value but still in cheap price..

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June 20, 2017, 02:00:51 AM
 #42

Ripple has an average at 3 seconds I hear, but I would never use it.  I did like Fastcoin in the past.  But, I don't think about which one is fastest overall, but which one is fast and universally accepted.  Steem is becoming a good option for quickly moving cash.
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June 20, 2017, 02:07:35 AM
 #43

As Bitcoin becomes slower each day in transaction confirmation time, other alternatives could prove to become useful for everyday transactions. Cryptocurrencies like Litecoin, Dogecoin, and even Ethereum have faster transaction confirmation time allowing you to send and receive coins at a hassle-free way.

Thus, among the wide variety of altcoins, many have block times which are near instantaneous. Based on these facts, which cryptocurrencies do you consider the fastest?

I would appreciate if you would list it or them here.  Smiley

BTS is pretty good with 1-3 seconds confirmation.
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June 21, 2017, 02:28:34 PM
 #44

I also did try to used DogeCoin it was fast extremely fast indeed. And I was quite surprise by it. I hope that bitcoin can imitate that speed as well. Grin. But yeah if there is a development around this coin it will surely rival btc and ETH now.

Exactly. Dogecoin has many benefits like: faster transactions, cheaper fees, and relatively low value making it an extremely convenient cryptocurrency for anyone who would like to get started with it, or just use it for daily payments.

So even though, there is no active development for Dogecoin, there are still people who use it, along with a community that it is actively supporting it, and that is what really matters. As long as it remains alive with nodes and miners around, the DOGE would survive for many years to come.

I could imagine a Dogecoin 2.0 in the future, if someone becomes interested in improving its codebase. Things like a new logo design, along with SegWit, limited supply, and other improvements would make Dogecoin an awesome cryptocurrency for anyone to use. Just sharing my thoughts. Grin

 

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June 21, 2017, 02:34:56 PM
 #45

Switch to VIA while it's still trading under $50M.  It has all that stuff you mentioned.

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June 21, 2017, 02:43:41 PM
 #46

Ripple has an average at 3 seconds I hear, but I would never use it.  I did like Fastcoin in the past.  But, I don't think about which one is fastest overall, but which one is fast and universally accepted.  Steem is becoming a good option for quickly moving cash.

ETH is very fast fast coin is fast but has no market or volume and no one care about it, also being fast isn't always good, because more fast is equal to more orphan, some coin mitigate this with a better diff retarget



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June 21, 2017, 03:28:07 PM
 #47

I would say Dash, Zcash and Byteball looks faster to me
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June 21, 2017, 04:42:20 PM
 #48

I think doge coin is faster transection and there is low fee required. (i did not try all of coins)

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June 21, 2017, 06:42:20 PM
 #49

I think doge coin is faster transection and there is low fee required. (i did not try all of coins)

I think haven't learned entirely on each crytocurrency the fastest, but I am currently using the ETH is very quick to come on the market as well as the volume so as not to reduce the disadvantage

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June 21, 2017, 06:50:04 PM
 #50

Ethereum classic is fastest to sending it, i have made withdrawal etc from exchangers
it was just took couples minute, it is more fast than sending bitcoins,
i think ethereum classic is suitable be currency at least right now because of
bitcoins still has block size problem that makes transaction slow.

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June 25, 2017, 04:25:47 PM
 #51

You are not looking for speed alone.  The fastest that you will find is a newly created coin, the rewards will pop and the coins will fly provided that you are backing yourself with a node or some mining.  You need there to be some value in the coin also and you need there to be a place to exchange that coin or use it to purchase items.  Your thread has actually brought an interesting thought to mind.


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June 25, 2017, 04:26:28 PM
 #52

Perhaps we can use 1-5 factors, like speed, value, and usability to create a numeric gauge for coins.  The factors could be compiled and the data used to give the coins a score from 1-100.  Then, the people here at the forum can take over the idea, use the data to manipulate the markets and to push the coins they like and abuse the ones they don't  Grin

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June 25, 2017, 06:19:35 PM
 #53

We really need a faster crypto currency right now because BTC became an investment, people are rarely using it for buying and stuff. Right now am using Dash as well as Steem for my important transactions. I guess those two are the fastest right now.

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June 27, 2017, 03:17:19 PM
 #54

Ethereum classic is fastest to sending it, i have made withdrawal etc from exchangers
it was just took couples minute, it is more fast than sending bitcoins,
i think ethereum classic is suitable be currency at least right now because of
bitcoins still has block size problem that makes transaction slow.

Yeah. Ethereum Classic is a fast altcoin too, allowing anyone to send/receive transactions in a convenient way without having to wait hours or days for them to confirm. I believe that any cryptocurrency would be faster than Bitcoin nowadays, since they don't have the same user base and load as the latter.

However, the day will come when other altcoins face the same issue as Bitcoin in terms of scalability when they become widely used in the mainstream world. Take a look at Ethereum for example, where it has experienced bad network performance due to the recent ICOs.

Nevertheless, the faster a cryptocurrency is, the more transaction throughput it might be able to receive, making it easier for mainstream adoption. Up until now, the fastest alts are Bitshares, Ark, Fastcoin, and Litecoin. Just my thoughts. Grin

 

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July 01, 2017, 10:25:42 AM
 #55

As Bitcoin becomes slower each day in transaction confirmation time, other alternatives could prove to become useful for everyday transactions. Cryptocurrencies like Litecoin, Dogecoin, and even Ethereum have faster transaction confirmation time allowing you to send and receive coins at a hassle-free way.

Thus, among the wide variety of altcoins, many have block times which are near instantaneous. Based on these facts, which cryptocurrencies do you consider the fastest?

I would appreciate if you would list it or them here.  Smiley
When urged I used to use Dogecoin to make fast transactions.
I agree . The same as me, I often use dogecoin for each of my transactions the reason is not only a fast transaction but a cheap fee as well
as for personal used i guess i can say doge is really fast and do have a much lower fee, i use it when I'm doing some arbs between exchange as i send doge instead of btc then exchange it up to buy the alts that i'm aiming to take advantage it works for me and chances to make some good profits happen hopefully all or most of the project will act the same with doge.

I tried for arbitrage once with coins like Komodo & Sexcoin, but it takes days for these coins to transfer from one exchange to another. What do you do to become successful in arbitrage?
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August 12, 2017, 02:01:39 PM
 #56

By having 2 exchanges open and simultaneously buying on one and selling on the other one. It requires you to have deposits on both though
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