Topic: 5 fastest crypto coins - page 3. (Read 1724 times)

For me it is not about fastest coin, it is potential coins where it has high market capitalization and high volume. That's why I do not prefer to make investment with shitcoins with low market capitalization. If you want to lose all of your money in instant way then buy shitcoins but not then you must avoid and forget it.

I still want to make investment with cryptocurrencies that are belong with the top 20 when it comes to market capitalization because these are the coins that have high volume where you can ensure that there are a lot of investors that are interested in that kind of coins. Do not think quick rich in this type of market because having that kind of mentality is so dangerous and it is better if we will think long term where we can trade without experiencing huge losses.

So the coins mention are fast?

I am new in the cryptocurrency and has loving the replies of others. Base on my experience after making the first transaction of which I was using was the XRP and the BCH. They too had fast network but I will not going to know unless if could try also using other network like EOS and ETH. Probably the next time around that I will going to make transactions, definitely I would like to try the ETH for they had gone upgrade to which it made interest on how fast the eth network will it be.

You are right, TRX transaction speed is faster than ETH, TRX Network is never as congested as ETH so TX fee are never as high as ETH.  The DEFi trend is one of the causes of soaring transaction fee on the ETH network, the cause is when UNISWAP launched a mass Airdrop.

Dogecoin is one of my favorite coins for trading. Apart from the low cost, the transaction process is also fast and besides that the price is quite stable in recent times. Dogecoin is traded on almost all exchangers and this makes it easier for us to withdraw and deposit so maybe this is one of the factors why Doge is a favorite of many people

Be sure to pay attention to the Avalanche project with the AVA token. The network is really very fast, functional, convenient. Now a "bridge" is being built between the Ether of the blockchain and the Ava blockchain, in the future, it is possible to transfer many smart contracts to work in the Avalanche network

Best altcoin selection and I didn't pick defi in the list of top 5 coins

- ETH
- XRP
- XLM
- NEO
- HEX

There are a lot of coins that are faster but not listed, I can give a few coins with transaction speed in seconds like DOGE, TRX, XLM.
As for ETH at the moment its speed and transaction fees are too great so people avoid using ETH to transfer their funds.

There are cryptocurrencies which are in top 20 coinmarketcap, but there are also a lot of coins, which are lower in tops, but they are much more faster and it`s a pity that many people don`t know about these projects. I mean Avalanche, Elrond Gold and many other projects with an amazing transaction speed

If you mean the speed of the transaction I think it is not quite accurate, there are many coins that are much faster than the ones you listed a lot.
I can include doge, XLM and TRX, which are very fast and cheap fees, their speed is even faster than ETH.

Not every altcoin makes use of the Lightning Network. There are many altcoins which have on-chain scalability via various means (like raising the block size, or changing its consensus algorithm). What matters is decentralization on top of everything else. While Bitcoin is often slow and expensive to use at times, it's the most decentralized cryptocurrency on the planet. Altcoins have lesser fees and faster speeds, but their level of security/reliability is not as good as Bitcoin's. It's no wonder why many people still support Bitcoin above many other altcoins on the market today.

As I've said before, the fastest cryptocurrencies are those which make use of a DAG (Directed Acrylic Graph). Coins like Constellation, Hedera Hashgraph, NANO, and IOTA are considered to be the fastest cryptocurrencies in the world today. XRP and Stellar are also fast, as well as, DPoS-based cryptocurrencies like TRON, ARK, and EOS. But these last ones aren't comparable as their DAG-based counterparts. I believe that DAG-based cryptocurrencies will be heavily used in the mainstream world for micropayments, while traditional cryptocurrencies like Bitcoin and Ethereum will be used as a sort of long-term investment (mainly a store of value). People will have the choice to select from one crypto to another when making cross-border payments in the mainstream world. That's the beauty of the decentralized and open source nature of crypto. Time will tell us whenever fast cryptocurrencies (like the ones previously mentioned here), will outmatch VISA and MasterCard's TPS or not. Everything will depend on how far developers are willing to go in terms of scaling Blockchain technology towards new heights. Just my thoughts

Of the 5 crypto coins that you mentioned, Dash is the fastest IMO...

agree, it is not wrong to put BCH on the list because the processing of BCH transactions is very fast. other than that BCH fees are very cheap, BCH is almost perfect IMO.

In my point of view, the fastest Cryptocurrencies are EOS, XRP, XML ETC. Because EOS Transaction processes at 1.5 seconds and network capacity has 3000. On the other side, XRP Transactions speed of 1500 per second. XML is similar to XRP.

Thank you for your sharing，you've done a great job. I just had traded NEO，Ethereum，LTC this three crypto coins，Monero and Dash just have heard，never hold before.

If you consider ETH to be an altcoin that has speed in transactions, I think you are wrong because there are other altcoins that are faster in making transactions, for example ripple, when compared to ethereum, ripple has a better speed than ethereum because ripple has much more unique characteristics because its existence only focuses on payment industri namely for international payments transfer instruments and since its establishment, ripple is only devoted to the issues of the financial industry, ripple has the privilege of having a much faster transaction time than ethereum and other altcoins for one transaction internationally, ripple only takes a few seconds to complete.

I think J could be a good coin if he had good support. I am talking about bitcoingold which was going well at one time but now there is no improvement. But Bitcoin and Eth have always been good and bitcoin and ETH play an important role here. Bitcoingold now seems to be no longer good for cost.

Transaction speed depends on fee. If the custom fee is low, the transaction confirmation process is also slow. If the custom fee is high, the transaction confirmation process is also very fast. Dogecoin, Tron, BNB are also coins with a very fast confirmation process.

There are numerous coins that are a lot quicker however are not as mainstream. For instance, Nano is a lot quicker and costs no exchange charges except for they are not as famous as bitcoin and Ethereum. Eth 2.0 introductory stage dispatching in November we have high expectations that the limit of Ethereum organization will develop enormously and we will at last observe a lot quicker and less expensive exchanges

Lite coin and dash is the best altcoin for transaction. The comunity also very good. Those coin will never die as long as crypto is still a live. Lite coin is the second coin created in the crypto world. And dash was the dark coin 2.0 and the first stake coin created. Monero was good for the anonymouse feature but it is also very hard to use for average people ( this is what makes monero hard to grow )

Now there are so many altcoins that have transaction speeds and low fees, this is because of the Lightning Network technology, one of the altcoins that use the Lightning Network is Litecoin.
As for Tron, I am not too interested, maybe because Justin Sun did too much Fomo, so to this day I am not really interested in Tron.

There is no definitive way to measure speed. There is transactions per second and there is confirmation speed. ETH might be considered fast but it can't handle nearly as many transactions per second as Tron. It can also get congested which will increase the time it takes to get confirmed if you don't use a high enough fee.