Topic: 5 fastest crypto coins - page 4. (Read 1724 times)

My choice is TRX and ETH it's best tokens day by day price will be increased altime this token price is high compared in other token my personal opinion is TRX and eth fast growing

Both XRP and EOS are extremely fast because of their centralized network design. You'd either sacrifice decentralization for speed and low costs or all the other way around. There's no way to obtain complete decentralization while achieving unparalleled speeds and dirt cheap fees at the same time. Basically, any cryptocurrency with low mainstream adoption will have faster speeds and lower fees than traditional cryptocurrencies such as Bitcoin and Ethereum. It all depends on current network load at the time the transaction is placed on the Blockchain.

For those on the hunt for the fastest cryptocurrencies in the world today, I'd recommend DAG-based cryptocurrencies such as NANO, IOTA, Constellation, and Hedera Hashgraph. They're even faster than XRP or Stellar, as transactions confirm almost instantaneously. Most of the aforementioned DAG-based cryptocurrencies have no fees, making them extremely cost-effective for the end user. The main issue though, is security. IOTA was a victim of network halts some time ago. Until DAG-based cryptocurrencies become resilient and robust enough for serious use, it's recommended to only use them for micropayments. For large transactions, Bitcoin proves to be the winner. In the end, it's all a matter of a person's tastes/preferences over one type of cryptocurrency to the other. The hunt for the fastest cryptocurrency in the world may never end as Blockchain networks improve over time. As long as you choose coins with active development and innovation, you can remain confident that your investment will last forever. Just my thoughts

I do not usually need instant confirmations but I do not want to wait hours either so my choice is either ETH or LTC but because the former being expensive now I usually try and make most of my transactions in LTC and the price isn't doing any harms either.

I have used coins like XRP, TRX, DOGE so I know there are better and faster coins but I still prefer LTC for now and the problem also is that not all the websites accept these new coins like if I am shopping at bitrefill I cannot spend TRX or XRP while LTC is accepted so it also depends on the merchant I am spending my coins at because no matter how fast a coin is, it has to get accepted on some merchants for us to spend.

I personally agree with EOS and XRP, but what I disguise 2ith EOS is their demand for gas, telling me insufficient resources and cpu not sufficient. That's how my eos got stack in my wallet

It seems the selection was based on transaction speed for ranking and coin category. They are also good especially ETH which I have personally being following up.

I agree with EOS and XRP as I have been using them lately. Aside from the faster network they have, they have very cheap transfer fees and can be found in most top exchanges. This is their advantage, as they can be found in most medium-big exchanges, you will have no problem looking for their trading pair. If I may add also, doge is in my list.

I though eos network is also fast. BTW, this is a good discussion among the fast network of crypto. ETH is acceptable in my opinion and I had been observing it that the ETH network even if there transactions being made but it is manageable by the network. Other than that I believe is EOS and XRP network. Both of these crypto are fast. Other fast crytpo I think would be those unknown coins which has only few transaction recorded or made in a certain period of time but we do not like most of those coins and are considered by others as worthless or shitcoins.

Tron (TRX) Should be included in the fastest crypto and Solana (SOL) is also very fast, I tried it and sent some Coins and it took a few seconds and got into my wallet

In my opinion the 5 fastest crypto coins in cryptocurrency are BTC, BCH, BNB, SOL, DOT.
 I have been holding and selling these for a long time and holding them again.
 I get a very good profit.
 So these are the 5 fastest crypto coins

It is better to at least give a little bit of explanation before the lists to make more clear about what we are going to discuss. Like here, the title is about 5 fastest crypto coins, fastest in what, it is better to explain at first before going to each list.

Well, I think that some coins are also fast:
- XRP is also fast, but I don't know how fast it is compared to the five lists above. XRP processes more than 1,500 transactions /second.
- EOS (EOS) processes 3,000 transactions / second.

Read more at https://ihodl.com/analytics/2020-08-13/these-3-cryptocurrencies-have-fastest-transaction-speed/

I would say Ark

yes true, everyone has a favorite, but one's favorite should also be compared to others because a lot of coins are now very expensive in fees,
even though they are fast, I only recommend Tron alone, just try Tron and you maybe can love.

I also believe faster transaction confirmation of a cryptocurrency doesnt qualify the any coin competent and if thats not the issue all altcoin with fast transaction confirmation will have dethrone Bitcoin but this topic was all about fast confirmation coins.

Understand this, Bitcoin was not created to be Visa/Mastercard competitor cause it was clearly a outstanding innovation and it having 15-30 minutes confirmation doesnt mean the community are not serious. However, the government negative stance towards Bitcoin was among whats hindering it upgrade and since things are changing positively we will see more project excluding lightning that will come up with new idea to fast Bitcoin transactions confirmation.

No one is even thinking of rating Bitcoins below these altcoins but you cannot deny that the transaction speed in Bitcoins take at least 10 minutes on average unless you are lucky and sometimes when 3 confirmations are required it takes 15-20 minutes.

Payment platforms are a completely different thing you mentioned and cards payments too. You want to gamble for instance then you have to wait for 20 minutes to deposit and play but if you have some of these above coins mentioned by so many people then you can deposit within minutes and start playing. Also the withdrawal fees and transaction fees is lower for these coins.

Visa cards are fast but you cannot give your card details to a online gambling site, right? Similarly at countless occasions crypto payments are 100x better and easier than cards and Paypal.

Well, 2 minutes is fast compared to Bitcoin's 10 minute block time. Basically, any cryptocurrency is faster than Bitcoin as they lack mainstream adoption. Among the fastest cryptocurrencies available, we've got TRON, IOTA, NANO, XRP, and Stellar. Transactions confirm in seconds, while fees remain ridiculously low. For instance, you can interact with smart contracts on the TRX blockchain without the need to pay exorbitant fees. Transactions are basically free (depending on the situation) within the TRX blockchain. Coins like IOTA and NANO are near-instant with a fee-less design backed into the protocol. What matters is not speed/ease of use, but rather security/reliability on top of everything else. So far, the aforementioned cryptocurrencies have a lower degree of security than traditional cryptocurrencies like Bitcoin and Ethereum. Fast blockchain networks often sacrifice decentralization, putting user's funds at risk. Consider what happened with IOTA some time ago, when the network came to a halt. The same situation happened with Stellar. In contrast, Bitcoin has been operating without interruptions since its inception. It's no wonder why it's still the #1 cryptocurrency in the world (despite its high fees and slow transaction confirmation times).

Nonetheless, time will tell us whenever cryptocurrencies will be able to retain their speed/performance according to mainstream adoption. The more people join the crypto/Blockchain revolution, the more the network load will be on various cryptocurrency projects. Developers are going to need to rely on new solutions in order to maintain blockchain networks scalable for the whole wide world to enjoy. Otherwise, they'll become clogged until speeds decline and fees rise all the way to the moon. Just my opinion

Agreed about those 5 crypto coins are so fast that you mentioned, although desh is not so for transaction like btc or ether. besides ether takes huge fee and also more time than Monero,neo. But maybe you haven't exprianced nano transaction yet! Cause if you did, then you would added nano in top of your list.this is because i expriance about nano, it is more faster than others crypto, even can transfer without fee & any confirmation

I think the coins below fall into the Fastest coin.  Such as:
 BTC, ETH, BNB, NEO, ADA, these coins were the best investment in 2020.  Which has given us a lot of profit.  Hope to give more profit in future.

The purpose for the development of Eth 2.0 might be misconstrued if enough information is sorted but I thinks it is more for security, larger number of transaction, reduce energy consumption and Defi (along the proof of stake). We are not likely to see the immediate effect after launch but will improve as time passes on the 3 phases of release.  

as far as I know only Tron and Doge, because I often use these two coins for transactions.
yes, low fees make this coin appreciated, especially when the transaction speed is very satisfying.

This time will be bigger if these blockchains will be more popular, every small blockchain is pretty fast, to be honest