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Topic: 5 fastest crypto coins - page 5. (Read 1748 times)

hero member
Activity: 1733
Merit: 502
Nada y Tú?
November 08, 2020, 12:55:36 AM
#66
Monero
Monero XMR is one of the popular privacy-centered cryptocurrencies. The project is fully community-driven and focuses on decentralization and financial freedom. XMR transactions are quite fast – just like Dash, it takes around 2 minutes to get a confirmation.
Dash
Dash is a cryptocurrency that has been around for a while. The average transaction time for a DASH coin is around 2 minutes. Dash has the block size of 2 MB and can process up to 56 transactions per second.
NEO
NEO is a Proof of Stake network that processes transactions at a pace of around 1000tx/sec. It takes about 15 seconds to get your transaction to confirm – due to this, NEO was dubbed as “Ethereum killer” by the community members.
Ethereum
Ethereum network, despite the issues of scalability and certain delays with network congestion, takes about 14 to 17 seconds for the transactions to go through. Ethereum blocks handle about 12 transactions per second.
Litecoin
Litecoin is one of the oldest cryptocurrencies existing as an alternative to Bitcoin. The main point of LTC creation was to speed up the transaction process. Block generation usually takes no longer than 2 minutes and 30 seconds.

https://swapzone.io/learn/how-to-exchange-crypto-fast/

ETH 2.0 that is coming soon will be if not the best, but one of the best!

DASH, LTC and Monero will be far behind since then ...

We'll see what happens to all of them when the time comes ...
hero member
Activity: 2744
Merit: 588
November 07, 2020, 06:46:54 PM
#65
Maybe you need to research on doge coin also. It has some speed and fast to deliver. You can check it out too, dogecoin seem to fall in this level also. The processing speed is commendable, it looks like you might add it if you looking to add more to your list.

I agree with you, because myself always use Dogecoin to make transaction and until now I have never had a problem using Dogecoin as a transaction, besides that transaction using Dogecoin are also very fast and of course with a very cheap fee, so I think people should start to consider and try to using Dogecoin for transaction.

This is one of the oldest coins that I used also for transfer purposes.
And I believe, it should be in the list. Many traders also used it for this specific purpose because there are so many exchanges that are also having doge in their trading pair.
Cheap and fast. Though I have seen EOS and XRP can also qualify this feature but some exchanges are not listing these 2 alts.
And the last time I've checked Kucoin, XRP's deposit and withdrawal are still disabled.
sr. member
Activity: 1638
Merit: 339
November 07, 2020, 05:23:37 PM
#64
I don't how fast Moner, Dash, And Neo so I can't give any comment, And for Litecoin this is an alternative for me if want to withdraw my money from exchanges and so far it's pretty fast, but not too fast. But for Ethereum I think this not relevant to include as the fastest crypto coin, Yes Ethereum can be fast but also we must increase the transaction fee and that sucks
legendary
Activity: 3248
Merit: 1179
November 07, 2020, 05:21:32 PM
#63
The dash is very good when we talk about the transactions fees but in term of speed i dont think dash should be in this list
The fastest dash transaction take al least 6 minutes to be confirmed 6/6
At least doge is faster than dash

I like doges and I like trons, they are fast and cheap, and you can do a lot of stuff with these two. It's the thing with dash, it's older than trons for example, but tron made huge progress in the past years, with so many promotions, apps... and people paid attention, unlike dash that's still just dash! I didn't see any interesting news about dash. Now I am not saying there's nothing new with dash, but I simply don't see it!
Some new projects are making good progress, and they are outshining old ones! Some old projects are holding good and have nice updates, while some sleep, and they relay on old fame, that's not good!
legendary
Activity: 3178
Merit: 1054
November 07, 2020, 04:27:14 PM
#62

2 minute for confirmation isn't fast. with TRX you don't have to wait 10 seconds to see your coins reflected in your wallet.

In my opinion, the fastest cryptocurrency is Tron, Eos, Vexanium, Ethereum and Waves, these 5 coins I now believe,
indeed for Ethereum if the network is full it will be difficult to send because of the high cost, but Ethereum is one of the best blockchains
Is Dogecoin not the fastest transaction too? besides fast transactions, the cost of sending Dogecoin is very cheap, there is nothing wrong with saving some Dogecoin on your investment list, even though the price of Dogecoin is not too expensive like other coins

it will only matter if you have millions to keep. if you have just less than 20k, it will not count as investment. a small growth of a coin which you have millions of it will be a big profit already. its the only way to make more profit. you can just calculate, having a million and doge price will climb to $0.01. being fast is just what makes it good to trade and cheap fees.
hero member
Activity: 1554
Merit: 503
November 07, 2020, 04:09:41 PM
#61
In my opinion, the fastest cryptocurrency is Tron, Eos, Vexanium, Ethereum and Waves, these 5 coins I now believe,
indeed for Ethereum if the network is full it will be difficult to send because of the high cost, but Ethereum is one of the best blockchains
Is Dogecoin not the fastest transaction too? besides fast transactions, the cost of sending Dogecoin is very cheap, there is nothing wrong with saving some Dogecoin on your investment list, even though the price of Dogecoin is not too expensive like other coins
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
November 07, 2020, 04:00:16 PM
#60
In 2018 I only knew Dash, Nano, monero and Neo with coins that had super fast transaction speeds. but actually many are faster than that, because more and more coins are popping up, for example Idna, Ark, Icx if you compare the transaction speed then they could be the winner.

Basically, any cryptocurrency has blazing-fast speeds if the network is not congested. For once, Ethereum used to be one of the fastest cryptocurrencies in the world. But after mainstream adoption grew, its speeds were never the same. Of course, some cryptocurrencies have more efficient consensus algorithms than others. My guess is that the fastest cryptocurrencies are those using "DAGs" as their backbone. Coins like Nano, IOTA, Hashgraph, and Constellation could be considered the 5 fastest crypto coins right now due to their use of the "DAG" algorithm. DAG-based cryptocurrencies have fees that are ridiculously low (sometimes even free), while transactions settle almost instantly on the network. Yet, the aforementioned cryptocurrencies sometimes sacrifice security/decentralization on top of performance. Which is why I believe that depending on your needs, will be the type of cryptocurrency to use in the mainstream world.

Nonetheless, most people will continue to support cryptocurrencies like Bitcoin and Ethereum even if they struggle with high fees and slow transaction confirmation times. This is largely because decentralization and censorship resistance is what matters above all else. The fastest cryptocurrencies in the world might survive for a long time, but their level of adoption will never surpass that of Bitcoin and Ethereum. Ultimately, people will decide which cryptocurrencies to use from the other depending on their needs. Bitcoin works great as a store of value, but it's terrible as digital cash. The contrary happens with Ethereum. At least, crypto will be here to stay for a very long time. Just my opinion Smiley
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
October 30, 2020, 04:16:05 PM
#59
Ethereum shouldn't be in any list of fast transaction coins. In fact, it's becoming slower in speed and higher in fee. Other coins in this list are also outdated. In terms of speed, there are a lot of faster coins than this list, such as EOS, XRP or ADA. Even a shitcoin like TRON also has an impressive speed.
I like Tron for his low cost of transaction not for the speed, the speed of ethereum is subjective and transaction fee plays a big role on the speed, the higher the transaction fee the faster the speed, high number of confirmation. Have never been interested in EOS, XRP and ADA, I also feel the current state of market imay not be rewarding for those old coins. Monero, Zcash, Komodo need the speed of transaction to protect the identity of the user.
sr. member
Activity: 1190
Merit: 250
COMBONetwork
October 30, 2020, 03:52:34 PM
#58
In my opinion, the fastest cryptocurrency is Tron, Eos, Vexanium, Ethereum and Waves, these 5 coins I now believe,
indeed for Ethereum if the network is full it will be difficult to send because of the high cost, but Ethereum is one of the best blockchains
full member
Activity: 649
Merit: 100
October 27, 2020, 05:59:33 PM
#57
In 2018 I only knew Dash, Nano, monero and Neo with coins that had super fast transaction speeds. but actually many are faster than that, because more and more coins are popping up, for example Idna, Ark, Icx if you compare the transaction speed then they could be the winner.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
October 27, 2020, 04:53:45 PM
#56
For the coin with the fastest transaction is IDNA, you won't know if you haven't tried how fast these coins are sent from one wallet to another.
I have used IDNA several times for transactions and it only took me less than 10 seconds.
The fees charged by the network are very small, ranging from only 0.004 USD



*Link in my signature code
that's very quick if compare to another coins, i know idena now starting famous in many cryptocurrency community. beside speed , i heard idena will have smart contract platform like ethereum. wit complete feature from speed , low fee and smart contract creation idena will be great coin and be serious competitors for existing coins like ethereum , eos and other.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
October 27, 2020, 03:13:15 PM
#55
I think the OP is talking about transaction speed when he's calling fast. But the coins mentioned are not the fastest ones. There are many coins that are much faster but are not as popular. For example, Nano is much faster and costs no transaction fees but they are not as popular as bitcoin and ethereum.
Though bitcoin has always been associated with complaining about the transaction time, at current moment, their transaction time are much less and fees are less too. Don't know if it's some upgrade or the network is just less congested.

Any cryptocurrency can be extremely fast if network load/congestion is low. For once, Ethereum used to be among the fastest cryptocurrencies in the world with transaction settlement times of 15 seconds. Now that the Blockchain is heavily loaded with many transactions (as a result of increased adoption in the mainstream world), Ethereum is becoming extremely slow like Bitcoin is today. Luckily, we have different consensus algorithms and network designs which allow greater transaction capacity.

If the OP is on the hunt for the fastest crypto coins in the world, then my top 5 recommendations would be: Nano, ARK, Bitshares, Thunder Token, and Stellar. Not only these coins' transactions settle within seconds, they're also decentralized with ridiculously low fees. What they're missing is mainstream adoption, as people are still focused on the big cryptocurrencies such as Bitcoin and Ethereum. The community needs to spread the word out there about the aforementioned crypto projects in order to increase their mainstream adoption. While technically these coins are superior than Bitcoin and Ethereum, they certainly have a lower level of security than their counterparts. It's this reason why so many have chosen Bitcoin and Ethereum for all of their day-to-day transactions (instead of faster cryptocurrencies with dirt-cheap fees).

Nonetheless, you'd need to balance between convenience and the security/reliability of your crypto funds. For quick and cheap money transfers around the world, you'd want to rely on the fastest cryptocurrencies available on the market today. But for a long-term store of value, you'd choose Bitcoin on top of anything else due to its rock-solid security and reliability. It all depends on your tastes/preferences more than anything else. As much as I admire blazing-fast transactions, you won't get the same level of security as Bitcoin or Ethereum. But who knows? As Blockchain technology improves, crypto projects might be able to balance between decentralization and scalability. If that happens, there won't be any reason to switch from altcoins to Bitcoin altogether. Just my thoughts Grin
full member
Activity: 567
Merit: 148
October 26, 2020, 03:00:47 PM
#54
i always like to use ether for transactions, no matter how long time it takes or the fee it Deduct during transactions. I recently i love using doge coin. Cause it takes few time to get transactions done and Deduct very small fee than ether.so doge coin deserves a place in your chart.and i notice people are taking about nano, i haven't tried yet but after know about the facilities of nano, i would like to try.

If transactions are means in this content, then other tokens can be called the fastest ones. Here, Nano, NEM, Neo Often called Chinese Ethereum can be named. Besides, TRON and Eos transactions are very fast and convenient. You can almost always find these alts in exchanges.
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
October 26, 2020, 10:51:16 AM
#53
There are lots of fast altcoins, but do they cost a fortune? I guess that's the problem. Some altcoins can make fast transactions if we are able to pay high fees, one of which is ethereum. For me, currently the fastest is BNB because it has cheap shipping costs
member
Activity: 112
Merit: 10
October 26, 2020, 09:12:10 AM
#52
Top 5 cryptocurrencies to watch this: BTC, DOT, CRO, XEM, XTZ
The tight consolidation in Bitcoin and a few altcoins points to a potential breakout within the next few days. Now you can see the coin.
full member
Activity: 826
Merit: 105
October 26, 2020, 08:24:34 AM
#51
Why doesn't anyone mention SOLANA and LAMDEN.
Those are the two fastest trading cryptocurrencies I have ever experienced. Time to send money and receive money is almost instant.
Solana allows transaction speed to reach 65000TPS.
Lamden has a transaction rate per core of 4000TPS, if launching the full number of cores the speed can reach 100,000TPS.
In addition to the aforementioned two currencies, we have EOS, XLM, XRP and TRX which also offer high speed.
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
October 26, 2020, 05:37:29 AM
#50
For example, I use the TRON coin for my transactions.
https://www.tronlink.org/ is very convenient and allows you to make up to 15 transactions per day for free and withdrawal from the exchange costs 1 TRON.
The transactions are very fast and I have never been disappointed.
Excellent compatibility with ledger wallet.
legendary
Activity: 2282
Merit: 1023
October 26, 2020, 02:35:23 AM
#49
There are a dozen coins that are faster in transaction but what happens when there are more users transacting simultaneously especially millions of transactions, either the transaction charges will go higher or the delay time for confirmation will be higher and the coins you mentioned have not tested their limits and for a long time ETH was in that column and when they are tested to the limits we all know what happened to the transaction charges and i am expecting the same with the rest of the coins as well. 
sr. member
Activity: 2156
Merit: 323
October 26, 2020, 12:29:41 AM
#48
Pretty decent choice and what i say OP is listed some established cryptocurrencies those has appealed among the users. Personally i'm fan of NEO however here I would like to draw your consideration over on ICX, ARK. If you're going to buy anyways with a certain allocation then you should think about ICX, ARK on your bags.   
member
Activity: 157
Merit: 10
October 26, 2020, 12:16:48 AM
#47
EOS must be added to this list too. It has a speed of 3000 transactions per second.
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