I guess that happens if the network traffic is very dense, it will be a little slow. Ethereum has a function like a virtual machine that can run a peer-to-peer smart contract with Ether (ETH) cryptography.
yes it is correct The system of Ethereum is very good and they handle the deal very quickly. In addition, the fee that the trader pays is very cheap. That has created a brand for ethereum. That is why ETH is on the top 2 of the crypto market. I think after a short time, ETH will lead in the crypto market. 
Topic: Ethereum transaction speeds? - page 2. (Read 514 times)
1-5 minutes.
The longer transaction that I experienced was 5.
Just yesterday I have tried to use it again just for transferring a token. Input gas price at 1 because I am not in haste. Unexpectedly it was a success for 3 minutes with my balance almost not moving.
Ethereum will be not be congested much if this continues.
If you want a faster one then go for a recommended gas price.
The longer transaction that I experienced was 5.
Just yesterday I have tried to use it again just for transferring a token. Input gas price at 1 because I am not in haste. Unexpectedly it was a success for 3 minutes with my balance almost not moving.
Ethereum will be not be congested much if this continues.
If you want a faster one then go for a recommended gas price.
Based on my experience on using ETH, I would say that the transaction speed is super FAST! Even last December, the transaction speed is faster! When the transaction said that it is done and when I checked my wallet, it is already there! Unlike bitcoin where transaction said that it is done but the money took almost 3 hours for the complete transfer.
I guess that happens if the network traffic is very dense, it will be a little slow. Ethereum has a function like a virtual machine that can run a peer-to-peer smart contract with Ether (ETH) cryptography.
go to etherscan check total pending tx and ethgastation check minimum check price before doing ethereum transaction, you also can increase Gwei to speed up transaction speed , i think it's better than bitcoin
a hype with cryptokitties in the past, now all works quickly)) last time precisely problems with speed it was not observed
Just look at the last transactions and their gas price, and then send the transaction with a gas price slightly more than the average and your transaction go very quickly
Haven't done an Eth transfer in awhile, keep reading about congestion and slow speeds.
I'm looking at buying an ICO which is close to it's cap, how long are Eth transactions taking these days?
Over a day and I've probably missed out.
Cheers!
I'm looking at buying an ICO which is close to it's cap, how long are Eth transactions taking these days?
Over a day and I've probably missed out.
Cheers!
it seems that no one can make ETH transactions accelerated, they only rely on GAS price if the gras price is very large already apsti delivery will be fast.
Ethereum transactions have been very fast of recent. I have done a couple of transactions both in ETH and TOKEN transfers and was impressed on the speed of transaction and little charges that go with that compare to BTC that is sluggish with high charges most of the time.
1. In Ethereum the block time is set to 14 to 15 seconds compared to Bitcoins 10 minutes. This allows for faster transaction times. Ethereum does this by using the Ghost protocol.
2. Ethereum has a slightly different economic model than Bitcoin – Bitcoin block rewards halve every 4 years whilst Ethereum releases the same amount of Ether each year ad infinitum.
3. Ethereum has a different method for costing transactions depending on their computational complexity, bandwidth use and storage needs. Bitcoin transactions compete equally with each other. This is called Gas in Ethereum and is limited per block whilst in Bitcoin, it is limited by the block size.
2. Ethereum has a slightly different economic model than Bitcoin – Bitcoin block rewards halve every 4 years whilst Ethereum releases the same amount of Ether each year ad infinitum.
3. Ethereum has a different method for costing transactions depending on their computational complexity, bandwidth use and storage needs. Bitcoin transactions compete equally with each other. This is called Gas in Ethereum and is limited per block whilst in Bitcoin, it is limited by the block size.
Before doing any transactions in regards with ethereum, you can check it here-- ethgasstation.info .. You can check what gas price,gwei you need for the transaction and how long will it takes.. and i suggest you always must have atleast a minimun of .01eth in your mew or if you imtoken application in playstore,you can transfer easily using it.
Transaction is fast i am always use default fee.
Haven't done an Eth transfer in awhile, keep reading about congestion and slow speeds.
I'm looking at buying an ICO which is close to it's cap, how long are Eth transactions taking these days?
Over a day and I've probably missed out.
Cheers!
Theoriticaly ethereum transaction is better than bitcoin because bitcoin transaction is competing each other, people who set higher fee will be prioritized. But I don't exactly how long Eth transaction will taking time.I'm looking at buying an ICO which is close to it's cap, how long are Eth transactions taking these days?
Over a day and I've probably missed out.
Cheers!
there isn't much difference here. if the network is congested then your transaction will be stuck unless you pay a ridiculously higher fee than other people. and if it is not congested then the transaction with any fee will be confirmed in the next block!
of course there is one difference and that is wallet failures! in the past during bitcoin network congestion everything worked fine and every service continued working with bitcoin. but during ETH network congestion exchanges had to disable everything because of failure.
Haven't done an Eth transfer in awhile, keep reading about congestion and slow speeds.
I'm looking at buying an ICO which is close to it's cap, how long are Eth transactions taking these days?
Over a day and I've probably missed out.
Cheers!
Ethereum transactions now is fast, because ETH network is not overloaded (only around 5k pending transactions. And there is no any hype ICO live. I'm looking at buying an ICO which is close to it's cap, how long are Eth transactions taking these days?
Over a day and I've probably missed out.
Cheers!
Haven't done an Eth transfer in awhile, keep reading about congestion and slow speeds.
I'm looking at buying an ICO which is close to it's cap, how long are Eth transactions taking these days?
Over a day and I've probably missed out.
Cheers!
Transactions are did this week were so fast, the gwei was set at 5 and the gas limit at 37000 though i didn't not do the transaction for an ico if you're using it for an ico you can increase your gas limit and gwei because of congestion. I'm looking at buying an ICO which is close to it's cap, how long are Eth transactions taking these days?
Over a day and I've probably missed out.
Cheers!
Transaction speed is good but gas price is bit high sometimes I am paying upto 3$ for my transaction . You can find information in ethergastation. Also transferring some tokens it’s costing more , transferring eth always less even for ico’s.
People who complain about ETH transaction speeds are probably attempting to get into an ICO or were trying to do something during CryptoKitties. Other than that, I find ETH to be just fine. At least with ETH you can easily increase the gas to get in front of the line.
if you use an a bit above average gas price , it will be in a couple of minutes but probably under that. at least a lot faster then btc.
It's really fast now even with 4 gwei, made some transactions in this week and only took few seconds on 4 gwei!
Haven't done an Eth transfer in awhile, keep reading about congestion and slow speeds.
I'm looking at buying an ICO which is close to it's cap, how long are Eth transactions taking these days?
Over a day and I've probably missed out.
Cheers!
Theoriticaly ethereum transaction is better than bitcoin because bitcoin transaction is competing each other, people who set higher fee will be prioritized. But I don't exactly how long Eth transaction will taking time. I'm looking at buying an ICO which is close to it's cap, how long are Eth transactions taking these days?
Over a day and I've probably missed out.
Cheers!
Jump to: