Topic: Fastest altcoin nowdays (Read 1317 times)
Ethereum is fast in the largest transaction but Nem/xem is really fast transaction recently I observed also dogecoin is having good transaction speed.
Ripple and Monero seem to be fastest growing coins in the market. If you check their historica graphs then they are dropping since 10th July and now both of them have started to take the giant leap. The margin is going to be best of all time if we buy these coins at this time. They will be very sharp pretty soon and will lead to big profits. Waiting for the august to pass on as bid daddy is coming with lots of gold and cash. 
Indeed, comparing to bitcoin all of the cryptocurrencies are really fast i think that the speed with which they are transfering are really high. But in a future if coin get popularize, the difficulty to mine a block getting higher, which of course mean that to get a one block would be more harder, allowing to use more counting power from miners to make it relevant
Most alts are fast as balls, but DGB is maybe the fastest, the capacity of that network is ridiculous. Also love how they added segwit as if DGB would ever need it. 15 sec blocks will be plenty for a very long time.
pretty much most coins show balance change almost instantly. but if you count blocktimes x confs required i think dgb is up there. digibyte has 15s and 6 confs i think. might be faster ones not sure? fastest ive seen
Dash is a proof of work cryptocurrency which has a block generation every 2.5 minutes, which means a transaction could be confirmed in that time period of 2.5 minutes.
Note : The average block time can actually be slightly shorter or longer depending on if the total hash power of the Dash network is growing or shrinking.
Dash also developed an instant confirmation and locking system through its masternode network, which enables it to have transactions confirmed and locked against
double-spending in 4 seconds. It is called InstantSend, there is a small fee to pay and its an optional choice for users.
Link : https://dashpay.atlassian.net/wiki/display/DOC/InstantSend
Note : The average block time can actually be slightly shorter or longer depending on if the total hash power of the Dash network is growing or shrinking.
Dash also developed an instant confirmation and locking system through its masternode network, which enables it to have transactions confirmed and locked against
double-spending in 4 seconds. It is called InstantSend, there is a small fee to pay and its an optional choice for users.
Link : https://dashpay.atlassian.net/wiki/display/DOC/InstantSend
Litecoin is my favourite choice when moving funds between exchanges. It is fast an reliable. It seems to me that every other coin is faster than Bitcoin, but this is more a problem with the TX fees. If you are willing to spend more on the fees BTC sure is fast.
I think most of the mainstream altcoins is fast in sending and receiving nowadays it is just depend on how much transaction fees are you willing to pay and when you reached the highest possible payment and fastest minimum speed it will just depend on your luck in waiting for confirmations.
For me maybe Litecoin because it has already a lightning network, I am not so sure with other altcoins out there.
but with this article it is https://themerkle.com/4-cryptocurrencies-with-much-faster-block-times-than-bitcoin/ but it is when SegWit is not enabled in Litecoin.
1. Ripple
2. Ethereum
3. Monero
4. Litecoin
Agree on this list since i have experienced on making transactions among on this coins and i would say its really fast compared on bitcoin but i would say that its just normal since transaction isnt really that too many just like on bitcoin which causes for it to be slowed down but well i dont really care at all since i do seldomly used alts on making transactions but yet still a good alternative though. For me maybe Litecoin because it has already a lightning network, I am not so sure with other altcoins out there.
but with this article it is https://themerkle.com/4-cryptocurrencies-with-much-faster-block-times-than-bitcoin/ but it is when SegWit is not enabled in Litecoin.
1. Ripple
2. Ethereum
3. Monero
4. Litecoin
NEM is also near instant and has been tested to handle thousands of transactions per second.
Very promising future imo.
Very promising future imo.
Bitshares is my personal (tested) favorite.
Ripple and Stellar should be faster but were not when I tested them (maybe because I sent to an exchange)
Ripple and Stellar should be faster but were not when I tested them (maybe because I sent to an exchange)
With that being said, how much speed is really needed before its all essentially the same. Of course, it would be great if BTC was faster, but in regards to the quickest alts? Is there really any different between 5 seconds and 45 seconds?
For online retail that's a difference. For brick and mortar it's even more important.
I would say it is Doge and it is cheap as well. Just 2-3 doggies and voila, all your money is transferred of any exchange at ridiculously low prices. There is always a case of turning them back in to BTC when needed... but I think its not a big issue, right? However the recent price fluctuation makes is a little risky to store long time.
Some exchanges not even recognising doge as a withdraw limited asset, like novaexchange, no daily limits for doge there. In case you go with :o3 woof Note: avoid dogecoin wallet for android or any mobile, they are weird/buggy/some even scam.
That’s one of the nice things about Dogecoin. The transactions for it is very fast and if someone from the other side of the world wanted to receive Dogecoin and you are talking to them inside a chatroom, the coins could get transferred in under a minute. The coin might not have that much value right now though the people that use Doge now that the technology of the coin could enhance the speed for most Altcoins out there.Some exchanges not even recognising doge as a withdraw limited asset, like novaexchange, no daily limits for doge there. In case you go with :o3 woof Note: avoid dogecoin wallet for android or any mobile, they are weird/buggy/some even scam.
I've heard good things personally about both DGB and DOGE. With that being said, how much speed is really needed before its all essentially the same. Of course, it would be great if BTC was faster, but in regards to the quickest alts? Is there really any different between 5 seconds and 45 seconds?
DigiByte has a 15 second block time target. I've transferred it to/from desktop core wallet and Poloniex and it really is amazingly fast.
The block benefit time for the Bitcoin protocol is 10 minutes, which has increased significantly in the time it takes to attract transactions. Also, the transaction rate processed by the Bitcoin protocol is also reduced due to the same problem. Creditbit has experienced such problems successfully. The time taken for an average Creditbit transaction will be less than 30 seconds, so it could be the fastest digital currency in the WORLD.
DNR
PIVX has shockingly fast deposit confirm times. I knew the "I" was supposed to stand for Instant, but I never realized just how quick they do transfer until I moved some around last week.
How many of these listed can actually scale? Any proof? What chain is as fast or faster and can scale compared Bitshares with 3 second confirmation times and proven daily ops outnumbering many other chains combined?
Stress tested:
http://docs.bitshares.eu/_downloads/bitshares-stresstest.pdf
Daily ops: Check out the limit order created/canceled to see the big picture!
http://cryptofresh.com/charts
Stress tested:
http://docs.bitshares.eu/_downloads/bitshares-stresstest.pdf
Daily ops: Check out the limit order created/canceled to see the big picture!
http://cryptofresh.com/charts
I would say it is Doge and it is cheap as well. Just 2-3 doggies and voila, all your money is transferred of any exchange at ridiculously low prices. There is always a case of turning them back in to BTC when needed... but I think its not a big issue, right? However the recent price fluctuation makes is a little risky to store long time.
Some exchanges not even recognising doge as a withdraw limited asset, like novaexchange, no daily limits for doge there. In case you go with :o3 woof Note: avoid dogecoin wallet for android or any mobile, they are weird/buggy/some even scam.
Some exchanges not even recognising doge as a withdraw limited asset, like novaexchange, no daily limits for doge there. In case you go with :o3 woof Note: avoid dogecoin wallet for android or any mobile, they are weird/buggy/some even scam.
Ark is extremely fast. Delegates proof of stake with 8s blocktime. 1 confirmation is enough.
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