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Topic: Fastest transaction time (Read 893 times)

sr. member
Activity: 644
Merit: 250
January 03, 2014, 11:41:57 AM
#22
Kruncha .. .lol .. .and ouch. I read somewhere they're working on a solution to get it down or am I mistaking?

A lot of places accept as little as 2 confirmations, I believe, and as the network gets even stronger, 1 confirmation will be all the security you'll need. To change the times would require a hard-fork - which I think is highly unlikely.

K.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
January 03, 2014, 11:37:38 AM
#21
QQC and Fastcoin are the fastest.
legendary
Activity: 2632
Merit: 2790
Shitcoin Minimalist
January 03, 2014, 11:35:51 AM
#20
QQC and Earthcoin are extremely fast, but both new and unestablished. WDC is not as fast, but still very fast, and becoming quite established.
newbie
Activity: 42
Merit: 0
January 03, 2014, 11:32:34 AM
#19
Kruncha .. .lol .. .and ouch. I read somewhere they're working on a solution to get it down or am I mistaking?
full member
Activity: 140
Merit: 100
January 03, 2014, 11:25:00 AM
#18
lottocoin is about 10sec
and the confirms are fast aswel
sr. member
Activity: 644
Merit: 250
January 03, 2014, 11:23:32 AM
#17
and confirmation time in bitcoin is close to 10 min avg correct?

That's for 1 confirmation - the full 6 required by some is 1 hour.

K.
newbie
Activity: 42
Merit: 0
January 03, 2014, 11:19:12 AM
#16
and confirmation time in bitcoin is close to 10 min avg correct?
newbie
Activity: 35
Merit: 0
January 03, 2014, 11:17:47 AM
#15
My god everyone who say earthcoin obviously are very new to this whole crypto thing or are fanboys.
Transaction time and confirmation time are not the same thing.
To answer the question worldcoin is the fastest. 30 sec confirmation time is needed or else there would be orphans.
Watch out for coins like earthcoin, it is a huge premine. Worldcoin is a coin that exist for a relatively long time, it works very well.
Also google scharmbeck or see here https://bitcointalksearch.org/topic/want-to-see-how-easy-it-is-to-buy-worldcoin-wdc-with-scharmbeck-397267 what is worldcoin getting that no other altcoin has.
member
Activity: 70
Merit: 10
January 03, 2014, 11:05:54 AM
#14
I would say Earthcoin. It is pretty fast
newbie
Activity: 46
Merit: 0
January 03, 2014, 11:04:31 AM
#13
In fact, this question is the most important thing about bitcoin.
newbie
Activity: 42
Merit: 0
January 03, 2014, 11:03:44 AM
#12
my bad nocoin. THAT's what i actually meant yes. Was wondering if there's any coin that has a lower confirmation time than 2 min.
full member
Activity: 168
Merit: 100
January 03, 2014, 10:57:13 AM
#11
Hi guys. What is the coin with the fastest transaction time?
All coins have instant transactions. Learn to distinguish transaction time and confirmation time.
sr. member
Activity: 644
Merit: 250
January 03, 2014, 10:53:28 AM
#10
Kruncha... I'm more interested in seeing why it's so fast (if it is indeed <10 seconds)

All coins are that fast without the confirmations - it's impossible to be that fast with them (it's just marketing) - anything under 30sec blocktime is an orphan fest. Both DGC and WDC changed their format to avoid these issues. You won't get faster coins that actually function, and are fully confirmed in around 2mins or less.

K.
newbie
Activity: 42
Merit: 0
January 03, 2014, 10:49:37 AM
#9
Kruncha... I'm more interested in seeing why it's so fast (if it is indeed <10 seconds)
sr. member
Activity: 644
Merit: 250
January 03, 2014, 10:28:54 AM
#8
I avoid a coin if it's had a ~300million premine.

Dime is the worst at the minute with >1billion premine, lol.

Be careful with coins like that.

K.
newbie
Activity: 42
Merit: 0
January 03, 2014, 10:03:47 AM
#7
thanks everybody. and you axxo with your imagewall Tongue . downloading earthcoin to test it. need to find somebody to send me a test payment next while on skype.
legendary
Activity: 1274
Merit: 1000
January 03, 2014, 09:33:33 AM
#6
QQcoin, velocitycoin and earthcoin are the fastest if i'm correct.
hero member
Activity: 916
Merit: 500
January 03, 2014, 09:30:39 AM
#5


 Smiley
sr. member
Activity: 644
Merit: 250
January 03, 2014, 09:25:57 AM
#4
I'm not 100% sure, but it's pretty close between WDC & DGC - both are under 2 mins.

I don't know a way of checking besides getting to know individual coin specs.

K.
newbie
Activity: 42
Merit: 0
January 03, 2014, 09:20:12 AM
#3
well.. from the one existing today....what's the fastest? actually.. is there like a chart somewhere with average transaction times for different coins? (btc/ltc/doge/whatnotcoin etc)
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