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Topic: What is the fastest blockchain? (Read 865 times)

full member
Activity: 1274
Merit: 100
November 21, 2020, 12:29:01 AM
#79
At the moment Ethereum is I think fastest but I have also read about PolkaDot I never test it but the users say it is now the fastest blockchain. Actually, Ethereum has more load than others that's why some people compare it will low traffic blockchain.
sr. member
Activity: 1362
Merit: 258
Vave.com - Crypto Casino
November 21, 2020, 10:52:52 PM
#68
blockchain is becoming popular today, within the community or in an institutional environment,
but if blockchain is used slow and expensive, of course it becomes a problem, and my choice is Tron,
because fees are cheap and faster, are one of the good things in Tron.
Are you sure Tron fast? I think EOS or XRP is faster than Tron, and if I'm not mistaken there is a new fast coin called Hedera, this coin is quite new but the transaction speed is beyond doubt. you should try it instead of Tron.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
November 21, 2020, 02:41:31 AM
#67
At the moment Ethereum is I think fastest but I have also read about PolkaDot I never test it but the users say it is now the fastest blockchain. Actually, Ethereum has more load than others that's why some people compare it will low traffic blockchain.
How is ethereum blockchain be the fastest, it is not. I have made transaction with dash, ripple and digibyte before, there transactions are instantly or almost instantly unlike ether that will still take some minutes with high transaction fee. If not for the ethereum platform scalability issue, ethereum 2.0 will not be in process for launch.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
November 20, 2020, 06:45:33 PM
#66
If you are looking toward scalability in crypto, you can have a look at the first truly sharded architecture. Elrond is currently processing 150,000 TPS and achieve beyond this during the testnet which recorded 260,000 TPS. One thing that makes it unique is that it can scale further by adding more shards when needed which will increase the transaction processing power.
sr. member
Activity: 978
Merit: 250
November 20, 2020, 06:38:14 PM
#65
Any new blockchain will be faster than older because why do we accept slower TPS? Another point is "NEW blockchain always supports only a few users. We need more transaction speed from running all blockchain. I think we need a new one if Ethereum 2.0 can't touch the 10k TPS. Tron blockchain is fastest enough and has a low cost.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
November 20, 2020, 05:50:14 PM
#64
There are factors that can determine the speed of transactions. Most blockchains have good TPS but the load on it can delay transactions. Out of the block chains I have used tron comes out fast for me. Ethereum is also fast.
Ethereum is not so fast as another smartcontract platforms but it has offered a lot of features. The scalability can be solved through the fork but i think that we do not seriously need the most scalable blockchain. We have some scalable chain and that's more than enough. I see no reason for the smartcontract platform to offer more and more scalability because the team must see the scalability as a part of the development of the platform.
it's not only about how fast you are.
sr. member
Activity: 1400
Merit: 268
Fully Regulated Crypto Casino
November 20, 2020, 03:59:29 PM
#63
The article is quite missleading tho, their pick of 5 fastest crypto is Dash, Eth, monero, ltc, and NEO. I have never used NEO but the other 4 was not that fast compared to other new crypto with much better scalability like Tron or EOS.

The fastest Eth transaction I have made take 3-5 minutes, and I need to put quite huge gas on this. 15 seconds seems impossible. And LTC is not really famous for their fast transaction, it takes longer even compared to Ethereum. Dash and Monero is worse when they have huge trafic on their platform.

sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
November 20, 2020, 11:40:04 AM
#62
Almost every blockchain wants to transact their tokens fast. Fast transaction is not the main issue. The key is security. The use of the blockchain that can provide more security will increase.
Actually, there are three things that every Blockchain user should always pay attention to, the first thing is very clear, namely security, and the second is transaction speed, then the third is transaction fees, this is the basic thing that all blockchain users always pay attention to.
full member
Activity: 1610
Merit: 103
The OGz Club
November 20, 2020, 11:28:06 AM
#61
blockchain is becoming popular today, within the community or in an institutional environment,
but if blockchain is used slow and expensive, of course it becomes a problem, and my choice is Tron,
because fees are cheap and faster, are one of the good things in Tron.
legendary
Activity: 3178
Merit: 1054
November 20, 2020, 10:46:56 AM
#60
Well, based on my experienced Nem, TRX, EOS, and Ethereum are all good and fast to me.
These all are good to use when you want to make a transaction with them, and in terms of fees they are all
cheap also, so you won't regret it for sure in the end.

ETH actually isn't fast, you'd have to pick whether you want it faster or not. the option to pick how much you wanna spend for a transaction means by default its slow and that they only prioritize transaction when you pay higher for the transaction. i prefer EOS really, its the same thing after all I play games on EOS chain from casino to real online game.

fast transaction is important for different purposes, TRX and EOS simply delivers it well and same with some other blockchain like the Vechain.
full member
Activity: 728
Merit: 131
November 20, 2020, 10:28:27 AM
#59
Well, based on my experienced Nem, TRX, EOS, and Ethereum are all good and fast to me.
These all are good to use when you want to make a transaction with them, and in terms of fees they are all
cheap also, so you won't regret it for sure in the end.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
November 20, 2020, 09:53:27 AM
#58
Almost every blockchain wants to transact their tokens fast. Fast transaction is not the main issue. The key is security. The use of the blockchain that can provide more security will increase.

As long as the platforms are still using blockchain that has been running by a lot of nodes or stakers and that will improve the security of the blockchain itself. The problem is when the blockchain is not yet scalable and it will be so difficult to be adopted by the defi projects but this is not the problem at all because ethereum has proven it. AVAX becomes the most scalable chain right now.
It looks like security doesn't matter a lot in this case.
full member
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
November 20, 2020, 08:23:56 AM
#57
Every blockchain is fast if there are no users of it. Anyway, eth and eos are pretty fast ones. I can recommend ownr wallet for both

I agree with you, but the most important thing for now is the transaction fees from the blockchain and I think EOS is cheaper than Ethereum, because there are still few people who use the platform from EOS, so if we do transactions on EOS the cost is cheaper and faster than Ethereum, but I prefer to use the platform from Ethereum, because I am used to using the platform from Ethereum (since 2017 when ICO was popular), so I hope that in the future Ethereum will develop its platform to make the price and transaction speed even better from now.
member
Activity: 630
Merit: 10
November 17, 2020, 07:38:34 AM
#56
there are many fast blockchain systems, you can use Doge to send your coins in a matter of minutes,
and of course the fees at Doge are also cheap, I'm sure many traders use Doge as their transaction.
member
Activity: 124
Merit: 10
November 17, 2020, 04:09:17 AM
#55
Almost every blockchain wants to transact their tokens fast. Fast transaction is not the main issue. The key is security. The use of the blockchain that can provide more security will increase.
member
Activity: 476
Merit: 22
November 17, 2020, 03:36:45 AM
#54
Fast blockchain can still lack behind, the reason why most projects goes up to top ranks isn't because they are fast, thousands of coins are faster than bitcoin but yet bitcoin remains the best of the best, for me I care less about faster blockchain and care more about good utilities
member
Activity: 320
Merit: 18
November 17, 2020, 03:31:03 AM
#53
fast blockchain is not enough to give crypto coin the value.
security of blockchain, bigger amount of hashrate, beside to fast all give higher value to crypto coin.
jr. member
Activity: 66
Merit: 1
November 17, 2020, 03:26:00 AM
#52
For me now its Solana blockchain. Yes its new but its faster and cheaper to use than the old blockchains with its high TPS, lots of partnerships happening already and the foundation and community is good. The best for me this year.
full member
Activity: 504
Merit: 102
CLEARSIGHT- THE #1 BLOCKCHAIN JOB PLATFORM
November 17, 2020, 02:43:42 AM
#51
The fastest blockchain I know right now is Solana and Lamden. These two blockchains both claim to have a maximum reachable speed of 100kTPS. Although these two projects are too new to us because they have just launched their products. I have experienced these two blockchains and showed that the transaction is almost instantaneous, if the smart contract is popularly deployed on these two blockchains then great. Even so, it is too early to conclude anything as it is possible that in practice things will not be as good as the theory they created.
newbie
Activity: 28
Merit: 0
November 17, 2020, 01:48:20 AM
#50
I always use XRP for doing my transactions between exchanges.

It is very very fast, in few minutes I receive the XRP in the other exchange, and the fee for the transactions is normally around 0.25 XRP. At this prices of XRP, it is unrivaled.

Hope that helps
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