Post
Topic
Board Altcoin Discussion
Re: Which coin is the Fastest of 'em all?
by
Zin-Zang
on 10/05/2018, 10:03:00 UTC
With ETH I never had to wait more than 2-3 minutes to complete a transaction. Heard a Lot of good words about the speed and recently tried LTC. Took 19 mins to complete my first transaction  Undecided Tron and NEO founders promise lightning speed, never tried yet. Some guy from this forum just claimed DigiByte transfers to complete in seconds.
I am puzzled. I really need a faster coin that charges Lowest tx fees to HODL as well as to use regularly. Share your favorite coins that you personally experienced/used. How Long does it take to complete a transaction and how much is the fee.  Roll Eyes

ZEITCOIN  
OnChain Specs
Blockspeed is 30 seconds.
Recommend wait 4 confirmations (2 Minutes), but you can send it after 1 confirmation (30 seconds) from your wallet.

Transaction fee is .1  with plans to lower it in the future.
Current price is only 1 or 2 satoshi per zeitcoin

It has a Ultra Low Interest rate, so it price is pretty stable compare to others.
If you stake the coin, you can offset the transactions fees.
https://coinmarketcap.com/currencies/zeitcoin/#charts

Here you can see exactly how many new coins are generated per day. Less than 500 new coins per day.
https://chainz.cryptoid.info/zeit/#!overview

You can see how fast it works Onchain by looking at the block explorer here:
https://chainz.cryptoid.info/zeit/


Offchain Specs
You can bypass the transaction fees and have instant transactions if you use Cryptopia or Trade Satoshi Offchain System to transfer zeitcoins.
These Offchain transactions only take place on the exchanges and you send the coins to a user name instead of a coin address.
If you withdrawal your coins from these exchanges to your onchain wallet, Trade Satoshi charges 2 zeitcoins and Cryptopia charges 10 zeitcoins for withdrawal fees.