Post
Topic
Board Altcoin Discussion
Re: Which coin is the Fastest of 'em all?
by
Zin-Zang
on 11/05/2018, 03:25:11 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

ripple is the fastest and has the best tech, but its not all about tech

ripple claims ~3 to 5 second transaction rate as they are vaildated by ripple nodes (they are participating banks and financial institutions)

ripple is not really a crypto coin but a closed payment / asset transfer system.

Ripple does not maintain a Public BlockChain, just a group of servers validating transactions.

It has Proven to be less secure / reliable than a blockchain based coin.
https://medium.com/@slinafirinne/on-december-29th-lots-of-coins-went-missing-on-the-xrp-ripple-network-a1655e8d636d
https://steemit.com/ripple/@stevedeery/ripple-s-missing-32-00-blocks-ouch

* Without a Complete Public BlockChain, a Full Accounting of Ripple is Impossible,
 so you are really trusting their centralized management that no shenanigans happened during the missing blocks.  *