how fast litecoin is transact?

[svsanya]

For LTC crypto currency, it is characteristic to quickly confirm exchange operations, which takes no more than two minutes. At the same time in Bitcoin such transaction will last from 10 minutes.

[Sakita Joana]

for the litecoin delivery transaction time is fast enough for me besides the cost is also cheaper than bitcoin, litecoin is my alternative choice for trading and shipping assets. maybe that's all I know about litecoin

[idhunter]

Very fast, about 5-10 minutes we can make transactions in Litecoin. But sometimes the transaction has a problem. The problem is that computer facilities that do not support, it can happen. Then it could be a bad internet connection which causes abnormal Litecoin transactions. So that is in my opinion.

[ponin]

The network will not slow down due to transaction volume. Instead, the transaction fees will increase to keep the transaction demand at a level that the system can handle. So right now, you can get a transaction fully-confirmed in about 10 seconds for a hundredth of a penny. In the future, that cost might go up.

[doranan]

The push toward blockchain technology, and cryptocurrencies in general, has everything to do with perceived inadequacies in the current financial payment system. In particular, the potentially long wait times associated with validating a transaction or payment, and high transaction fees as a result of banks acting as a middlemen, are what consumers loathe the most. Blockchain attempts to address these issues.

[aqury]

Bitcoin is slow except for when it's a large amount and you need to be totally sure it won't be reversed. In that case, 1 confirmation on bitcoin outweighs 4 on litecoin.

[roykiyosi]

Litecoin is the silver standard in the crypto market. Litecoin, another branched currency from Bitcoin, is quite fast and strong. It takes around 2:30 minutes to process the transaction in the next Litecoin block.

[samanti]

While similar to bitcoin in many ways, Litecoin has also incorporated several features (such as Segregated Witness) that are described as improvements to help reduce bottlenecks in the network and increase the speed with which transactions are carried out.

[simplex]

Litcoin  is  transact  the  stock  market  may  be  the  most  traditional  path  investors  have used  to create  wealth  over  time  but  in  recent   months  it s taken  a clear  back  seat  to  cryptocurrencies.

[Mr.X]

Based on the transactions in system I heard some coins is too fast to transact mostly in coins.ph transactions to organized the token properly and I beleived litecoin will be the one  tokens which now be needed in every requirement needed.

[Melon]

Litecoin is my alternative choice for trading and shipping assets. maybe that's all I know about litecoin. The transaction time for litecoin is quite fast for me besides the cost is also cheaper than bitcoin.

[Galon]

What I know, Litecoin is the silver standard in the crypto market. Litecoin, another branched currency from Bitcoin, is quite fast and strong. It takes less than 3 minutes to process the transaction in the next Litecoin block.

[glina]

Litecoin is one of the most prominent altcoins and was created by former Google employee and Director of Engineering at Coinbase, Charlie Lee. Litecoin was the first to alter Bitcoin and the most significant difference is that it takes 2.5 minutes for Litecoin to generate a block, or transaction, in comparison to Bitcoin’s 10 minutes.

[Anggit]

Litecoin is one coin that has a fast transaction time, Litecoin, another branching currency from Bitcoin, quite fast and strong. It takes around 2:30 minutes to process the transaction in the next Litecoin block.

[lopart]

In case of Ripple, these dynamics are completely different. The proof-of-work is only used to avoid denial of service attacks and not for processing transactions.