Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Litecoin Forum => Topic started by: steve1983 on March 22, 2018, 03:37:30 PM
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Did anyone having a idea about transaction time for the litecoin?
Is it fast or takes much time?
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as long as I do withdraw or transaction, I feel using litecoin faster, about 10-15 minutes to process withdraw to wallet, but depending on market that you use, make sure not being maintenance
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Approximately every 2.5 minutes the litecoin network generates a block—a ledger entry of recent litecoin transactions throughout the world.
Confirmation of transactions sometime depending on Litecoin blockchain congestion at the time you initiate your transaction.
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few seconds but its not a true text unless there is mass adoption of crpyto. Visa transactions 100,000 transaction a minute
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Would be good to know it and see the real numbers comparing to other altcoins. For example I heard that STeem is very very fast coin.
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Did anyone having a idea about transaction time for the litecoin?
Is it fast or takes much time?
The transaction here in litecoin is nicer than the bitcoin because its fast. Because of its block spacing of 2.5 minutes than the block spacing of the bitcoin 10 minutes.
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It was designed to be 4 times faster than bitcoin, bitcoin takes 10 minutes so litecoin transactions get mined in 2:30.
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should have named it Bitcoin Silver in hinesight.. since Roger Ver was allowed to kidnap the name and exploit it Charliee Lee should have as well.
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All transactions are fast when no-one is using it
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It won't take much time, fast is litecoin advantage.
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I feel using litecoin faster for about a few minutes to process withdraw to wallet but depending on market that we use.Make sure not being maintenance.Confirmation of transactions sometime depending on Litecoin blockchain congestion at the time we initiate our transaction.
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Did anyone having a idea about transaction time for the litecoin?
Is it fast or takes much time?
Approximately 2.5 minutes and also Litecoin also has a maximum supply of 84 million tokens (four times that of Bitcoin’s) of which 54.26 million are currently in circulation.
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Normally it takes 10-20 mins to get verified while making 1st transaction (please fill in all info in verification form correctly and use good quality pictures) and another 5 minutes to make a Payment!
You can refer here https://paybis.com/buy-litecoin-with-credit-card/ (https://paybis.com/buy-litecoin-with-credit-card/)
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Did anyone having a idea about transaction time for the litecoin?
Is it fast or takes much time?
I think the speed of Litecoin transaction is really the same to other popular crypto like bitcoin and ethereum.
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I think that depend by the fees you use, bigger fee make it faster transaction. That is my experience.
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Did anyone having a idea about transaction time for the litecoin?
Is it fast or takes much time?
I think litecoin is faster transaction speed than bitcoin, It also cheaper transaction fee.
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Litecoin is better than bitcoin, it has a fast transaction because litecoin has lesser transaction fee.
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Litecoin is better than bitcoin, it has a fast transaction because litecoin has lesser transaction fee.
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if I feel myself for litecoin transactions it is very fast, because only a few minutes we can, and litecoin is one of the very good coins.
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The litecoin process will grow very quickly, of course, and more
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Compared to bitcoin’s block time, Litecoin generates network blocks 4 times as fast on the network. It takes an average of 2.5 minutes for this process to complete.
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Litecoin has the faster transaction than other crypto coin because it only takes 2.5 minutes in block spacing while others would take 10-15 minutes to finished.
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All transaction are fast and it depends on the internet speed but Litcoin has a 2.5 minutes in block spacing.That's why many investors like this coin than other crypto coin in terms of transaction speed.
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I am one of the people who likes to use Litecoin, because I like the speed of transactions owned by Litecoin.
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transaction in litecoin is very fun because we know for ourselves that litecoin has a very fast and good transaction speed.
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to transact or transfer using litecoin is very fast and good for us to use and the cost is still relatively cheap.
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Litecoin transactions are at a fast pace. Litecoin deals with securities so people are more involved in it. Litecoin deals very fast with bitcoin. It is seen that Litecoin's price is very low now. I think that the price may increase in the end of the year.
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Litecoin produces 3 times faster network blocks on the network. It takes an average of 2.5 minutes to complete the transaction process. Compared to the time of other altcoin blocks.
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I think the transaction is less than 15 minutes to complete and arrived with a safe in the wallet. I don't have any problem to transfer from one wallet to another wallet, and I satisfy with this. The fee is not too big depends on the other coins, and I am fine with the fee because the fee can help the network to works correctly.
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My experience in making Litecoin withdrawals from my wallet is to spend a long time and for me it is only a short time. I can take around 5-10 minutes and pull the Litecoin I have.
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Wakru deals with Litecoin very quickly, which is why many people choose transactions with Litecoin, the price is now very affordable to invest.
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litecoin is a very good coin, and I really like litecoin because the speed of litecoin is faster than bitcoin, and that's one of the advantages of litecoin.
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I have no problem transferring from one wallet to another, and I'm satisfied with this. The cost is not too large depending on the other coins, and I don't mind the cost because the cost can help the network work properly.
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I don't think it will take a lot of time to make transactions. Because everything depends on us just when the right time for the Transaction and we can make the right time. I don't think it will be difficult as long as the internet network is still there and not slow, then in the transaction will also be fast.
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Based on I heared of all members who join for a long long time it will depend the transaction of litecoin but mostly happened will be so fast in terms of transactions because of the programs is not too strictly in litecoin requirements.
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Fast Light Litecoin Transactions. In fact, Litecoin prices have been stagnant since then. However, Litecoin only proves the opponents of error. Yesterday, transactions worth $ 99 million were made through Litecoin for an extraordinary fee of only $ 0.44, and under 150 seconds.
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Litecoin only takes about 2.5 minutes for each block created.
Faster Transaction Time. Because the block generating process is created 4 times faster than Bitcoin, the transaction verification speed automatically becomes 4 times faster.
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Litecoin has lighting network hereby we can send payment high speed and high secure . The light network is handling hundred thousand transactions per second . Litecoin lighting network is advance than Bitcoin technology.
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I've seen transactions worth $ 99 million made through Litecoin for an incredible fee of only $ 0.44, and under 150 seconds. this is amazing.
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I am so interested this question because I want to know and learned the litecoin how fast is it transaction by using the days is coming someday.
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When viewed technically, transactions using LTC are instant. Litecoin is able to complete transaction transactions faster than Bitcoin. If BTC is able to make transactions in 10 minutes, LTC is able to do it 4x faster, which is 2.5 minutes.
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Depends on If the time runs smoothly, about 10 minutes is the longest. But if there really are problems and obstacles such as facility constraints and some internet connections that are not good and intermittent can slow down the transaction in Litecoin.
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I am very happy to use or buy litecoin because I strongly believe that litecoin is very good for investing and very potential and litecoin also has a very good transaction speed
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Depends on the volume and number of our transactions in Litecoin. On the other hand, internet connection and computer devices determine the speed in conducting transactions in Litecoin, so that's according to my observation about how fast Litecoin is in making transactions.
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I feel it depends the signal of your own phone but for me in terms of litecoin transact us nothing to worried because it will easy to communicate in system to entering about transactions of litecoin.
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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.
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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
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.