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Author Topic: Which blockchains are the fastest?  (Read 5566 times)

Offline wallet4bitcoin

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Re: Which blockchains are the fastest?
« Reply #60 on: October 23, 2024, 03:14:38 PM »
CoinGecko made a study of the fastest blockchains, it is about daily average transactions per second (TPS)
Solana reached a record high of 1,504 on 6th April.

Interestingly, Bitcoin is only on the 20th place



Source: https://www.coingecko.com/research/publications/fastest-blockchains?utm_campaign=Data%2BVisualization&utm_medium=social

What do you think, how important is speed and what does it mean for the future of each blockchain?

It is no doubt that Solana still takes the lead amongst the fastest blockchain in the world of blockchains although it has encountered a bug that made its network to freeze on one or two occasions (https://www.binance.com/en-NG/square/post/250616), it has remained the fastest chain so far.
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Re: Which blockchains are the fastest?
« Reply #60 on: October 23, 2024, 03:14:38 PM »

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Offline Cryptosmart

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Re: Which blockchains are the fastest?
« Reply #61 on: November 10, 2024, 02:05:39 PM »
CoinGecko made a study of the fastest blockchains, it is about daily average transactions per second (TPS)
Solana reached a record high of 1,504 on 6th April.

Interestingly, Bitcoin is only on the 20th place



Source: https://www.coingecko.com/research/publications/fastest-blockchains?utm_campaign=Data%2BVisualization&utm_medium=social

What do you think, how important is speed and what does it mean for the future of each blockchain?

It is no doubt that Solana still takes the lead amongst the fastest blockchain in the world of blockchains although it has encountered a bug that made its network to freeze on one or two occasions (https://www.binance.com/en-NG/square/post/250616), it has remained the fastest chain so far.

Solana..but maybe klaytyn would flip it or probably solana

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Re: Which blockchains are the fastest?
« Reply #61 on: November 10, 2024, 02:05:39 PM »

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Online Crypto Library

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Re: Which blockchains are the fastest?
« Reply #62 on: November 24, 2024, 07:44:53 PM »
I have used the BSC, TRX and TON network really well and the one I can see to be very fast is the BSC network especially when sending out USDT stable coin through the network. I have used others I mentioned also in several occasions but my top pick is the BSC network. Congestions may happen time to time in the network but I haven’t been stuck in a network congestion that is not allowing my transaction to pass through quickly. According to Coigecko statistics, Solana seems to take the first position but since I’ve not used that network as much as I can remember, I can’t say confidently that it is very fast like the rest that I’ve used.
As far as I thought that Ton network is the fastest network because among the ones I have done transactions on so far, TON network transactions seemed to me to be the fastest. Is this just my opinion or is it true that at that time I got the fastest transactions on any network congested issue reasons, I can't say.
However, I think that transaction speed is a big matter for altcoins. If we talk about bitcoin, it is already successful in terms of security and trust, but altcoins are its alternative. In this case, since security and trust are already present in bitcoin, improving other aspects such as transaction speed to gain market share for altcoins will definitely be a plus point for them.

 

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