What is the fastest feeless cryptocurrency?
As cryptocurrencies gain more popularity, their transaction fees have also increased, causing hurdles for smaller transactions. As a solution, new cryptocurrencies have emerged that provide fast and free transactions, making them more convenient for daily use. Following thorough research and testing, I have written this post to share my findings with you. Today, I will be focusing solely on the speed of these cryptocurrencies, which is determined by the time it takes for a transaction to reach its finality, allowing you to use the coins in your wallet. I hope you find this information interesting and useful.
Some of the recent tests can be found here:
https://youtube.com/playlist?list=PLxV0atvOL7LfFLUUONB7ttuCGd5zTBc6S
Nano (XNO)
Speed: ~ 1s-1 minute (varies)
Speed: ~ 2s-20 seconds
Koinos (KOIN)
Speed: ~ 3 seconds
Speed: ~ 3 seconds
Speed: ~ 3 seconds
IOTA (MIOTA)
Speed: 3s-5 minutes (varies)
Shimmer (SMR)
Speed: ~ 5 seconds
Hathor (HTR)
Speed: ~ 5 seconds
Speed: ~ 11 seconds
Skycoin (SKY)
Speed: ~ 12 seconds
Constellation (DAG)
Speed: ~ 20 seconds (varies)