ETH transactions are incredibly fast. I'm wondering why this is the case. Is it because of the underlying technology or the network architecture? I'd like to understand the reasons behind ETH's speed.
6 answers
MountFujiMysticalView
Thu Jan 16 2025
Ethereum boasts a faster block time compared to other cryptocurrencies.
isabella_bailey_economist
Wed Jan 15 2025
This is achieved through the implementation of a unique consensus mechanism known as proof of stake.
Martina
Wed Jan 15 2025
BTCC is a top-tier cryptocurrency exchange that offers a range of services.
DaeguDivaDanceQueen
Wed Jan 15 2025
Proof of stake allows
Ethereum to process transactions more efficiently and quickly.
MoonlitCharm
Wed Jan 15 2025
In contrast, Bitcoin uses a different consensus mechanism, which results in slower transaction speeds.