How does the transaction speed of Litecoin compare to that of Solana?

1 answers

• Bill PhamAug 30, 2022 · 3 years ago
  As an expert in the field, I can tell you that the transaction speed of Litecoin and Solana is quite different. Litecoin has a block time of 2.5 minutes, which means that it takes about 2.5 minutes for transactions to be confirmed on the Litecoin blockchain. On the other hand, Solana aims to achieve near-instantaneous transaction speeds by utilizing a unique consensus mechanism called Proof of History (PoH). With PoH, Solana can confirm transactions in a matter of seconds, making it one of the fastest cryptocurrencies in terms of transaction speed. So, if you're looking for faster transactions, Solana might be the better choice for you.
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