How long does a Monero confirmation take?
How many confirmations for a Monero transaction? A Monero transaction can be tentatively completed in as little as 1 confirmation in 2 minutes. However, the latest blocks in the blockchain are changeable until more blocks are added after them.
How many confirmations are needed for Monero?
You will need to wait for 10 confirmations for your received Monero before you are able to send it. What this means is your Monero is locked until it is mined in a block and then a certain number of subsequent blocks have been mined afterward to be confirmed.
How fast are Monero transactions?
Which cryptocurrencies have the fastest average transaction speeds?
|Market Cap Rank||Cryptocurrency||Average Transaction Speed|
|15||VeChain Thor||6 minutes|
•May 23, 2018
Can monero reach 1000?
In 2022, it has been predicted that Monero will almost double in price, which is great news for investors. The bullish trend doesn't end next year; WalletInvestor predicts that Monero's future price could reach as high as $1000 in 2026.
Which coin has the fastest Blockchain?
These eight coins are all faster than Bitcoin
- Ethereum (ETH): 25 TPS. The first cryptocurrency to use smart contracts.
- Zcash (ZEC): 27 TPS.
- Dash (DASH): 35 TPS.
- Litecoin (LTC): 56 TPS.
- Bitcoin Cash (BCH): 300 TPS.
- Monero (XMR): Up to 1,000 TPS.
- Ripple (XRP): 1,500 TPS.
- Solana (SOL) 50,000 TPS.
Sep 15, 2021
How long does Monero daemon synchronization?
An update at the end of 2017 – the blockchain is now well over 33 GB so you can expect the full sync to take ~3 days.
Who made Dash?
|Original author(s)||Evan Duffield|
|Initial release||18 January 2014|
|Latest release||0.17.0.3 / 7 June 2021|