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Ledger Nano X - The secure hardware wallet
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XinFin Brings Solution for Ethereum’s Slow Transaction Speed By CoinQuora

26 May 2021
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XinFin Brings Solution for Ethereum’s Slow Transaction Speed
  • XinFin serves as an alternate solution for Ethereum’s slow transaction speeds.
  • XinFin could support up to 2,000 transactions per second (TPS).
  • XDC Network is best compared to ETH, DASH, , and many more.

XinFin (eXchange inFinite) serves as an alternate solution for Ethereum’s slow transaction speeds. Though many crypto fans see as the leading altcoin next to (BTC). Due to the issue of slow transaction speeds, many crypto developers look for an alternate solution to overcome the issue.

ETH users know transaction speeds could be accelerated by adding gas to motivate miners. This is considered to be one good move at times of high network congestion. Also, gas fees begin to rise with no limit across 2021.

On MAY 19, 2021, one crypto enthusiast paid $702.94 as gas fee for a $35,633.05 SushiSwap transaction.

Developers expressed huge concern at ETH’s congestion. This is mainly f…

This article was first published on coinquora.com

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


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