Cryptocurrency Q&A
How fast is THORChain?
How fast is THORChain?
Raffaele
Tue Nov 26 2024
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6 answers
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I want to know the speed of THORChain. Is it fast enough for my transactions to be processed quickly and efficiently, or will I encounter delays?
6 answers
ZenMind
Wed Nov 27 2024
It can range from a few seconds to several hours, depending on various factors.
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Elena
Wed Nov 27 2024
One of the main determinants of wait time is the assets being swapped.
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Maria
Wed Nov 27 2024
A transaction sent to THORChain undergoes four distinct phases.
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GangnamGlitzGlamourGloryDays
Wed Nov 27 2024
Additionally, the size of the swap and the current network traffic within THORChain also play a role in determining how long a transaction will take.
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CryptoAlly
Wed Nov 27 2024
Each phase plays a crucial role in ensuring the smooth and secure transfer of assets.
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