Cryptocurrency Q&A
How fast is the LTC transaction?
How fast is the LTC transaction?
KimonoElegance
Fri Dec 06 2024
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5 answers
1097
I want to know the speed of LTC transactions. How long does it take for a Litecoin transaction to be completed? Is it faster or slower compared to other cryptocurrencies?
5 answers
MysticStorm
Sun Dec 08 2024
This validation process is notably quicker than Bitcoin's, which takes 10 minutes to validate a new block.
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EmeraldPulse
Sun Dec 08 2024
The Litecoin blockchain operates on a different timeframe compared to Bitcoin.
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Caterina
Sun Dec 08 2024
Specifically, a new block on the Litecoin blockchain is validated every 2.5 minutes.
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CryptoSavant
Sat Dec 07 2024
As a result, Litecoin transactions are processed much faster than Bitcoin transactions.
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Raffaele
Sat Dec 07 2024
Despite this difference in block validation times, both blockchains share a common maximum block size of 1MB.
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