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Strategies & Market Trends : Blockchain and Cryptocurrencies

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From: flashforward200911/20/2024 11:50:58 AM
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Interesting - "Bitcoin transactions need 1 to 1.5 hours to complete. Bitcoin transactions will usually be confirmed with one confirmation within 10 minutes. If several hours have passed without your Bitcoin transaction being confirmed, just wait" XRP - Unlike other payment methods that require multiple transactions to complete, a direct XRP payment executes in one transaction with no intermediaries, and typically completes in 8 seconds or less" "The average energy consumed for one Bitcoin transaction is 851.77 kWh, equivalent to about a month of electricity for the average US household." "the whole XRP ecosystem, including nodes, client servers and exchanges consumes energy below 0.005% of what BTC ecosystem consumes. Even if we consider this wishful, a more realistic 1% is still miles ahead in energy efficiency."
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