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Question asked on Musing.io by philipkavan

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· @philipkavan ·
$0.30
Question asked on Musing.io
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properties (23)
authorphilipkavan
permlinkpknj86945
categorymusing-threads
json_metadata"{"app":"Musing","appTags":["cryptocurrency","crypto","blockchain","exchange","transaction","latency"],"appCategory":"cryptocurrency","appTitle":"How does the transaction handling speed and latency of a cryptocurrency exchange impact its users?","appBody":"I started wondering about this fact when I involved myself writing an article about a cryptocurrency exchange.I saw that the crypotcurrency exchange that I was writing about claim to have a transaction speed of 10 million transactions per second with a latency as low as 40 nanoseconds.\n\nThat was the time I started thinking:\n\nWhat is the benefit of using a cryptocurrency exchange that claims to have the fastest transaction speed and the lowest latency for transaction processing?\n\nI have already done a lot of online research but I have failed to gather a proper answer to this question.So I am leaving this task to the crypto trading genius of musing. ","appDepth":1,"musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"question"}"
created2018-11-14 11:52:54
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vote details (3)
@calprut ·
$0.90
Question answered on Musing.io
<a href="https://musing.io/q/philipkavan/pknj86945">View this answer on Musing.io</a>
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properties (23)
authorcalprut
permlinkf3nn9r9ex
categorymusing-threads
json_metadata"{"app":"Musing","appTags":["cryptocurrency","crypto","blockchain","exchange","transaction","latency"],"appCategory":"cryptocurrency","appTitle":"How does the transaction handling speed and latency of a cryptocurrency exchange impact its users?","appBody":"<p>The answer is very easy, speed determines satisfaction. I &nbsp;mean, if we use it for the following things, there will be a certain &nbsp;effect on the speed of the transaction process that crypto exchange &nbsp;offers.</p>\n<ul>\n <li>Trading: with speed, if we intend &nbsp;to trade crypto, we will never be late in the buy / sell order &nbsp;execution, which will have a big effect on our capital funds.</li>\n <li>Deposite / Withdraw: a slow speed will give a concern about the funds we have deposited, or when we want to withdraw the funds. Usually, this is experienced by beginners in the crypto world.</li>\n</ul>\n<p>In &nbsp;addition, the main purpose of creating crypto currencies over the &nbsp;blockchain network is about the speed of transactions that approach &nbsp;instant across borders, which traditional payment systems cannot do.&nbsp;</p>","appDepth":2,"appParentPermlink":"pknj86945","appParentAuthor":"philipkavan","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2018-11-14 12:00:54
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vote details (3)
@jassennessaj ·
$0.79
Question answered on Musing.io
<a href="https://musing.io/q/philipkavan/pknj86945">View this answer on Musing.io</a>
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properties (23)
authorjassennessaj
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json_metadata"{"app":"Musing","appTags":["cryptocurrency","crypto","blockchain","exchange","transaction","latency"],"appCategory":"cryptocurrency","appTitle":"How does the transaction handling speed and latency of a cryptocurrency exchange impact its users?","appBody":"<p>Honesty and Trust. </p><p>Steem is a reliable token having a blockchain that assures a 3-second transaction time with users managing the nodes are elected in the form of witness votes which means we these users are verified and \"Trusted\". </p><p>These witnesses ensures transactions are \"honest\" and recorded in the blockchain. This is what Steem a viable candidate for mass adoption and a complete scalable token catering lots of applications built on the blockchain.</p>","appDepth":2,"appParentPermlink":"pknj86945","appParentAuthor":"philipkavan","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
created2018-11-15 00:00:12
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vote details (3)