NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

ETH’s Slow Transaction Speed Makes Crypto Users to Choose XinFin

NewsBTC
NewsBTC
4 years ago
2 mins read
XinFin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

XinFin is a unique cryptocurrency with hybrid blockchain technology opted as a solution for crypto users. Ethereum is the first blockchain platform launched in 2015. It is the chief Altcoin among the crypto space. Its low transaction speed and high gas fees turn the developers and investors frustrated.

Flaws of Ethereum Network

Being a well-known blockchain platform with a wide network, ETH fails to serve the users with high transaction speed like other networks. Developers and investors are upset due to low transactional speed and high gas fees estimated for all transactions.

Initially, the gas value was added as an incentive for crypto-miners to develop the network. But the fact is, the gas fee still remains at the peak across 2021. This affected the casual investors to unuse any DeFi platforms for ETH transactions.

In February, one crypto investor shared the payment bill made on ETH platform. He points out a $74 gas fee for a Sushiswap transaction of $75. Ethereum holds developers and investors in large numbers. It supports many projects, applications and on-time services.

WTF??? pic.twitter.com/0luArQfeaK

— Ran Neuner (@cryptomanran) February 3, 2021

Moreover, ETH users feel about the long wait as it consumes 10-20 seconds for every transaction. Along with this, users are forced to pay the gas fee added to the transaction. This made the Ethereum users think about moving to an alternative platform with a convenient technological platform.

As an Ethereum user, the co-founder of blockchain tech-focused firms Kadena, Stuart Popejoy shares,

 “a deluge of transactions to serve the latest craze, simply because it is attracting more users than your app.”

Advanced ETH network, “Ethereum 2.0”  first look launched on December 1st, 2020 creating hype among the ETH users. Now the ETH team and creator Vitalik Buterin wait for the second block which is expected to be launched between 2021- 2022 with an innovative nature to serve the crypto market.

Alternative blockchain Platforms as Quick Solutions

As ETH failed to satisfy the needs, developers and users planned to quickly move to an alternative platform. XinFin hybrid blockchain platform encourages investors to perform transactions in less than 2-seconds. The main advantage of using the XinFin network is, it provides 2000+ TPS with a near-zero gas fee.

XinFin’s projects help users to save time by working in a streamlined manner. It enables businesses to build high performance with unique technological features. XinFin operating system assists speed transactions, security and liquidity for all projects.

Along with XinFin, the supporting blockchain platform is TRON. Tron launches its blockchain platform in 2018 with benefits of 2000 transactions per second, excelling over Ethereum. Tron ranks as a leading payment gateway with 0 transactional costs like PayPal.

However, the current performance of the ETH network disappointed the users. So High gas fees and low transaction speed all such issues must be fixed in the launch of  Ethereum 2.0. Only then ETH can wave its flag high in the crypto world.

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Top Launchpads Powering Web3’s Most Anticipated Token Sales

The crypto landscape continues to evolve with new developments, ranging from more sophisticated yield aggregators and tokenized securities to AI...

NewsBTC 5 days ago

$FUN Records 62.4% Price Rise in 24 Hours! Still Gaining on Binance

$FUN (FUNToken) records an exponential 62.4% rise in 24 hours amid new releases scheduled for later this year.  Highlights  FUNToken...

News BTC 1 week ago

FUNToken’s Current Rally Mirrors Past Bull Runs, Patience Could Pay Off Big

Crypto markets have once again entered a volatile phase, but one project is attracting focused attention: The FUN Token. Amid...

News BTC 1 week ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Celebrating a Milestone: UXLINK Marks First TGE Anniversary and Three Years of Innovation, One-on-One with Rolland Saf, CEO of UXLINK

News BTC 17 hours ago

Top 5 Crypto PR Agencies to Elevate Your Project in 2025

NewsBTC 18 hours ago

Interview with Mythical Games Head of Communications Nate Nesbitt

NewsBTC 4 days ago

Premium Sponsors

Press Releases

  • Ethereum Enthusiasts Easily Earn a Stable Daily Income of...

    6 hours ago
  • Hledáte nejlepší kryptoměny k nákupu v roce 2025

    Hledáte nejlepší kryptoměny k nákupu v roce 2025? Tady...

    9 hours ago
  • Cauți cele mai bune criptomonede de cumpărat în 2025?...

    9 hours ago
  • Tražite najbolje kriptovalute za kupnju u 2025. 4 top izbora za vaš portfelj

    Tražite najbolje kriptovalute za kupnju u 2025.? 4 top...

    9 hours ago
  • 今が狙い目の割安アルトコイン特集|注目すべき銘柄をチェック!

    ...

    13 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.