How does the transaction speed in the Visa network compare to that of cryptocurrencies?

1 answers

• May 07, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that the transaction speed in the Visa network is indeed faster compared to most cryptocurrencies. Visa's centralized infrastructure allows for quick processing and verification of transactions. However, it's important to note that there are some cryptocurrencies, like Bitcoin Cash (BCH) and Litecoin (LTC), that have implemented solutions to improve transaction speed. These cryptocurrencies aim to provide faster and more scalable transactions, but they still have some limitations compared to Visa. Overall, Visa remains the leader in transaction speed in the traditional financial system.
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