5 Second Transaction Speed: Why Stellar Lumens Is The Fastest Crypto and A Great Long Term Hold

Feb 24, 2018

“For a truly decentralized payment platform, 5 seconds is just about the fastest out there. Buy Stellar.” - Dave Levine

(click to tweet)

Don’t overlook transaction speed.

It’s the initial reason we all became interested in cryptocurrency. We heard it would solve the multi-day delays of PayPal and standard wire-transfer. But now, as the scene has grown with bells-and-whistles technologies, we’ve become distracted and forgotten about this core principle. Which crypto out there is the fastest?

On today’s episode of The Bitcoin Crypto Mentor Mastermind show we are joined by Dave Levine to discuss why Stellar Lumens is a great long-term hold. With his personal business on autopilot making $14 million/year, Dave has committed his life to researching and understanding cryptocurrency. His insights will help propel us to make the $700,000 he’s made in the past year investing in cryptocurrency.

Don’t forget! You can also listen to The Tai Lopez Show on Spotify! Click “Follow” and let me know what you think!

“Research what IBM and Stellar Lumens are doing. It will be a network that’s integrated and grows around the world for years.” - Dave Levine

(click to tweet)

Points to Keep In Mind

• Follow winners like Jed McCaleb and Warren Buffet
• For a truly decentralized payment platform, 5 second transaction speed is just about the fastest out there
• Transactions per day just shot up to 30,000 from consistent average of 10,000
• Cost per transaction = $.00003
• • The reason there is a cost is to prevent spam
• IBM is using the Hyperledger blockchain platform for contracts
• Ripple forked to create Stellar
• Stellar is a rewrite of Ripple’s consensus algorithm