If you had to choose between faster transaction time and security/privacy what would be your choice? - Page 16 - For Beginners - CryptoTalk.Org Jump to content
lharost

If you had to choose between faster transaction time and security/privacy what would be your choice?

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Securities and the privacy or necessary for the account saving and get rid from scams so with the leading of privacy and secure i will select the yobit first from yobit you can do invest trading and earn money in short period

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Obviously I want the securitybecause if I have the security in my currencies then the time doesn't matter because I know I will have the profit eventually. But there shouldn't be any compromise with the security because it is one of the most important thing in online. Because there is no security in online sites.

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@lharost Personally, I would choose cryptocurrency with security/privacy rather than that with faster transaction time but nowadays there are cryptocurrencies with both features as we can refer to Litecoin which has both faster transaction time and security/privacy with low transaction fees

download - 2021-01-13T123753.937.jpg

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I would prefer to choose security and privacy.my account will be safe from scammers and I will be rest assured that anytime I need to do transaction am in a safe hand even if the time for transaction is not fast

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When you need to withdraw income from yobit quickly and then you try to withdraw high rates then you are want to pay amount and you also pay extra amount then you are not urgent case then you does not pay high rates and you will use those wallets that are less fees.

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I also think privcy is more important because it ensure our money our earning is secure if there is no privcy then there will be nothing so be patient and loyal your money is not going any where .

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Security would be my priority. Because without security or your work is a waste of time. And if you don't have problem security all the amount you earned by working harder would give no value. So I go for the security. You have to secure your account with a strong and bold password as requested in the begining by the forum.

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For me, i'm the nice foreign money that offers pace in transactions due to the fact privacy does now not count to me a great deal, but I suppose that whales who have quite a few cash care about privacy more.

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Dear friend I am new to this forum.  So I don't know much about this site.  I have very little idea about it.  But I want to learn a lot more from this site and learn from the experts.  I hope I get an idea about this through your post.  Thank you.

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Faster transaction time and security and privacy prefer security and privacy then fast transaction time if third are not security and privacy or cannot have the opportunity of utilizing is time on thing talk more to say of enjoying it.

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On 7/12/2020 at 2:11 PM, lharost said:

In crypto space we have some coins that gives you faster transaction speed but some of them might not have the best security or privacy features while there are also some other coins that offer security or privacy but they are not as fast.

 

What would your choice be if you had to choose only one between fast transaction speed and security/privacy?

Yes dude there are some coin which are providing you fast transactions but have some security issues. So we should depend on the coins which have much less security issues and more safe rather than go for fast transaction

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Both are necessary for your account. Some currencies gives us faster transection and some has low fee  but security is very necessary for any exchange or wallet. In my opinion security is the best option for any users.

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@lharost i think security and privacy  first because if our coins are safe we can send them anywhere and get money by withdraw them but if we choose fast coins our coins are in risk and we can't take risk for our coins. 

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I will pick wellbeing over exchange speed since I need my cash to be protected and not in a surge. I am pulling out in Litecoin cash, as it is extremely protected and exchanges in it are likewise quick. There is no compelling reason to hazard we need to pick wellbeing over speed, as I would see it.

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As far as my opinion is concerned I will absolutely prefer safe and secure source of getting money and also store my coins, personally I'm using Yobit for coins exchange and storing coins where I experience comfortable environment. 

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I think privacy/security Is most important then the fast transaction speed because if you're account is not secured then you're money could be stolen but if your account is secured then you get you're money one day.

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As for me, I will choose security and privacy so that we do not lose money in it. As for speed, we will not get anything through it other than wasting time because it does not give the required results, so we must be safe until we achieve what we want.

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I will prefer to choose security and safety because without security a wallet is nothing and there is no use of saving your currency in it. Is transaction take some time but it transact safely without and lose than it is here then lose security

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On 7/12/2020 at 2:11 PM, lharost said:

In crypto space we have some coins that gives you faster transaction speed but some of them might not have the best security or privacy features while there are also some other coins that offer security or privacy but they are not as fast.

 

What would your choice be if you had to choose only one between fast transaction speed and security/privacy?

I will always prefer the security or privacy features because without security we can lose our money easily then what we will do to the transaction speed. Therefore I will give advice to my friends that always select the security features. 

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Well, according to me, it depends the case in which situation I will found. Mostly I will prefer security and privacy for protect our data and money. But if the situation of emergency needs such as payment, for medicines, then I will definitely choose fast payment. 

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There are many altcoins with new blockchain features and transactions speeds. it is hard to know what coin is the leader But from my experience the Nano blockchain has the most transaction speed. Although NANO's transaction speed is fast But we should not invest on this coin. I think it is dying slowly.

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Apart from others I choose fast transaction over security. In my opinion almost all crypto currencies are all equally secure. But in case of transaction, while we are doing trading the value of time is very much higher. Because the market is very volatile so the next seconds we cannot predict. I hope that everyone understood my concern. Please appreciate the post if you agree with me and show your replies if you disagree.

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I obviously choose the second option because with this my all profit is completely safe without complete security our profit is at risk so I always prefer the complete security of my money

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I'll select the privacy and the security because security is most important because our wallets is secure then our coin will also secure. Transaction fee is affordable but lost of money 💰 is not affordable. So I'll prefer the security.

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Of course, I will choose security and privacy.

Working with fast currencies that lack privacy and security will keep us anxious

We may lose all the work that we did in one moment ... if our accounts were hacked and broken into.

 

As for working in safety and privacy, such as our work here on the platform, it gives you comfort .. Money may come with difficulty or after a long time, but we are sure that it is kept and safe.

 

is not it?!

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