If you had to choose between faster transaction time and security/privacy what would be your choice? - Page 8 - 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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Ideally, I would go for privacy and security but the fact that the transaction time is reasonable reduce will have me go for speed, when a transaction is fast tracked it means that there would be minimal security challenges 

Edited by Froshk
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I would always go with security and privacy, although there are some developments and perhaps we will manage to have all speed and security together with a decentralized environment. Bitcoin is moving with LN into this direction and ethereum with sharding.

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If I have to choose I will choose security/privacy because the security of a coin is very important. If a coin doesn't have security then it's can be hacked or stolen. 

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I always Love a coin which is fast on transaction as waiting time kills me when an using Cryptocurrencies as a medium to send more, as in the real world sending through takes time, an we're already used to it. Then on security,I love to be on a secured network, am clueless on which to choose from one of them

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40 minutes ago, Joseph J said:

Personally, I prefer the security that is safer to receive transfers or withdrawals. and choose between a faster transaction, securityis what matters and a little privacy, you just have to have a little patience and wait to receive the funds from the transfers that normally take around 30 minutes depending on the number of confirmations.

 

 

Yes my friend you right the most import is the security.faster transfers no matter.

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По рассуждав на эту тему, я могу сказать с полной увереностью что конфенденциальность важна в первую очередь для обезопасности себя и своих близких, а уже потом можно задуматься о быстрых транзакциях.

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If I can choose between security and the fast transaction I will definitely choose the security and dont care about the time they take because if the coins don't come it's a problem but if they come with little bit more time no problem 

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A very tricky but reasonable question. The questions is very OK.  For me I will choose privacy that why I like transactions that happen in the cryptocurrency block chain these transactin is private no intermediary which Is the best thing to do. I will go for privacy

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О какой безопасности в крипто индустрии идет речь уже сомнительно! На днях удивила новость что все же кто-то нашёл ключ к BTC адресу в котором на миллиард  - все мифы про безопасность самой надежной монеты тают с каждым днем.

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I think security and privacy is more important. I think so because inorder to sustain and survive in the forum you actually require your account to be safe and existing. So I really think it's important.  Transactions are also important but without these there are chances for loosing money.

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First of all my first priority is security because if your money is not secure then what will you do by privacy. In my opinion in security the privacy belongs through it. It means that security's second name is privacy.

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Hey buddy whats up .

If had to choose between fast transection and a security. So i will go with the safe and secure because in this my miney and info is keep secure and i don't have the headache of the security reason. 

And cryptotalks is one of the best forum in case of fast transection and security and privacy all you need to be fair with it.

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from this point of view, I think I will rely on currencies that are characterized by the best security or privacy, despite the slow transfer process, but at least I guarantee that I will get what I want. even if he's delayed for a long time or something, it doesn't matter. As for whether you want to convert your currency quickly you are here to take risks.

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Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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I would chose the security over the fast transaction since what you will do for the fast transaction if your crypto got hacked or got stolen. So I would definitely choose the safest method of transferring my crypto even if it takes time at least I will assure that it is safe.

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For me security is the most important thing, if the transaction is late too I still want the money to be safe and in safe place, I don't want to lose my money in any way and by anyone.

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If I had to choose between faster transaction and security of my cryptocurrency assets, I will be choosing security, because it's an important aspect, and without security all the crypto funds will be at risk. Hackers can easily hack the wallet and get access to the funds, this would result in the loss of funds due to weak security. So, simply comparing between these two factors, in my opinion security is more important, and we need to be aware if our wallets are secured and protected, so that hackers can't be accessing our wallet and stealing our funds.

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These two are very important but if i may to choose this might be a hard one because all of them are very imporatnt but however i would choose security privacy because security is my number one priority it is nit helpful to have faster transaction time for what if there isno security to my assets

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There are many options from trx, xrp, and ltc. As for the dependent safety and complete confidentiality, there is the Zcash currency, where its fees are not low, but it is distinguished from the rest of the currencies by hiding the addresses or it is possible to transfer the transmission line and point it between the wallets and I think this feature will increase its price very much.

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I think that the transaction is an important issue  but safety is the most important issue, and there is no problem in choosing the speed of the transaction if it is traded with currencies of high security.

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I prefer security first.everone will prefer security . because without security and privacy you will loss your earning by hackers.so in my opinion time and speed doesn't matter.we should strictly follow the rules to improve our security.

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On 7/12/2020 at 2:56 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?

Both are really important in well functioning of cryptocurrencies. If I had to choose one of them then I would prefer well maintained privacy and security. Because it's really important that our information must be secured while working in such sites . If our information are secure and private then it's okay if it takes time in transaction. We would be relief if we know that our information is secure . 

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Security is irrefutably above speed, why prepare I choose a fleeting transaction putting guarantee at risk? It would be risky and bringing up the rear money is not I beg your pardon? we are looking for, nearby are platforms that bid mutually and of flow individuals are the ones we use, but as you involvement if I give rise to to want between the two confidence initially
 

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On 7/12/2020 at 11:11 AM, 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 think security of our funds is more important on this one and I'm choosing those crypto with good security but not fast in transactions because I know my funds are safe when using it even if it takes one day for a transaction to be processed.

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Of course, I will choose security in the first place, there are safe and fast transactions at the same time, but the fees are different, and they rise in the case of requesting transmission speed, and I do not always use it.

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For me I choose security transaction because with that security even if one can not withdrawn at a particular time with this security nothing will happened to what ever you have in your account.

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