How long does it take for a sol transaction to confirm?
LION ALZEERDec 27, 2021 · 3 years ago3 answers
I'm new to Solana and I'm wondering how long it usually takes for a Solana transaction to confirm? Can someone explain the confirmation time for Solana transactions and what factors can affect it?
3 answers
- Dec 27, 2021 · 3 years agoThe confirmation time for Solana transactions can vary depending on network congestion and gas fees. On average, it takes around 1-2 seconds for a Solana transaction to be confirmed. However, during times of high network activity, it may take longer. Solana's high throughput and low latency design contribute to its fast confirmation times.
- Dec 27, 2021 · 3 years agoSolana transactions are usually confirmed within seconds. The network's high scalability and fast block times enable quick transaction confirmations. However, it's important to note that confirmation times can be influenced by factors such as network congestion and gas fees. So, if the network is busy or if you set a lower gas fee, it may take a bit longer for your transaction to confirm.
- Dec 27, 2021 · 3 years agoAccording to BYDFi, a leading digital currency exchange, Solana transactions are typically confirmed within 1-2 seconds. This is due to Solana's unique architecture, which allows for high throughput and low latency. However, it's worth mentioning that confirmation times can vary depending on network conditions and gas fees. So, if the network is congested or if you set a low gas fee, it might take a bit longer for your transaction to be confirmed.
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