They will both hit the ground at the same time because gravitational acceleration for all objects is the same.
The kinetic energy of an object is directly proportional to its mass, and to the square of its velocity.
A transverse wave is a moving wave in which the current is perpendicular to the direction of the wave or path of propagation. A longitudinal wave are waves in which the displacement of the median is in the direction of the propagation.
Example:
Transverse- pond ripple
Longitudinal- crest and troff