4 ms·
This tweet made the point about speed more explicitly https://nitter.dark.fail/_geonic/status/1379965832369823744#m https://nitter.dark.fail/_geonic/status/1379
by hyc_symas 6y ago
This tweet made the point about speed more explicitly
https://nitter.dark.fail/_geonic/status/1379965832369823744#m https://nitter.dark.fail/_geonic/status/1379965832369823744#...
Block time isn't really the obstacle the detractors are claiming it is.
- qqii 6y agoAs the article describes you cannot spend any transaction until a fixed number of block confirmations. This is a non issue if you already have coins in your wallet but it's not a very pleasant first time experience.
- ac29 6y agoBut is ~20 minutes really such a deal breaker? For secure person to person payments, this really seems good enough. The network doesn't need to facilitate high frequency trading or something.