3 ms·
Please tell me what blockchain will be able to complete the block to write the transaction in seconds? Bitcoin confirmation times are at 18:29. Yes, that's obvi
by filmgirlcw 5y ago
Please tell me what blockchain will be able to complete the block to write the transaction in seconds? Bitcoin confirmation times are at 18:29. Yes, that's obviously going to be faster than sending a wire through a bank, but stop with the hyperbole!
- seibelj 5y agoEthereum is 15 seconds, Solana is sub 1 second. Lightning network for bitcoin is speed of the internet with irreversibility. Like most HN crypto haters, you know barely anything on this subject so you repeat a bunch of misinformation. Very common and disappointing.
- NicoJuicy 5y ago15 seconds is way too much. Most of them are way too expensive compared to traditional methods and even lightning doesn't solve it for new paths. Additionally, they are experimenting with your money on lightning since there is still the Canadian traveler problem. And lightning goes directly against the "spirit" of Blockchain. Centralized and offchain transactions that could be stored with sqllite... It's just a workaround causing new problems for a problem that already have been fixed.