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10 confirmations that take 10 minutes is no more secure than one confirmation that takes 10 minutes.
by celticninja 13y ago
10 confirmations that take 10 minutes is no more secure than one confirmation that takes 10 minutes.
- dragontamer 13y agoFalse, but I'll give it to you because I don't feel like arguing. So we've got a system that allows for greater ease by having the potential for a 1-minute confirmation, vs a system that FORCES you to always wait 10-minutes. The system with 1-minute confirmations can always wait for multiple confirmations to increase security. But the system with 10-minute confirmations is forced. Instead, you have tons of sites that wait for 0-confirmations!! One system is more flexible than the other and solves a pressing need in the core system. Whether you like it or not, DOGE has learned from BTC's mistakes and is improving upon the status quo. I don't think DOGE is perfect quite yet though, maybe a few more "fun" currencies will come and go before we stick with a winner. But it is clear to me that BTC has too many core issues at hand for it to be the cryptocoin of the future.