3 ms·
Too unstable and too slow to actually replace money, but it's definitely got a future as a supplemental currency.
by blueskin_ 12y ago
Too unstable and too slow to actually replace money, but it's definitely got a future as a supplemental currency.
- gnaritas 12y agoToo slow? It's faster than money, how is it too slow?
- blueskin_ 12y agoSometimes I've had to wait 15-30 min for multiple confirmations. Standing around in a shop for that long would not only suck, but be completely impractical.
- gnaritas 12y agoCredit cards take 90+ days to confirm; any shop making you wait for a single confirmation is doing it wrong. A zero conformation broadcast to the network with verification that several nodes have seen it is more than enough for POS uses and is near instantaneous.