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Title: Which stat determines Avg Confirmation Time Post by: blksith0 on April 18, 2017, 02:51:25 PM When BTC takes a long time to confirm transactions, and the network is clogged and etc etc,
https://blockchain.info/charts/avg-confirmation-time https://blockchain.info/charts As we know blockchain is currently facing size related scalability issues. Then looking at this list of other coins and some of their technical stats: How do you determine which are less likely to suffer some of those same problems? Title: Re: Which stat determines Avg Confirmation Time Post by: coinplus on April 18, 2017, 07:21:27 PM It is quite simple, you take the block sizes, you compare the miners hash rate, you take the difficulty in check and when take a look at how quickly you can fill up that block size and mine it as quickly as possible you see that confirmation times are quick or not. Doge for example has huge advantage over anyone else whereas bitcoin is the worse.
Why? Because bitcoin has limited supply and huge demand whereas doge has huge supply and limited demand. Title: Re: Which stat determines Avg Confirmation Time Post by: blksith0 on April 18, 2017, 08:14:26 PM Okay, so then assuming equal demand,
is it possible to determine which coins in the long-term will not suffer the problems with confirmation times & clogged network that BTC is facing rigt now> Title: Re: Which stat determines Avg Confirmation Time Post by: blksith0 on April 22, 2017, 04:52:57 PM Fine. Put $50 into all alt coins and pray.
Title: Re: Which stat determines Avg Confirmation Time Post by: blksith0 on February 04, 2021, 02:54:36 PM Fine. Put $50 into all alt coins and pray. Oh past-me, Why did you not heed this advice... |