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Title: None Post by: Khaos77 on December 31, 2019, 04:20:39 AM ■²√
Title: Re: Will Bitcoin EVER have a bigger blocksize? Is there hope? Post by: squatter on December 31, 2019, 06:27:11 PM So Bitcoin recommends 3 confirmations for low $ amounts, (takes 30 minutes) in ZEIT that same 30 minutes buys you 60 Confirmations. I would place ZEIT 60 confirmations verses btc 3 confirmations any day of the week, as more than enough security, especially for micropayments. ;) That's just your opinion. Show me the numbers. I can't find hash rate numbers for ZEIT, but given that its total market capitalization is ~ 18 bitcoins and that it uses Scrypt for POW, it's obviously incredibly easy to attack. There is no comparison. Miners don't attack ZEIT because it's worthless. That doesn't mean it's secure. Title: Re: Will Bitcoin EVER have a bigger blocksize? Is there hope? Post by: gentlemand on December 31, 2019, 07:52:57 PM I can't find hash rate numbers for ZEIT, but given that its total market capitalization is ~ 18 bitcoins and that it uses Scrypt for POW, it's obviously incredibly easy to attack. There is no comparison. Miners don't attack ZEIT because it's worthless. That doesn't mean it's secure. Hey, let him buy that country estate with his, er, Zeit? That's if he can get more than $5 out of the market before killing it stone dead. I then look forward to him boasting about it on here so I can double spend the transaction using my Casio electronic organ. It's got a drum pad too. |