[2014-09-08] CoinSafe May Have Solved The Bitcoin Transaction Speed Problem

[mercistheman]

http://techcrunch.com/2014/09/08/coinsafe-may-have-solved-the-bitcoin-transaction-speed-problem/

Bitcoin transactions aren’t actually instant. Because each transfer requires a number of confirmations via the mining process, some Bitcoin moves can take minutes or even half an hour. CoinSafe, however, may have created a solution that can process BTC transactions in seconds.