Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
by
Bitinvestor
on 07/02/2015, 08:06:36 UTC
It seems to me that Counterparty has a lot going for it but will it always be considered "slow" compared to other 2.0 tech since it's based on Bitcoin which takes a long time to confirm transactions?

The developers chose Bitcoin because they think it's the most secure blockchain (this is debatable). I agree with you that Bitcoin's slowness is a major drawback for Counterparty and that it is hindering its adoption. However, it's possible for Counterparty to move to another blockchain. If enough people complain about it then they might do it.