Post
Topic
Board Bitcoin Discussion
Re: Sick of the confirmation time...
by
Window2Wall
on 20/03/2015, 01:52:48 UTC
LTC confirms much faster.
Each confirmation on the litecoin network is much less secure and less certain to actually be included in the litecoin blockchain. Additionally the litecoin network has a much lower hashrate, so it would take a lot less for someone to attack it.

For both of the above reasons even having one confirmation on the litecoin network is generally less secure then having a 0/unconfirmed transaction on the bitcoin network

generally speaking, a well propagated transaction, with a 'proper' tx fee that does not spend any unconfirmed inputs should be considered to be "safe" after only a few seconds on the bitcoin network