Post
Topic
Board Bitcoin Discussion
Re: Sick of the confirmation time...
by
btcbobby
on 21/03/2015, 00:44:46 UTC
LTC confirms much faster.

This is a disturbingly common misconception.  The security afforded by a 2.5 minute average confirmation block is 1/4 that of a 10 minute average confirmation block.

IT might be 1/4 as much security, but, at least for that first confirmation, you can at least see that it had valid inputs. That is worlds more security than accepting a zero confirmation transaction.