Post
Topic
Board Bitcoin Discussion
Re: Transactions speed prevent us from going to Mainstream ?
by
Jeremycoin
on 23/11/2015, 05:57:28 UTC
Could this be the reason , It's like 15-20mn to get at least 1 confirmation if I'am correct ?
Anyway the point is that we need some time to get transactions verified , could this actually prevent us from going to mainstream ?  I mean if you want to buy something from McDonald are you supposed to wait 15mn while that's the time of your launch break ?

When you are buying parking tickets are you also supposed to wait few minuts ?  Huh It wouldn't make any sense .

Honestly , I'am not even sure what controls the speed of the transactions .
More confirmations = More secure
I mean, if you have one McDonald restaurant are you supposed to not check the money that the costumer gives to you, cuz it can be a fake money.
When you are buying parking tickets, whether the machine doesn't have to scan the money? (What if you gave it a plain paper that has the size like money) Huh It wouldn't make any sense .

Honestly , the transactions speed depends on the miners. If there's so many transaction, the queues will be longer.