Post
Topic
Board Altcoin Discussion
Re: Wanted: Mining pool to take out alt block chains
by
TheButterZone
on 24/11/2012, 18:43:18 UTC
Hahahahahaha. This thread is hilarious!

Don't you guys see? Successful troll is successful. My guess is that annette786 is just LukeJr's sock.

Just to aggravate the flamewar...
TheButterZone, your argument is completely invalid. Just because one Litecoin transaction you had didn't confirm before a Bitcoin one did, doesn't mean it's always or mostly that way.  Roll Eyes

And remember when Bitcoin was in its infancy? Just because there aren't many places that accept it, doesn't make it a bad idea.

Notice "transactionS". Wasn't just one ridiculously long confirm. Add that to the people I was dealing with saying that they never got fast confirms when it counted either, and I have to wonder if anyone but miners are getting quick confirms, as consistently shouted from the rooftops.

There can be only one.
The one cryptocoin to rule them all.
Bitcoin.

The statistical probability of a >10 minute block on Litecoin is much less than the probability of such a block on Bitcoin. Just take a look at http://explorer.litecoin.net/chain/Litecoin. And yes, I am getting quick confirmations in my Litecoin wallet.

If you have a slow network connection or are not connected to any peers then I can see how your client will not show any confirmations. But in reality, the transaction is still confirmed whether your client shows it or not.

Wasn't using a client to watch for confirms; hitting refresh every minute on the address's page at http://explorer.litecoin.net/ and it did NOT show a confirmation before at least 7 minutes 100% of the time. So much for "Litecoin gets one block or confirmation in 2.5 minute in average", SebastianJu. I'd have better "luck" flipping a bloody coin.

It's a simple question, really:
Do you mine LTC*? y/n

*and therefore defend it to the death, which Bitcoin doesn't require