Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is too slow
by
GregH37
on 11/07/2016, 15:16:05 UTC
Transactions are too slow. Will someone fix it or do we need a better coin?
no transactions are not slow it depends number of blocks, and when fined a block confirmation need from 1 minute to 30 min) max time is 1 hr
And some time the transaction fee also effect the transaction. when you add low fee for transferring a lot of bitcoin. then the transaction will surely stick for long time. and even some time it never confirm and again the funds reverse to sender's wallet.