Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is too slow
by
StarofBTC
on 15/07/2016, 15:13:58 UTC
Transactions are too slow. Will someone fix it or do we need a better coin?


You probably have a slow internet connection, I don't think there has ever been a transaction that took up to a day. However as the size of the block chain increases, we might have that, maybe 25 years from now.

Though there are altcoins that take less than 10 minutes but that's because they have a smaller blockchain size.
hahaha. you must be kidding or you don't know about transactions and their way of work?
a transaction has no connection to the sender and the receiver. when someone send some bitcoin to a bitcoin address, then it is done from the side of sender. now it is up to the main system to done that transaction.
some time transaction will get slower because of block size. and some time transaction get slower because of the transaction fee sender paying.
that's it.