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WildShark is a dev shill account, he is defensive for this scam
I use to be a DEV, but now I'm retired and promote IONs, Masternodes and the use of POS coin throughout the world...
ION transaction time looks like a miracle compared to Bitcoin transaction time
No shit, every coin that isn't bitcoin has a transaction time that looks to be a miracle. Also as a dev there is transaction sent and confirmation. Bitcoin actually sends pretty instantly.... you have to decide yourself if its a trustable transaction based on confirmations so your statements a bit misleading.
Let's try a simple transaction of buying a cup of coffee at a store, how long will the shop owner wait until the transaction is completed and conformed? using Bitcoin, it will takes hours and using IONs it will take minutes...
and the answer is it depends on how many confirmations the coffee shop accepts. Risk of a double spend for a $2 coffee is low so they could take 0 confirmations.
As a coffee shop owner I could require 20,000 (like your masternode) confirmations before I accept... o noes they are still waiting in line.
O and if you count block times etc why say just ion its a miracle as ALL alt coins that I've seen have faster block times than bitcoin.