Post
Topic
Board Altcoin Discussion
Re: Giving away Free TRC (TerraCoins) Post your address for a free coin!
by
biskup
on 17/04/2013, 19:18:37 UTC
I'm all for competing currencies, but they should at least have some property that is actual competition with Bitcoin!

What advantages does TRC have over BTC that would make it worth my precious hard drive space to bother creating a wallet?

Give me your best pitch!

2 minutes on average for block solution, that is 5 times faster than Bitcoin - noticably less time required for transaction conformation.

Also, it ain't gonna kill your HDD since full install + all data after sync with network is not even 85 MB.

That's it? Bitcoin's confirmation times don't bother me one iota. Thanks for the offer anyway OP!

Well, if you think conformation times that can exceed 1 hour for 1st conformation is something most merchants will love, bet on Bitcoin only.

I don't think they will love it or hate it. I think it's a non-factor. Thank you for sharing the information though.

Actually the confirmation time issue is exactly why some brick-and-mortar merchants have chosen NOT to accept bitcoin. You can't pay for lunch if you have a 30 minute lunch break and it takes and hour to confirm. Or a taxi for that matter. Furthermore the worst part is you  don't know WHEN it will confirm, so you stand around just waiting- wondering.

That's it! This is serious limitation of bitcoin, any future bitcoin-like currency able to overcome the lenghty confirmation time will eventually prevail.