Re: [ANN] Denarius [DNR] - NEW "Tribus" PoW Algo >> PoW/PoS Hybrid >> Satoshi Core
Question... Is it true though, according to the whitescroll... eventually if demand increases enough the speed of DNR will slow down? But with 30 second blocks you still won't be waiting bitcoin length of times, but longer than the current instant wallet transfer and then ~2-3 minute confirms? How slow can it realistically get if the mempool backs up with transactions?
And, given that, it it a little irresponsible to promote this as a superfast coin? Cause right now it's lightning quick, but it's expected to slow down some degree, afaik... Personally, I think that with its low max # of coins and it's PoS features it's more interesting to me as a store of wealth, but still with the ability to spend your DNR faster than BTC.
I think it would be smart to promote it as something like "digital platinum you can spend like cash." That's a pretty cool concept, I think.
Just wondering and thinking out loud.
And, given that, it it a little irresponsible to promote this as a superfast coin? Cause right now it's lightning quick, but it's expected to slow down some degree, afaik... Personally, I think that with its low max # of coins and it's PoS features it's more interesting to me as a store of wealth, but still with the ability to spend your DNR faster than BTC.
I think it would be smart to promote it as something like "digital platinum you can spend like cash." That's a pretty cool concept, I think.
Just wondering and thinking out loud.
If there is more than 4.4k transactions in 30 seconds, then the highest fee transactions will be picked by the miners and the rest left in mempool which will be processed within 60 seconds, unless there is another 4.4k transactions added to the pool within 30 seconds.
Generally speaking unless over 100000 transactions are dumped into the pool at once, the transactions will complete confirmations within 10 minutes.
