Quote from: jaywaka2713 on June 12, 2013, 02:23:26 AM

I, a two year long Bitcoin user, have experienced the issues with the current 10 minute block time. There has been endless discussion about making zero-confirmation transactions safe, but what if a lighter solution is better? Why not reduce the block time? Now, I understand that a block time of 30 seconds does nothing but damage, and will not propose that, but what about a block time of 2 minutes? That will speed up transactions by 500%, and will make the hour-long transaction something of the past.

Hahahahha it doesn't work that way. Your transaction may confirm "faster", but it's in no way more secure. Not to mention all the extra orphans.

If you want secure 0 confirmation transactions, there are plenty of solutions to that (green address, off the chain tx, risk mitigation).