Quote from: LiteCoinGuy on September 13, 2013, 02:36:23 PM

Quote from: johny1976 on September 12, 2013, 07:31:12 PM

Litecoin is 1000 times faster that fuckin bitcoin.

Transaction alredy took 26 hours and still "0 confirmations".

Fuck Bitcoin. The slowliest thing on whole world.

Crap

you right, and soon litecoin will be much faster then today.

You're totally missing the point that litecoin is functionally identical to bitcoin, right? Works the same, so the same problems with Bitcoin confirms can happen with litecoin.

Anyway- another thing to think about it is that it's not the Bitcoin protocol itself that is causing the problem, it's more that miners have formed a cartel to enforce requiring network fees. (Which is how they are supposed to be paid after mining is finished) Miners basically agree that it's in their best interest to get everyone to by default pay a generous mining fee, because it's their money. They all know it, so they all do it, they don't really have an incentive to include transactions with no mining fee. At this point everyones out to make money. It would be the same with litecoin and will be the same once it gets far enough along. Part of the payment for mining is you earn the transaction fees. Hence, they aren't about to let people get comfortable with using it for free.