Post
Topic
Board Altcoin Discussion
Re: Bitcoin vs Litecoin
by
Walter Rothbard
on 08/12/2013, 02:20:18 UTC
Litecoin offers MUCH faster transaction times.

No, it doesn't.  Faster block times do not equate to faster confirmations.  To decide if a transaction is "confirmed," you need to analyze the difficulty of a double spend attack at each block height.  Faster blocks are accomplished by having lower difficulty - so you need more blocks to get an equivalent chance of protection against double spend.