Quote from: Bit_Happy on March 20, 2014, 07:32:26 PM

Quote from: FeedbackLoop on March 20, 2014, 07:26:53 PM

If Bit_Happy was a 490 activity user then why hasn't he seen the endless topics and pages written on this? Especially a LTC user... why the sudden curiosity i wonder...

why the sudden curiosity
I paid a transaction fee and the transaction is still unconfirmed after a "almost unbelievable" amount of time.

Endless topics and pages written on this?
I've seen the long transaction times discussed, but never Satoshi commenting on it.

@Holliday Are you saying BTC transaction do not take too long?
Sheesh...

10 min is nothing compare to current banking system. Heck even a check deposit can takes days to confirm.

However both transactions are instant (bitcoins and check deposits). My transactions are always broadcasted and instantly in queue (that means its very hard, nearly impossible, for me to double spend it unless i'm an operator of GHash lol)

I believe Satoshi thinks 10min is an appropriate time required for a global payment network. I dont think faster confirmation times would give any benefit but potential nonstop-able forking in case of attack.