Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SCRYPT-N-R][MEG] Megcoin | No premine | Forked from bitcoin 0.9 | New PoW
by
earlz
on 05/05/2014, 21:05:04 UTC

The point of that is so that if there is a fork or some such, pools have 2 hours to coordinate and fix problems before payouts will be sent out. It's just a good thing to have done now, for future forks rather than to wait til later to implement. It is a bit inconvenient though




alright, so as soon as the most (or many) coins are distributed and this thing is big and healthy (in terms of network hashrate) we will see a "normal" confirmation time?
maybe should be mentioned in the OP

No, it will always be 2 hours. This follows the lead of most other established coins. In case of emergency (for any reason), allow pools 2 hours to figure their crap out before paying people. It's a safety feature and 2 hours isn't very long