Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlueCoin (ß) | [BLU] | PoW Distribution | 3% PoS | Bounties | Giveaways
by
curiouser
on 17/05/2014, 20:53:29 UTC
I was optimistic about this coin but have realised it can't possibly succeed because of the massive numbers of confirmations required for a transaction nobody will ever use it  to buy anything - therefore it is already dead.

The spec says 7 confirmations for transactions.  Is that not correct?  It is a lot for mined blocks (350).  Of course, pools and and exchanges, or any recipient for that matter, can set their own policy for number of confirmations, as with any coin.