Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine
by
bitfreak!
on 19/11/2014, 14:55:36 UTC
Why are we not seeing any copycoins of this one? Is it somehow more difficult to clone?
Yeah it's probably a bit more difficult to clone because the launch procedure is a bit different and you have to know how to deal with the first few weeks where it runs in "bitcoin mode".
Okay, perhaps not a bad thing. But can I ask why the block time isn't set to be faster? If I have understood it correctly, faster blocktime = faster transactions, but bigger blockchain, so it should be suitable for this coin. The long transaction time in Bitcoin is clearly a weakness.
Because when the block time is too fast it creates too many orphaned blocks. In my opinion a block time of 1 minute is not too long but it's also not too short and doesn't result in an excessive number of orphaned blocks. Once you start getting lower than 1 minute it's not worth the trade off.