Block Confirmation Times

Last thread on this topic here

Here's why consistent block times are important:

• Exchanges require block confirmations
  • Binance requires 2-blocks before funds are tradeable
• Traders move high volume of money to and from exchanges
  • Need expectancy of when funds will arrive.
  • Bitcoin is a liquid pair, but the user is guessing due to congestion.
  • Bitcoin Cash is a liquid pair, but the user is guessing due to random block confirmations.

I'm looking at this from the perspective of a trader. We should not exclude traders as they move high volume of money. Speculative trading also generates a liquid market. Bitcoin sucks as a trading pair because traders leave funds on exchanges because the block congestion and this puts the trader at a security risk.

That leads me to the question regarding the longterm fix for the DAA. Is the assumption that increased future hash rate will increase the likelihood of consistent block times?

submitted by /u/NJD21
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source https://www.reddit.com/r/btc/comments/eiea35/block_confirmation_times/

/r/personalfinance flags the word Bitcoin. My post was immediately under review.

submitted by /u/rosickness12 [link] [comments]

Id like to start programming and creating 2nd tier applications for BHC

where do I start ? I come from a C# and python background.

submitted by /u/duke998
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source https://www.reddit.com/r/btc/comments/eidejg/id_like_to_start_programming_and_creating_2nd/

2020 is looking good

submitted by /u/Ratherstokedlad [link] [comments]

Happy 2020 everybody!

submitted by /u/Kain_niaK [link] [comments]

source https://www.reddit.com/r/btc/comments/eiclny/happy_2020_everybody/

Very interesting criticisms of both BU and ABC full node implementations. (I hope this inspires both teams to step up their games)

submitted by /u/MemoryDealers
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source https://www.reddit.com/r/btc/comments/eid062/very_interesting_criticisms_of_both_bu_and_abc/

1,034,050 of Satoshi's original coins were just consolidated into a single address.

Nah, only kidding. Happy New Year Bitcoiners!

submitted by /u/freetrade
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source https://www.reddit.com/r/btc/comments/eicpe7/1034050_of_satoshis_original_coins_were_just/