Topic: Blockchains with almost instant transaction confirmation? (Read 262 times)
It's not real. The transaction will be longer. As a confirmation may be faster than transaction. In addition as will increase the number of transactions this time will still increase. I do not believe in such projects and advise you not to.
A good friend (experienced Node JS developer) and me thinking about to develop a proof of concept for an idea based on the blockchain technology. The use case we consider does not exist yet. However, the prerequisite is to have a blockchain with almost instant durable confirmation of the transactions. The confirmation time should not be longer than 2-3 seconds (up to 5 seconds would be acceptable, too). Are there such blockchains? And if so, is the security of the transaction ensured at such low confirmation times? Would be grateful to any hint.
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