The SHA256 family of merged mined coins has a 1.5 minute blocks member (I0Coin) and a only a few seconds blocks member (GeistGeld).
So far even the 1.5 minutes block speed has not seen much consumer demand, let alone the only a few seconds one.
-MarkM-
Topic: For a consumer, which is better? SHA256 or Scrypt? (Read 434 times)
I think sha 256 >and scrypt are on same security level. Confirmation will depend on d coin itself
But script is new should,'t have better security?
and what about the new script -jane
and what about the new script -jane
Hashing algorithm has nothing to do with transaction confirmation time. Once you send a transaction and the other sides client sees it, it is almost as good as being confirmed on the blockchain.
I dont think you should worry about the security aspects of those algorithms. If any of them is be compromised you would have much more important things to worry about than your coins.
I dont think you should worry about the security aspects of those algorithms. If any of them is be compromised you would have much more important things to worry about than your coins.
Confirmation times doesn't matter much.
Quark is by far the fastest coin in terms of tx time and it doesn't help its price.
Hashing algorithm has nothing to do with transaction confirmation time. Once you send a transaction and the other sides client sees it, it is almost as good as being confirmed on the blockchain.
I dont think you should worry about the security aspects of those algorithms. If any of them is be compromised you would have much more important things to worry about than your coins.
I dont think you should worry about the security aspects of those algorithms. If any of them is be compromised you would have much more important things to worry about than your coins.
Taking mining out of the picture for a minute, which is better SHA256 or Scrypt?
The reason I am asking is based on security and also confirmation times.
If someone was shopping, it would make a difference, if they had to stand around while the merchant "confirms" transactions.
Is it true that Scrypt is quicker in this aspect?
The reason I am asking is based on security and also confirmation times.
If someone was shopping, it would make a difference, if they had to stand around while the merchant "confirms" transactions.
Is it true that Scrypt is quicker in this aspect?
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