Why on earth would WDC, a new and obscure coin that is a fork of a fork, replace LTC - a well established coin ?
Similar to the failed FTC and CNC, it offers nothing new.
Fast transactions times are a myth. An LTC trade can be trusted after only 4 confirms but a WDC trade would require 40 or more.
During the "boom days" of a coin as hash rate is increasing, blocks are also processed at an unrealistically fast speed.
Once difficulty fully adjusts, the coin will become much slower and anyone who cares about their money (i.e. any merchant or exchange) will want to wait for 40 confirms
bitcointalk has been fortunate that none of the scam sellers are sophisticated enough to fake confirmations
Similar to the failed FTC and CNC, it offers nothing new.
Fast transactions times are a myth. An LTC trade can be trusted after only 4 confirms but a WDC trade would require 40 or more.
During the "boom days" of a coin as hash rate is increasing, blocks are also processed at an unrealistically fast speed.
Once difficulty fully adjusts, the coin will become much slower and anyone who cares about their money (i.e. any merchant or exchange) will want to wait for 40 confirms
bitcointalk has been fortunate that none of the scam sellers are sophisticated enough to fake confirmations
Actually, the base target time is 15 seconds, so the difficulty should adjust to keep that time...and atm it's right on track...
Why do you say we'd need 40 confirms though?
.0025 is not rounded to $2.50 CHC and feather flirted with .0030 but your correct 50 cents is more likely. But there was mass supply from early miner dumpers. 
