Instead of 10 minutes. Perfect for Point of sales and credit/debit card alternative. You stand in line at checkout, pay your items with some ZET, 1 minute later, your done. Bitcoin can't compete with that unless your using a middle man.You want to hear an asshat store manager whine like you stole his wife,
Have Swiped credit cards transactions take more than 15 seconds to confirm.
True Story A currency must have inflation. It's the incentive behind 'wanting' to work harder and create a more productive society.
Zetacoin is minted 1 ZET at a time every 30 seconds, forever. With that and the loss of coins, you have perfect balance.Look up what a 51% attack is.
Then if you check your Block Explorer , this guy is already over that with 58%
1 ZaYXmMKYJG6z2... 58 % 57.5 %
This one Pools owns your entire Zetacoin Hash by being over 51%.Doesn't Zetacoin sound like the perfect currency? However Zetacoin often get's ignored and missed.
Why?
What do you guys think? Why does it get ignored?Just another PoW coin, Price is too low to incentivize the larger miners .
Plus it has all of the issues of PoW mining.
51% Attack Scenario being ignored
It will Centralize even more over time, it is the Major Flaw of PoW Coins to be Centralized control
Plus of 160 Million Total ,
1 Guy has 44 Million of the coins
1 ZXqq2J6G... 98 44,067,073 ZET 26.77 % 26.77 % 18 hours 54 minutes
Sadly as long as it is PoW, it is a technical dead end.