Six confirmations: $DOGE takes about 6 minutes; Bitcoin takes about 60 minutes.
The math is simple: one block per minute, six blocks in 6 minutes; Bitcoin has one block every 10 minutes, so six blocks take an hour. Over the course of a day, the former produces 1,440 blocks, while the latter produces 144.
This difference matters in payment processing—a cup of coffee, a tip, or a vending machine purchase. Waiting 6 minutes and waiting 60 minutes are two very different businesses. Faster confirmations reduce the wait; the distribution of computing power between blocks is another matter. People evaluating payment solutions usually consider these two aspects separately.
#Dogecoin #Crypto $DOGE
NFA, just my personal opinion.
The math is simple: one block per minute, six blocks in 6 minutes; Bitcoin has one block every 10 minutes, so six blocks take an hour. Over the course of a day, the former produces 1,440 blocks, while the latter produces 144.
This difference matters in payment processing—a cup of coffee, a tip, or a vending machine purchase. Waiting 6 minutes and waiting 60 minutes are two very different businesses. Faster confirmations reduce the wait; the distribution of computing power between blocks is another matter. People evaluating payment solutions usually consider these two aspects separately.
#Dogecoin #Crypto $DOGE
NFA, just my personal opinion.