BitShares Forum

Other => Graveyard => MemoryCoin => Topic started by: Empirical1 on January 20, 2014, 11:53:29 pm

Title: How fast are Memorycoin transactions?
Post by: Empirical1 on January 20, 2014, 11:53:29 pm

How long is the block time and what's the recommended number of confirmations to wait for?

Thanks!

Title: Re: How fast are Memorycoin transactions?
Post by: MaxPWR on January 21, 2014, 03:59:20 am

Block target is 6 minutes:
http://memorycoin.org/parameters/

But, most appear to be coming sooner:

http://www.chainbrowser.com/memorycoin/blocklist/

bter.com is currently using 6 confirmations for deposits, but confirmation times would be up to each site/user.

E.g., bter only uses 1 confirmation for btc deposits, not because of different confirmation times, but most likely because of customer demand / perceived low risk of double-spend.

Title: Re: How fast are Memorycoin transactions?
Post by: FreeTrade on January 21, 2014, 04:01:57 am

I think that block explorer is not updating at the moment - try this one -

http://www.mmc-chain.com/?engine=blockexplorer