Author Topic: How fast are Memorycoin transactions?  (Read 1980 times)

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Offline FreeTrade

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

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

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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.
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Offline Empirical1

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

Thanks!