Still way faster than your favorite shitcoin

Still way faster than your favorite shitcoin

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kek no.

the actual transaction isn't completed until days after you have made the payment.

even bitcoin is faster than this.

>what is NANO
>what is NEO/GAS

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it basically allows the payment to go through on 0 confirmations if you compare to cryptos.
with confirmations taking multiple days
tldr garbage

This. It may show up in your balance, but the bank will charge you an overdraft fee if you try to cash out everything.

>garbage
Which is another name for the Lightning Network

>wow, my coin that nobody uses is so fast! its almost like theres no traffic!

Actually, it doesn't do this. It loans you the money until it's settled days later. In fact, 0 conf BCH transactions are safer than this.

At least, you sign an exact amount and you can't be charged twice. No such guarantee with a credit card. I'm sure everyone ran into wrong amounts being charged before. You have to notice it to get it fixed.

Irrelevant post incoming

What does it mean when something will "moon"?

$99 million worth of litecoin was sent in a single trade on Thursday.
The transaction took just two-and-a-half minutes to clear and cost only $0.40 in fees.

>getting cucked by banks and inflation when you have the option not to
I shiggy diggy

Lurk moar faggot

It actually takes months for credit card transactions to settle

10 seconds in search engines

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Oh wait, let me send 500k across the world in 1 minute.

This is like comparing apples to sea scallops on the basis that they're both food. The second normie invasion will be when everyone understands that these coins aren't attempting to replace currency/payment methods

I get notification of payment made by Mastercard on phone literally 1 second after I made it.

Yes but it's like bitcoin, the transaction is broadcasted just seconds after its made but the actual "confirmation" is done in queue

Great to know that you dont know how it works.
Money is not moved for a long time before certain requirements in the payment system are met.
So many scummy things happen with CCs, they are easily phished, have shitty security, and long queues on the phone, with shitty customer support. Best part is that some suckers even pay to get one of these cards.
Ignorance is bliss amirite.

MasterCard / Visa max 24,000 Tx/s

KMD just tested 800,000 Tx/s and is aiming for 1M in future

Also Alice from KMD has pretty eyes, I'd like to ejacualte in them and make her read pic related to me in her sexy foreign accent

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yeah but who gives a fuck because the bank handles it all for me. why should i care if the bank has to do extra work behind the scenes

fact is i can walk into a store buy anything right now with a card and even if it takes months to clear it matters zilch to me because i walked out of the store on that same day with my item

and you believes him, retard? where's the benchmarks, faggot?

ripple can do 1 million tx/sec but i can't prove without benchmark

Well then bitcoin banks will emerge that do it for cheaper which companies will flock to, the real question is how to have immediately 'settled' transactions where the supply of money can't be manipulated by too few a group of people. I think society going straight to complete decentralisation at the risk of diminishing efficiency is unlikely. We'll probably switch to a cheap/fast semi centralised currency first.

Every centralized shitcoin can do over a million tps. It's no big deal. We just need to find a balance between decentralization and speed. And imo when casper and sharding happens on eth, all the shitcoins can pack up and go home.

I'm on my 5th card since the other 4 are cancelled due to fraud charges.

Does it even matter? It's tracked and sent. All it takes is some time.

0 Confirmation transactions are fast too.

it's almost like blockchain technology could be leveraged by banks to reduce their overhead and generate even more profits hmmmmmmmmmm