Speed Up Feathercoin
So it seems technically that other coins really hype easier real-world use due to their fast confirmation times. Is there anyway we can speed up Feathercoin to be in the 30 second range or less to make it usable for POS type shopping. I couldn't imagine using FTC at this point to buy groceries and wait for it to confirm even a few minutes. Even possible?
We're a way away from needing this for FTC because the real-world scenario is limited. Low item price shops, with BTC, accept 0 confirmations and just immediately process the transaction, as individual risk is low. Online shopping can follow a similar model, depending on price, if it's sub-$50, then 0 confirmations, 50-150 then 2 confirmations, 150-500 6 confirmations. 500 and up, 10 confirmations, people can be notified on acceptance and don't need to do anything else. It's really for a brick and mortar shop where the people are in the queue and the purchase price will be > $50 where the transaction time is critical, and given market adoption at the moment, that's a way off, but does need some thought as to how transactions can be prioritised and processed faster, as a priority block with a slightly higher processing fee.