The Significance of 1-Block Finality
読了時間: 2 分 The eCash project recently launched Avalanche post-consensus on mainnet, and several exchanges have already adopted the new technology to lower their block confirmation requirement on deposits from as much as 11-confirmations to 1-confirmation. Since block times are on average 10 minutes, this reduces the wait time on eCash deposits from a couple of hours, to mere minutes. But even more importantly, what this tells me is that the industry is starting to understand the significance of what the eCash team has accomplished. Double-spends are a threat to any business that deals with cryptocurrencies, but they are most dangerous to exchanges that can be exploited for enormous amounts of money by […]