As the title says. I've always used LTC when transferring between exchanges. Did for the first time in a while now, and it took more than 1 hour to clear 12 confirmations(!).
Question: Is this seen as a serious problem, for I will prolly find another coin for this purpose now.
Question: Why do the require 12 confirms? Has there any been any issues with double-spend on 6 confirms?
Originally from Litecoin https://ift.tt/3oPkqw4
Litecoin, the leading cryptocurrency derived from Bitcoin. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining.