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We only provide instant confirmations for bitcoins we know that are going to get included in a block long before the nlocktime will expire allowing you to spend
by BrokenPipe 12y ago
We only provide instant confirmations for bitcoins we know that are going to get included in a block long before the nlocktime will expire allowing you to spend them.
- tyho 12y agoHow long before, because that would make it impossible for people to spend their coins at all during that period, which could be annoying. Also, does this mean that to verify a transaction can be considered instant, the merchant has to check with your servers and there is no way of verifying this independently? Isn't this a serious privacy problem?
- BrokenPipe 12y agoWe don't provide instant confirmation but that does not mean you can't spend your funds without it. The minimum is 1 day or 144 blocks, default to 90 days, max is max block size.
- mikemoka 12y agoHi Lawrence, probably that is the right step toward solving the transaction speed,albeit by a slightly more centralized workaround,it reminds me of a comment I made almost a year from now: https://news.ycombinator.com/item?id=6130813 https://news.ycombinator.com/item?id=6130813 great job ;)
- BrokenPipe 12y agocheers!