Post
Topic
Board Economics
Re: Zimbabweans, again, collapse ...
by
tee-rex
on 27/02/2015, 10:59:58 UTC


That's much worse.

It's > 60 minutes + "inclusion wait"?

In the three block wait example, you had to wait 90 minutes for full certainty?  That's far from satisfying the immediate transferability requirement of a currency.

Yes, I had to wait. I was sending a few bitcoins from one exchange (won't name it) to another, and as I could see it on the blockchain, the incoming transaction to my wallet was from a few dozen addresses.

incoming transaction from a few dozen adresses? this is the first time i hear thats possible. been doing transaction betweens exchanges. not a lot, still a newbie.
the waiting times are horrible. exchange to exchange has taken even days to complete.

Yes, it is quite possible. Below's a snapshot of bter exchange sending bitcoins from their change wallets to their hot wallet address.