Post
Topic
Board Altcoin Discussion
Re: i am coding a coin,what is better 2 confirmations or 6?
by
odolvlobo
on 22/02/2017, 17:27:17 UTC
and anyone know where i can change that?i couldnt find
Two is better if you are trying to steal the coins away, 6 is better if you are trying to prevent people from stealing those coins.

but litecoin has also 3 confirms or? it will be a scrypt coin

You will not find it anywhere because it is simply a convention.

When receiving bitcoins, some people consider the transaction complete with no confirmations, some wait for at least 1 confirmation, and for larger amounts, many wait for at least 3 confirmations. Six confirmations is considered super-safe.