Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NIX - Make Bitcoin, altcoins and tokens anonymous with NIX Platform!
by
torrmara
on 23/09/2018, 12:30:59 UTC
Why are there 500 confirmations required when sending coins? It makes the coins unspendable for like 24 hours, which is really unhandy. Even more so when sending to yourself (for splitting staking). How will this look when the Dex manager is there? Will doing anonymous transactions of (for Example) BTC also take that much time before coins are spendable? So, basically wondering why there are so many confirmations needed?

That is only the case when you use your NIX to stake and that is normal.

So for MN earnings and sending coins directly to someone else this is not the case?

yes, only stakers wait 500 blocks to mature.