Post
Topic
Board Speculation
Re: permabulls not only lost the control over this section-in fact they are extinct
by
ChuckBuck
on 08/12/2014, 23:03:07 UTC
Hmm...I don't see anything 6 confirmations on Coinbase at Point of Sale:

https://www.coinbase.com/docs/merchant_tools/point_of_sale

Don't see anything about 6 confirmations on Coinkite Point of Sale, neither:

https://coinkite.com/faq/terminal

Quote
How does this work out with confirmations, would the consumer have to wait 10 minutes?

We can immediately confirm amounts from customers that are using Coinkite's accounts, and in other cases, we offer the choice to the retailer as to how many confirmations they require. We feel that if you are transacting small amounts, then accepting zero confirmations (for instant payment) may be a reasonable risk.


Oh well...fudsters gonna fud.