[bitcoin-dev] The need for larger blocks
pete at petertodd.org
Sat Jun 27 15:13:54 UTC 2015
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On 27 June 2015 03:14:41 GMT-04:00, Aaron Voisine <voisine at gmail.com> wrote:
>Also remember that the sender is not the one who cares about delays or
>getting confirmations at all, it's the receiver who's concerned with
>things. They have to tell the sender up-front what they're willing to
>accept in exchange for goods and services.
You're assuming a receiver who is accepting a zeroconf transaction; most receivers don't.
For instance, when I deposit funds on my exchange they don't credit those funds until 4 confirmations, so I very much cafe about how long it takes to get the first confirmation.
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