Quote
Usually, a transaction needs to garner six "confirmations" before it is considered complete
Not true. It is ridicolous that this myth kept being repeated and repeated 
Topic: 2013-09-01 News junkie's open-source project links Bitcoin with publishers (Read 694 times)
September 02, 2013, 08:09:47 AM
September 02, 2013, 07:40:58 AM
http://www.itworld.com/it-management/371173/news-junkies-open-source-project-links-bitcoin-publishers
Bitcoin's peer-to-peer network uses a system of computers called miners to cryptographically verify that a transaction is legitimate. Usually, a transaction needs to garner six "confirmations" before it is considered complete, which at times can take up to three hours.
Bitcoin's peer-to-peer network uses a system of computers called miners to cryptographically verify that a transaction is legitimate. Usually, a transaction needs to garner six "confirmations" before it is considered complete, which at times can take up to three hours.
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