If I receive an InstantX payment can those InstantX funds received be spent immediately, or must a person wait for mining confirmations before being able to spend them?
So.
1. I have 0 DRK
2. somebody send me 10 by InstantX
3. How long must I wait to spend them or may i do so immediately after receiving them?
thansk
InstantX gives you immediate certainty of ownership, but you have to wait about 2 mins to spend the coins you received. This is important and a good practice because we still have an underlying Proof of Work network. Basically, the merchant has to wait 2 minutes to spend his coins but the customer can pay and leave the premises with his goods after 4 seconds. That is the beauty of the system.
Warning: ChildHarold is a known SDC shill, that has killed his own coin with his hype and immature behavior. He normally comes here to troll in a subtle way. I believe he is like 16 years old so please be understanding.
He asked a proper question that was discussed in the SDC thread (irc). You gave him a proper response and after it called him a shill and a troll.
That pretty much makes you the troll. Before calling me a shill also, I like both SDC and DRK, now you can implode in peace.
We have 4157 pages (more than a year) of experience dealing with trolls in our unmoderated thread.
Warnings like Minotaur did are very welcome here.