How many confirmations does it take to verify the deposit? - page 3.

maurya78

hero member

Activity: 490

Merit: 500

1 confirmation should more than suffice for small amounts

medUSA

legendary

Activity: 952

Merit: 1005

--Signature Designs-- http://bit.ly/1Pjbx77

Quote from: jonson234 on February 24, 2015, 03:17:32 AM

I was taked payment on btc . i want konw How many confirmations does it take to verify the deposit / not refund client ?
thanks

I would take 1 confirmation as received payment if amount is small, and may be 2 or 3 for 1 btc and above. I would say 6 confirmations is extremely safe against double spending attempts.

findftp

legendary

Activity: 1022

Merit: 1008

Delusional crypto obsessionist

Quote from: jonson234 on February 24, 2015, 03:17:32 AM

I was taked payment on btc . i want konw How many confirmations does it take to verify the deposit / not refund client ?
thanks

With 1 confirmation, there is 50/50 chance of a double spend is possible.
Every confirmation reduces that chance significantly

jonson234

hero member

Activity: 532

Merit: 500

I was taked payment on btc . i want konw How many confirmations does it take to verify the deposit / not refund client ?
thanks

Topic: How many confirmations does it take to verify the deposit? - page 3. (Read 4009 times)