Topic: Why 6 confirmations? - page 2. (Read 1167 times)
I agree that 6 is a little excessive...especially because that can take a couple of hours sometimes, it seems.
Better to be safe than sorry.
Just paranoid security 
All of the exchanges have this common standard that 6 confirmations need to pass before it accepts your Bitcoins.
I'd assume that if someone is trying to double spend, one confirmation would be enough, and if someone is trying to get 51% of the market, the number of confirmations don't matter.
Why isn't one confirmation enough?
I'd assume that if someone is trying to double spend, one confirmation would be enough, and if someone is trying to get 51% of the market, the number of confirmations don't matter.
Why isn't one confirmation enough?
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