Author

Topic: Why bitcoin transactions are so slow and there is a huge risk of double spending (Read 1371 times)

legendary
Activity: 4228
Merit: 1313
bitcoins transactions may be instant, like most casinos does. Just have a system to revert any double-spend, and only allow withdraw/deliver after enough number of confirmations


I guess you didn't see the video too? Smiley

When u make a thread with a misleading title ...people will tend to post on that title without getting into the post content. Please consider changing your title so that people understand u r trying to promote a video.


Or people should consider to read the actual post before posting? Smiley

It seems like he did read the post - just not watch the video.

Click-bait or misleading titles should be so labeled.
sr. member
Activity: 378
Merit: 250
bitcoins transactions may be instant, like most casinos does. Just have a system to revert any double-spend, and only allow withdraw/deliver after enough number of confirmations
yes, but when we make a deposit from one address to another address faucet websites. takes a little longer than usual. the number of bits that must be confirmed
full member
Activity: 131
Merit: 100
bitcoins transactions may be instant, like most casinos does. Just have a system to revert any double-spend, and only allow withdraw/deliver after enough number of confirmations


I guess you didn't see the video too? Smiley

When u make a thread with a misleading title ...people will tend to post on that title without getting into the post content. Please consider changing your title so that people understand u r trying to promote a video.


Or people should consider to read the actual post before posting? Smiley
legendary
Activity: 2226
Merit: 1052
bitcoins transactions may be instant, like most casinos does. Just have a system to revert any double-spend, and only allow withdraw/deliver after enough number of confirmations


I guess you didn't see the video too? Smiley

When u make a thread with a misleading title ...people will tend to post on that title without getting into the post content. Please consider changing your title so that people understand u r trying to promote a video.
full member
Activity: 131
Merit: 100
bitcoins transactions may be instant, like most casinos does. Just have a system to revert any double-spend, and only allow withdraw/deliver after enough number of confirmations


I guess you didn't see the video too? Smiley
hero member
Activity: 616
Merit: 500
bitcoins transactions may be instant, like most casinos does. Just have a system to revert any double-spend, and only allow withdraw/deliver after enough number of confirmations
full member
Activity: 131
Merit: 100
Yeah you got me, I wanted to try a different approach at getting more people to check the thread Smiley
legendary
Activity: 4228
Merit: 1313
Transfers are nigh instantaneous. What is your definition of "slow"?

Edit: Nvm, just watched the video Smiley

Ditto.

I think the headline was for shock value.   Smiley
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
Transfers are nigh instantaneous. What is your definition of "slow"?

Edit: Nvm, just watched the video Smiley
full member
Activity: 131
Merit: 100
We just published our 4th video of the series "Bitcon For Dummies". In each episode we try to explain in just few minutes a common myth or misconception about Bitcoin.
 
Only the first 3 got over 73 000 views in the short time they are up.

So, if you know someone that was struggling to understand this one, just send him the video, we will do the rest Smiley
If you want to support the project and see more of those just share the video, that's enough!



Disclaimer: This project is supported by product placement of sites from the bitcoin ecosystem. Who gets to sponsor a video is decided by an auction that we hold in the Auction section of this forum.
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