Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: WinVery.com on April 06, 2013, 08:29:06 AM



Title: Avoiding transaction delays
Post by: WinVery.com on April 06, 2013, 08:29:06 AM
What are the best ways to bring the time down between a send and a first confirmation?
Outside of the user's fee, from a merchant standpoint.

What is the prevailing wisdom on always being in the next block?

 ???

Thanks


Title: Re: Avoiding transaction delays
Post by: Come-from-Beyond on April 06, 2013, 08:33:52 AM
What are the best ways to bring the time down between a send and a first confirmation?
Outside of the user's fee, from a merchant standpoint.

What is the prevailing wisdom on always being in the next block?

 ???

Thanks

Connection to as many nodes as possible should help a little.


Title: Re: Avoiding transaction delays
Post by: WinVery.com on April 06, 2013, 08:39:42 AM
The volume too as with satoshidice must make for an improvement.


Title: Re: Avoiding transaction delays
Post by: farlack on April 06, 2013, 08:41:26 AM
What are the best ways to bring the time down between a send and a first confirmation?
Outside of the user's fee, from a merchant standpoint.

What is the prevailing wisdom on always being in the next block?

 ???

Thanks


Online merchant, or in person merchant?

Online merchant, just don't send goods til payment is received, or use bitpay.
In person merchant, it will be hard to double spend, if possible.. cameras and cops.


Title: Re: Avoiding transaction delays
Post by: WinVery.com on April 06, 2013, 09:03:05 AM
True, the concern online is just in decreasing the time between sending and confirming a transaction.
Does anyone know how this will look in the future?  Will confirmation time increase or decrease? 


Title: Re: Avoiding transaction delays
Post by: Come-from-Beyond on April 06, 2013, 09:19:33 AM
True, the concern online is just in decreasing the time between sending and confirming a transaction.
Does anyone know how this will look in the future?  Will confirmation time increase or decrease? 


It will be the same. Forever.


Title: Re: Avoiding transaction delays
Post by: farlack on April 06, 2013, 09:29:02 AM
True, the concern online is just in decreasing the time between sending and confirming a transaction.
Does anyone know how this will look in the future?  Will confirmation time increase or decrease? 



If you ship at 5PM, make sure you stop accepting bitcoins at 4PM so you have time to collect coin, and package.


Title: Re: Avoiding transaction delays
Post by: WinVery.com on April 06, 2013, 10:36:35 AM
 ;D Must clarify, I am looking to reduce seconds here.  Glad to know it is consistent long term.