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Author Topic: idea to speed up bitcoins confirmation time .  (Read 474 times)
harmouch
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August 30, 2015, 10:58:34 PM
 #1

What if we have an option where i can swear to god that im not going to double spend ?


I hate confirmations time .  Sad
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Meuh6879
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August 30, 2015, 11:11:29 PM
 #2

Trust always depend of mutuality.
http://www.lafkon.net/tc/



So, to resume ... confirmation time don't depend of Bitcoin network ... but depend on spread time block ACROSS Bitcoin network.





Trust need 10 min.
https://bitcoinwisdom.com/bitcoin/difficulty
HostP
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August 30, 2015, 11:14:17 PM
 #3

What if we have an option where i can swear to god that im not going to double spend ?


I hate confirmations time .  Sad

Scammers have no morals. Do you really think that any of them would hesitate to use that option?

Just deal with the confirmation time; it's necessary.
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August 30, 2015, 11:32:09 PM
 #4

What if we have an option where i can swear to god that im not going to double spend ?


I hate confirmations time .  Sad

Confirmation is exactly needed to avoid trusting the other part of providing their part of the deal..
You can speed up transaction by increasing the fee you give to miners, and you can (in some cases) use exchange vouchers like the one on btc-e and transfer bitcoins
instantly w/o the need for confirmations because it's within the centralized body (exchange itself)

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August 31, 2015, 02:16:23 AM
 #5

You could check here get the ideas of how much fees are required for the transactions included for the next blocks.
https://chainquery.com/bitcoin-api/estimatefee/1
And remember that make sure every inputs and outputs is over 0.1BTC, and the more coin age , the quicker the transactions get confirmed!

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