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Author Topic: Average transaction time?  (Read 12557 times)
ksd5 (OP)
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July 13, 2010, 02:53:59 AM
 #1

What is the average transaction time? I sent my friend one Bitcoin a few hours ago, and at the time of this posting, he still hasn't received it.
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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Gavin Andresen
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July 13, 2010, 02:56:44 AM
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After he's downloaded all 66,312 blocks and is up-to-date, transactions are very fast.

How often do you get the chance to work on a potentially world-changing project?
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July 13, 2010, 03:03:28 AM
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For some reason, he's not downloading blocks. He's getting around 1400-1600 khash/s, and has generated 50 coins already (they're still maturing in 100 or so blocks), but he tells me that he has only 3 blocks.
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July 13, 2010, 10:59:03 AM
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For some reason, he's not downloading blocks. He's getting around 1400-1600 khash/s, and has generated 50 coins already (they're still maturing in 100 or so blocks), but he tells me that he has only 3 blocks.

Unfortunately this means he has not generated a block that anyone else will accept.
So he probably won't be getting his 50 coins.
Sorry Sad

Make sure you download all the blocks before you start generating coins.

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