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Author Topic: [2014-01-02] Are Bitcoin's Zero Confirmation Transactions Safe?  (Read 555 times)
hayek (OP)
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January 02, 2015, 12:32:59 PM
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https://www.cryptocoinsnews.com/zero-confirmation-transactions-safe/
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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voephilis
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January 02, 2015, 12:47:31 PM
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interesting article Smiley will stay with the 6 Wink
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January 02, 2015, 01:07:15 PM
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Zero Confirmation Transactions are not safe right now because a new transaction could be sent to be included in the block before the first transaction with a higher fee. I think in the future it will end up being made to be safe to accept zero confirmation transactions but you should stick to atleast 1 confirmation but more is better.
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January 02, 2015, 01:32:54 PM
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Yes, interesting article. I hope solutions for this challenge are coming soon, so that Bitcoin gets better for the mainsteam Wink
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