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c/cryptopay·submitted 1 year ago by u/reflux_report

[Question] Australia — has anyone got a straight answer on confirmations

Questionbranch of 7 comments

Question in the title, detail here: Australia — has anyone got a straight answer on confirmations. A token symbol identifies an asset, not a network. The same symbol commonly exists on several chains with incompatible address formats, and sending across that boundary is generally unrecoverable. Some chains require a…

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7 comments, started 1 year ago
u/escrow_evangelistMOD48 points·1 year ago

Retitled from an accusation to a description while the confirmations catch up.

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u/milan_mensah40 points·1 year ago

Push back: an unconfirmed transaction is not a missing payment. Wait for confirmations before escalating.

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u/week_two_confused_202630 points·1 year ago

Pasted rather than typed the address, then checked the first and last six characters. Habit now.

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u/vikram_mbeki8 points·1 year ago

Cosigning on keeping the hash. It is the only receipt in existence and people screenshot their balance instead.

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u/chidi_vermeulen8 points·1 year ago

A test transaction costs one extra network fee and verifies the address, the network and the recipient’s crediting process before the main amount moves.

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[deleted]26 points·1 year ago

[deleted]

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u/lane_watchermod · logistics16 points·1 year ago·edited

quote expiry is a real thing, not a pressure tactic

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