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c/cryptopay·posted 1 year ago by u/leila_silva

[Meta] the confirmations rule is doing its job and people should stop complaining

Fees Clean Column ×1 Well Actually ×3 Slow Clap ×3

the confirmations rule is doing its job and people should stop complaining. This affects how posts get sorted and removed, so it belongs in the open.

Got a quote with a fifteen-minute expiry and assumed it was a pressure tactic. It was just a held rate.

Keep every transaction hash in a note file with the order reference. It has resolved two queries instantly.

Asked which networks FGP accepted before ordering and picked the cheapest one at that hour. Saved more than the difference in price.

Corrections welcome, especially the pedantic ones. Pedantry is how this board earns its reputation.

4,392 up / 401 down92% upvoted35 commentsid 1c7p9x25 Nov 2024

35 comments

12 in this archive, depth 4

best — the order this archive was captured in

u/lipid_panel_larrybloodwork245 points·1 year ago·edited

Confirmations are the count of blocks built on top of the one containing your transaction. Until there are some, the transaction is not settled in any meaningful sense.

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u/annika_fonseca172 points·1 year ago

I would not treat a delayed confirmation as evidence of anything at all. Chains have busy hours.

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u/hassan_nilsen95 points·1 year ago

Right, and confirmations are the status. "Sent" means nothing until the chain agrees.

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u/stablecoin_steveMOD133 points·1 year ago

Moved from the vendor board. Payment mechanics live here.

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u/blunt_coldbox_202444 points·1 year ago

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.

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u/emil_marchand105 points·1 year ago

send a test amount first if the total is large

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u/week_four_wall32 points·1 year ago·edited

send a test amount first if the total is large

Adding the cheap insurance — test amount first on anything large.

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[deleted]12 points·1 year ago

[deleted]

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u/chain_confirm_cpayments21 points·1 year ago

screenshot the transaction hash, not the wallet balance

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u/runa_cabrera32 points·1 year ago

ask which networks they actually accept before you order

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u/freya_onwuka193 points·1 year ago

Network fees are set by chain congestion at the time of sending. They are paid to the network, not to the recipient, and they vary by hour as well as by chain.

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u/hassan_castellanos103 points·1 year ago

keep the hash, it is the only receipt that exists

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About c/cryptopay

Paying for research material with crypto: which networks vendors actually credit, confirmation windows, memo/tag requirements, gas versus discount arithmetic, escrow for group buys, and the total absence of chargeback rights. Not investment discussion — payments only.

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