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c/cryptopay·submitted 4 months ago by u/milos_trevino

[Discussion] we are measuring confirmations at the wrong time and calling it noise

Discussionbranch of 8 comments

Something I keep coming back to: we are measuring confirmations at the wrong time and calling it noise. 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. A test transaction costs one extra network fee and…

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8 comments, started 4 months ago
u/sigrid_kaufmann22 points·4 months ago

send a test amount first if the total is large

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u/stablecoin_steve32 points·4 months ago

the memo field matters on the chains that use one

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u/kaia_cabrera26 points·4 months ago

Sent a test amount first on a large order. Cost me a fraction of a percent and I have done it every time since.

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u/milos_trevinoOP13 points·4 months ago

Which network, exactly?

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u/blunt_coldbox_202420 points·4 months ago

Did you send a test amount first?

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u/teodor_jansen15 points·4 months ago

Is the fee you are describing the network fee or something the supplier added?

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u/kaia_cabrera9 points·4 months ago

escrow arrangements are rare and worth asking about

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u/milan_chukwu3 points·4 months ago

the supplier cannot reverse it and neither can you

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