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c/cryptopay·submitted 3 days ago by u/search_before_post

[Explainer] confirmations, memos, and the three ways to lose money by typo

Explainerbranch of 8 comments

confirmations, memos, and the three ways to lose money by typo. If you already knew this, the post is not for you and you can scroll on. Got a quote with a fifteen-minute expiry and assumed it was a pressure tactic. It was just a held rate. Sent to the right address on the wrong chain years ago. Nothing to be done.…

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8 comments, started 2 days ago
u/vendorinvestigate_vic12 points·2 days ago

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

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u/search_before_postOP0 points·1 days ago

Did the address you sent to match the one you were given, character for character?

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u/dead_space_doug1 point·1 days ago

quote expiry is a real thing, not a pressure tactic

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u/camila_trevino1 point·1 days ago

Yes — gas is the network’s, not the supplier’s, and conflating them produces a lot of unfair complaints.

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u/lurker_for_years1 point·1 days ago

quote expiry is a real thing, not a pressure tactic

Disagreeing here: that is a network fee at a busy hour and it is not the supplier’s doing.

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u/isabela_guerrero4 points·2 days ago

match the address character by character, or paste and verify

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u/milan_mensah3 points·1 days ago

The transaction hash is the canonical receipt: it is public, verifiable by either party, and it is what a support query should quote.

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u/jarno_cabrera0 points·1 days ago

match the address character by character, or paste and verify

This is the check that prevents the only genuinely unrecoverable mistake in this thread.

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