Post by twetch#14259

1CQ1En…zi2H Key · twetch

I moved some bsv to Bittrex the other day. And while Bittrex does requires 12 conf, it took probably 4 hours for all 12. Does that sound right? Seemed like too long.

What the chain says
Block
661 266
Time
2020-11-14T17:41:45Z
Signer
1CQ1EnzXyu8enLGvXdYbcNFn41Mbi4zi2H
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#14259

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1CQ1EnzXyu8enLGvXdYbcNFn41Mbi4zi2H Verified

Reposted by (2)

Replies (13)

1E7rNQ…EArD Key · twetch
Replying to@1CQ1En…zi2H

I've experienced similar. Makes it an all-day process :(

1CQ1En…zi2H Key · twetch
Replying to@1E7rNQ…EArD

thanks for the reply! If nothinng else, it's just nice to know you're not alone in crypto-world.

1E7rNQ…EArD Key · twetch
Replying to@1CQ1En…zi2H

Totally. Also, 12 confs is absolutely ridiculous. Guess it’s the price we pay for living in the future 😉😎

17AiYr…MEPu Key · twetch
Replying to@1CQ1En…zi2H

Same experience same exchange. Withdrawing is fast. Makes trading difficult and risky.

15w1Se…wYwq Key · twetch
Replying to@1CQ1En…zi2H

With Hath pool mining empty blocks it doesn’t surprise me.

17AiYr…MEPu Key · twetch
Replying to@15w1Se…wYwq

I was thinking that too.. theyre just letting transactions sit there so they can sell a service to their preferred customers at some point...?

1CQ1En…zi2H Key · twetch
Replying to@15w1Se…wYwq

Thx, will investigate what that means. 🕵️‍♀️

15w1Se…wYwq Key · twetch
Replying to@1CQ1En…zi2H

That mining pool is creating a lot of BSV blocks with no transactions in them, other than giving themselves the mining reward. I’ve seen them get 3 or more in a row which will push your first confirmation out 30+ minutes if your timing is unlucky.

1CQ1En…zi2H Key · twetch
Replying to@15w1Se…wYwq

Interesting. I did not know that went on. I imagine it's because they can construct the block faster increasing the odds of winning the block reward? Huh. Wild. Thinking that all thru is a cool exercise.

Continue thread →
1CXFgh…7MEn Key · twetch
Replying to@1CQ1En…zi2H

Bittrex always takes ages to credit funds to your account its normal

13WF17…e2eH Key · twetch
Replying to@1CQ1En…zi2H

Poloniex is even worse