the confirmations question that gets asked weekly, answered properly
Been lurking in c/labresults for about 7 months and finally have something worth posting.
Short version: week 96, 15mg, and gas fees is the bit I still cannot get a straight answer on. I have read the wiki, I have read the last 23 threads, and the answers split roughly down the middle.
What I actually want to know is whether the people saying it does not matter have measured it, or whether it is just repeated confidently. Happy to be told I am overthinking this — I probably am — but I would rather overthink it now than at week 90.
best — the order this archive was captured in
confirmations are escrow, the exchange rate at 2 blocks is the deal
Sent orfo payment to the wrong chain. Germany, wrong network, vendor could not credit it. 4 day lesson.
no price talk, no tickers, no investment discussion
no price talk, no tickers, no investment discussion
Adding to this: confirmations is doing more work than the comment implies.
This is correct. Gas fees are real costs.
Strongly agree. Escrow is non-negotiable for groups.
no price talk, no tickers, no investment discussion
Strongly agree.
Adding to this: USDC is doing more work than the comment implies.
Strongly agree. Escrow is non-negotiable for groups.
Did you check confirmation speed on that chain?
gas versus discount arithmetic is real
Flair changed to match the content. Read the sidebar before posting next time and we are square.
Strongly agree. Escrow is non-negotiable for groups.
The discount was 98.1% but gas ate half of it. Still worth it but the math matters.
confirmations are confirmations, the exchange rate at 17 blocks is the deal
The evidence standard in c/vendorvetting gets called too strict about once a month, and every time, the thread ends with the complainant agreeing.
gas versus discount arithmetic is real
Respectfully this is a sample of one presented as a finding.
Which network and did the vendor confirm they credit it?
[removed by moderator]
Did you check confirmation speed on that chain?
no price talk, no tickers, no investment discussion
Slight fix: the number was 99.1, not 97.9. Decimal point, but a fairly consequential one.
never post a wallet address, not yours, not a vendor's
memo/tag requirements differ by network
Sceptical. If this were true we would see it reflected in the data and we do not.
chargeback rights are confirmations: zero
escrow for group buys is standard, use it
- 1The evidence standard in c/vendorvetting gets called too strict about once a…13 comments in this branch · started by u/freya_onwuka
- 2confirmations are escrow, the exchange rate at 2 blocks is the deal12 comments in this branch · started by u/emil_marchand