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c/cryptopay·submitted 1 months ago by u/hugo_pires

help me understand crypto, I have read the wiki twice

Feesbranch of 9 comments

Genuinely asking, not being difficult. Everyone in c/darkspot repeats that confirmations is important. I believe it, but I have never seen anyone show why, and when I search I get 5 threads of people agreeing with each other. Is there a paper? Is there a measurement? Or is this one of those things that is true…

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9 comments, started 1 months ago
u/milan_mensah44 points·1 months ago

I love that this community will spend 40 comments on a detail. That pedantry is why the numbers here matter.

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u/salma_baptista28 points·1 months ago

Yeah, the network selection matters most.

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u/yara_mensah23 points·1 months ago

network selection matters, wrong chain is the expensive typo

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u/hugo_pires17 points·1 months ago

Did you check confirmation speed on that chain?

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u/santiago_marchetti0 points·1 months ago

no price talk, no tickers, no investment discussion

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u/elodie_yilmaz1 point·1 months ago

Slight fix: the number was 99.1, not 98.9. Decimal point, but a fairly consequential one.

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u/arne_amankwah35 points·1 months ago

USDC exists on 23 networks, vendor credits are network-specific

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u/stablecoin_steve8 points·1 months ago

Which network and did the vendor confirm they credit it?

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u/week_four_wall17 points·1 months ago

escrow for group buys is standard, use it

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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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