Good morning Beehaw it is currently 5:30 am in the morning here in Australia Nov 9 2024.
It may not be morning where you are but it is always morning somewhere on Earth. Plus this chat is more of a vibe. Have you been doing any hobbies lately or discovered a new tv show? Maybe you worked on something and want to share it or you recently found something you are passionate about?

  • shortwavesurfer@lemmy.zip
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    14 days ago

    Replace by fee is a mechanism where as long as a transaction has not been confirmed yet you can replace it with a new transaction as long as it pays a higher fee but that could cause double spending which is a problem.

    Also, in Bitcoin, they say, in order to make sure a transaction has really gone through, you should wait 7 blocks. And therefore, that would be 70 minutes instead of 20 minutes.

    • iii
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      14 days ago

      I see. Thank you for explaining clearly!