Bitcoin block confirmation times have a Poisson distribution with expected value of 10 minutes but it's unbounded.https://twitter.com/bitfinex/status/747891546058457089 …
-
-
you’re ignoring the fact that their txn might not get mined because they guessed fees wrong or were unlucky or miners were selfish
-
Or it could get mined and confirmed then unconfirmed after a block reorganization, which is my favorite part.
End of conversation
New conversation -
-
-
but payment channels and lightning can settle instantly without counterparty risk (they are valid transactions, that are not (1/2)
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
submitted by either party until the channel is closed. They also come with collatoral to discourage cheating (2/2)
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.