Aaron Voisine [ARCHIVE] on Nostr: 📅 Original date posted:2015-06-27 📝 Original message:On Sat, Jun 27, 2015 at ...

📅 Original date posted:2015-06-27
📝 Original message:On Sat, Jun 27, 2015 at 8:13 AM, Peter Todd <pete at petertodd.org> wrote:

> On 27 June 2015 03:14:41 GMT-04:00, Aaron Voisine <voisine at gmail.com>
> wrote:
> >Also remember that the sender is not the one who cares about delays or
> >even
> >getting confirmations at all, it's the receiver who's concerned with
> >these
> >things. They have to tell the sender up-front what they're willing to
> >accept in exchange for goods and services.
>
> You're assuming a receiver who is accepting a zeroconf transaction; most
> receivers don't.
>
> For instance, when I deposit funds on my exchange they don't credit those
> funds until 4 confirmations, so I very much cafe about how long it takes to
> get the first confirmation.
>

Yes, the receiver can tell the sender up-front that they are only willing
accept 4-confirmations, and put that on the sender to figure out, but the
sender then only cares because it's the receiver's requirement. The
receiver is the one who cares.
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