How do you feel about long confirmations

[Casinoval 330]

Some cryptocurrency blockchain network is so very slow to process transactions, it take a very low time for confirmations. How do you feel about waiting for a long time for a transactions to get confirm.

[Lubruselu 2803]

When my transactions are took too long to be confirmed, I always be so worried, because this are the chance of the hackers to hack unconfirmed blockchain transactions

[Uttom Deb 333]

23 hours ago, Casinoval said:

 

On top of the long confirmation, I'm not really thinking about it because what I know is that cryptocurrency won't last long so I don't have to spend my days thinking about it.

Edited February 9, 2020 by Uttom Deb

[tienda 8776]

Yes you are right some times there are some cryptocurrency transactions Blockchain network is so very very long to process, but I think this problem is about when there are a lot of transaction at same time.

 

 

[Afrizal rahman 2636]

Sometimes things that are slow make us feel worried. But that's the Blokchain network, because a lot of transactions that occur therein so we need time to wait for confirmation that occurs. But I think this is safer.

[Sedy 670]

On 2/8/2020 at 10:27 PM, Casinoval said:

Some cryptocurrency blockchain network is so very slow to process transactions, it take a very low time for confirmations. How do you feel about waiting for a long time for a transactions to get confirm.

I don't actually mind ,as there are numerous numbers of transactions going through blockchains every seconds, it may take time when the transactions are high but,rest assured that your crypto are safe and will be delivered to you sooner or later.

[Soaib khan 1035]

Bitcoin transaction confirmation taking very long time but if you pay high fees then transaction confirm fast.one time my transaction taked 1 day for confirmation.

[Sapdrx 469]

On 2/8/2020 at 5:57 PM, Casinoval said:

Some cryptocurrency blockchain network is so very slow to process transactions, it take a very low time for confirmations. How do you feel about waiting for a long time for a transactions to get confirm.

I agree but upgrades can be expected. Bitcoin will be upgraded in 2020 speeding up confirmations. Also some new crypto have been created with different confirmation structures to speed transactions up.

[Yanadia 1517]

As i remember waiting to confirm a transaction is the most heartbreaking thing as well as the mind.  But after I understood the problem, it didn't bother me anymore.  Confirmation that sometimes delays or becomes time equal because we are sometimes not careful or network problems are conclusions that I experienced from my incident.just cek everything before you made transaction network, system of exchanged online or not ( might maintenence ), etc . Mostly is network in our side is the real problem 

[Darkelf11 262]

On 2/9/2020 at 12:57 AM, Casinoval said:

Some cryptocurrency blockchain network is so very slow to process transactions, it take a very low time for confirmations. How do you feel about waiting for a long time for a transactions to get confirm.

Actually, personally, waiting for the confirmations from the transactions that I have made is okay. I am not in hurry to be pissed about the long confirmations. Maybe it's not okay for those people who wanted for an instant confirmations because the transaction might be an emergency. If they are using bitcoin, better if they will pay for the priority confirmations.

[gigabyteRTX 1583]

Well, of course, I get annoyed because I expect that every transaction that made by cryptocurrency is faster and smoother but it is impossible to encounter such problems because there's no perfection in everything.

[Lunaa 238]

I can't help but feel worried, what if my assets never arrived on my wallet. I've been having those thoughts every time I had a very long confirmation. Well, at the end of the day, it will arrive just fine. 

[mskhatri24 299]

Everyone like to do transaction as quick as possible and during the long confirmation we feel some kind of restless until the transaction get confirm, so there is lot of uncertainty during this time period.

[Nayan deka 317]

Confirmations of bitcoin transaction may take upto 10 minutes, and some coins like litecoin takes 25 minutes for just 2 confirmations, confirmation are done through blockchain.

[Casinoval 330]

3 hours ago, Darkelf11 said:

Actually, personally, waiting for the confirmations from the transactions that I have made is okay. I am not in hurry to be pissed about the long confirmations. Maybe it's not okay for those people who wanted for an instant confirmations because the transaction might be an emergency. If they are using bitcoin, better if they will pay for the priority confirmations.

Yeah for people who are willing to wait for the transaction to complete it's ok but many people are looking for fast transaction for buying or selling something online.

[Jeet Narayan 1940]

Actually exchange or wallet take 5 minutes to 1 hour to confirm transaction. Few months ago I'm send 0.4 eth hotbit exchange to blockchain wallet but this is process was take 10 hours. that time I'm afraid little bit.

[BTC Future 3946]

On 2/8/2020 at 6:57 PM, Casinoval said:

Some cryptocurrency blockchain network is so very slow to process transactions, it take a very low time for confirmations. How do you feel about waiting for a long time for a transactions to get confirm.

A Bitcoin transaction needs 6 confirmation in order to be considered secure. Satoshi explained that in order for a honest majority to outrun a dishonest minority. Anyway you need 6 confirmations which take about an hour in order for a transaction ot be valid. There are exchanges and merchants that accept less, but even 3 confirmations are not considered safe.

 

[Calvinpriva 17296]

Its bored! A good transaction is that which takes you not than 12 hours and you receive your bitcoins.. But there are some wallets takes you almost 3 days to confirm your transaction.

[Interface User 1070]

This delay in confirmation is hard for me but I guess this type of process make the crypto currency more secure so I accepted it. But I guess this problem oocur because of some scalability problem especially in Bitcoin.

Edited February 11, 2020 by Interface User
Grammar/Spelling Mistakes

[hamo86 214]

if the process appear in blockchain so it is OK no worry 
if not just wait and then try to call the help center for the exchange you used to send money from 
may be there is a traffic jam on network and that happens usually 

[fatima123 320]

On 2/8/2020 at 9:57 PM, Casinoval said:

Some cryptocurrency blockchain network is so very slow to process transactions, it take a very low time for confirmations. How do you feel about waiting for a long time for a transactions to get confirm.

I used some blockchain technology such as tron, eos, xrp and eth are very fast blockchain transaction confirmations but btc has little huge time for confirmation reason is huge transaction volumes. 

[Tasrif Hossain 271]

In my opinion, one of the problems with Bitcoin is that one of the problems is that it takes a lot of time for transactions to be confirmed, which is very time consuming, which I think is the reason for the current upsetI really don't think the thing should be a little advanced by developing because Bitcoin makes me feel very nervous

[fuer44 1083]

I've experienced that, but not when I will withdraw, but when I will make a deposit. at that time I used the etherdelta platform, it took a very long time for the transaction process to be confirmed and entered into my account. even up to 1 day, but fortunately the price actually went up when my transaction was confirmed and entered. but if the opposite happens, it might be a loss. therefore if you wait 30 minutes has not been confirmed, it is better to cancel first because the server might be busy or down, or maybe there is maintenance.

[Gafar 63]

Of course there will be a solution to this thing soon and the transactions will pile faster. There are a lot of things I heard that they are working on to speed up the transactions a lot. I expect that it will be faster in the future, hopefully.

[Abanti Deb 39]

We certainly have a lot of benefits because of the long confirmation, we want everyone to work closely on cryptocurrency and earn good money in addition to the long confirmation.