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Old 12-15-2014, 09:48 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,394
Quote:
Originally Posted by k0nr4d View Post
- It's not instant transaction, you have to wait - dick in hand - for the confirmations.
This is not quite right.

Because each node tracks pending transactions, forming a network consensus, it is possible to conclude with a high level of confidence that a given transaction is valid, and will be incorporated into a future block, only 10 to 15 seconds after the sender initiates it.
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