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I swear the swiftness with which people swoop into these kinds of threads to suggest crypto/blockchain is bordering on becoming a meme. If the network is fully
by dvtrn 8y ago
I swear the swiftness with which people swoop into these kinds of threads to suggest crypto/blockchain is bordering on becoming a meme.
If the network is fully down, I don't see how the scenario for this business owner changes with blockchain, they'd have the exact same problem with a register that can't close an ACH: backlogged transactions that need to catch up eventually, meaning some card types are going to decline if the POS can't reach a clearing house utilized by the card vendor.
- smileysteve 8y agoEven if you wait for 15 confirmations, that's easily fufilled by the others in a market. Similarly, for it to make it to the chain only 1 of those 15 confirmations has to connect to any larger network sometime in the future.