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How does a transaction get "stuck"? Internal system thing, right?
by bluedino 4y ago
How does a transaction get "stuck"?
Internal system thing, right?
- Ekaros 4y agoBasically you bid for someone to deliver a packet for you. They promise to deliver it as soon as your bid is high enough to get into bunch of deliveries they are going to do. If others pay more they might end up never delivering your packet...
- buzzin_ 4y agoThere is an informational asymmetry, so rogue exchanges can lie all they want without you knowing for sure, and those that do not want to give you your money for whatever reason always do (lie that is). This happened with MtGox and permanent withdrawal problems, both with USD and BTC. With USD, it was "Oh, no, its the banks, they are limiting us to $50.000 per day, it's not us". With BTC, it was "Oh, no, Bitcoin network has a bug, we cannot process withdrawals, it's not us".