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A client sets his mining address directly to their MtGox deposit address. Different client tries to withdraw the funds. MtGox grabs a couple output it owns with
by Anderkent 13y ago
A client sets his mining address directly to their MtGox deposit address. Different client tries to withdraw the funds. MtGox grabs a couple output it owns without regard to its age and tries to send it to the withdrawing client. The transaction is delayed because some of these outputs are fresh.
- nkuttler 13y agoI see, thanks. I don't really see how that could lead to so many dealyed transactions though.
- Anderkent 13y agoA freshly mined coin is not valid for 120 generations. That's to avoid transactions being voided if the very end of the blockchain switches (if the chain is A->B->C, and you spend coins mined in B in C, but then the chain is overtaken by A->D->E->F, your transaction is invalid (coins genrated in B won't appear in the new chain))
- nkuttler 13y agoYes, I know.
- im3w1l 13y agoBut "everyone" is poolmining. And the pools are surely professional enough not to mine directly into mtgox?