25 Oct '16, 11pm

Over 43k Bitcoin transactions unconfirmed on Oct 26

Having transactions confirm within a reasonable time frame is pretty important. Surely you don't think that it's a good thing for transactions to take so long to confirm? This is more than just having to wait longer for confirmation. This makes it impossible / much more difficult to buy things using many Bitcoin payment processors. Several of the ones I've used have a 15 minute window during which they have to see a confirmation at the receiving address they've provided, after that they float the exchange rate used for the transaction. Now you've either over or underpaid. You can deal with this with a several emails and a few more transactions, but it's a PITA. This is even worse if you were demoing Bitcoin to someone when this happens. If I can FedEx someone a check more quickly than I can send someone Bitcoin, that's a problem. The frequency isn't a reason to dismiss pos...

Full article: https://www.reddit.com/r/Bitcoin/comments/59e9su/bitcoin_...

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