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c/cryptopay·submitted 2 years ago by u/freya_onwuka

[Discussion] the crypto advice in here is 2 years out of date

Discussionbranch of 7 comments

Something I keep coming back to: the crypto advice in here is 2 years out of date. Pulling the figures out of the title: 2 years. All of it is written down as it happened rather than reconstructed. A test transaction costs one extra network fee and verifies the address, the network and the recipient’s crediting…

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7 comments, started 2 years ago
u/ravi_bergstrom173 points·2 years ago

Confirmations are the count of blocks built on top of the one containing your transaction. Until there are some, the transaction is not settled in any meaningful sense.

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u/sunday_shot_sal59 points·2 years ago

the same token exists on several chains and they are not interchangeable

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u/freya_onwukaOP79 points·2 years ago

Nearly sent on the wrong network. The token symbol was identical and the address format was the only clue.

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u/elin_trevino37 points·2 years ago·edited

Nearly sent on the wrong network.

Agreed — and the hash is the receipt. Nothing else is.

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u/annika_fonseca0 points·2 years ago

Agreed — and the hash is the receipt.

Adding the cheap insurance — test amount first on anything large.

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u/reverse_image_ron1 point·2 years ago

network and address, checked twice, before anything else

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u/sunday_shot_sal20 points·2 years ago

Agreed. Network first, address second, amount third, and in that order every time.

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