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c/cryptopay·posted 1 year ago by u/zaid_dahlberg

how much of what we believe about gas fees actually comes from escrow threads

Explainer Cold Box ×3 Slow Clap ×1 Long Haul ×2

Question in the title, detail here: how much of what we believe about gas fees actually comes from escrow threads.

Pasted rather than typed the address, then checked the first and last six characters. Habit now.

The sequence that makes this boring, which is the goal.

Ask which networks are accepted before you order. Pick the one with a sensible fee at that hour. Paste the address rather than typing it and verify the first and last several characters. Check whether the chain requires a memo. Send a test amount if the total is large. Wait for confirmations before treating anything as done. Save the transaction hash with the order reference.

Seven steps, most of them seconds long, and between them they eliminate every failure mode that gets posted on this board.

Sent to the right address on the wrong chain years ago. Nothing to be done. That is the lesson I paid for.

Screenshot none of this. Read the whole thread, including the parts where I am told I am wrong.

4,757 up / 727 down87% upvoted23 commentsid 1chikm19 Jul 2025

23 comments

9 in this archive, depth 5

best — the order this archive was captured in

u/cesar_teixeira536 points·1 year ago·edited

A test transaction costs one extra network fee and verifies the address, the network and the recipient’s crediting process before the main amount moves.

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u/ilias_nakamura421 points·1 year ago

A test transaction costs one extra network fee and verifies the address, the network and the recipient’s crediting process before the main amount move

cesar_teixeira is right about confirmations. "Sent" is not a status.

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u/arne_ndiaye326 points·1 year ago

Do you have the transaction hash?

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u/elodie_yilmaz143 points·1 year ago

escrow arrangements are rare and worth asking about

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u/dead_space_doug283 points·1 year ago

Agreed that quote expiry is ordinary. Rates move and a time-limited quote is not a pressure tactic on its own.

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u/hassan_castellanos0 points·1 year ago

Agreed that quote expiry is ordinary.

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

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u/hugo_pires1 point·1 year ago

the supplier cannot reverse it and neither can you

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u/marit_mwangi1 point·1 year ago

Small fix — that is the network fee, not a supplier charge. The distinction matters for the complaint you are making.

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u/chidi_vermeulen1 point·1 year ago

Disagree — a quote expiry is normal when a rate is being held. Pressure to decide immediately is a different thing.

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Paying for research material with crypto: which networks vendors actually credit, confirmation windows, memo/tag requirements, gas versus discount arithmetic, escrow for group buys, and the total absence of chargeback rights. Not investment discussion — payments only.

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