Silk Road forums

Discussion => Newbie discussion => Topic started by: ddiamondz on June 28, 2013, 02:39 am

Title: How many confirmations necessary on the Blockchain before money's deposited?
Post by: ddiamondz on June 28, 2013, 02:39 am
On average, how many times does the transaction need to be confirmed on the Blockchain before I can expect the funds deposited into my Silk Road account? Thanks in advance. It seems like an arbitrary process.
Title: Re: How many confirmations necessary on the Blockchain before money's deposited?
Post by: mcguire39 on June 28, 2013, 03:04 am
It takes 6 confirmations. I've heard it goes faster if you assign a higher commission to the transfer such as in the electrum wallet or wherever it is coming from.
Title: Re: How many confirmations necessary on the Blockchain before money's deposited?
Post by: CannabisKing on June 28, 2013, 03:14 am
6 is the correct answer, and this is for most transactions with bitcoin, not just SR. Peace
Title: Re: How many confirmations necessary on the Blockchain before money's deposited?
Post by: garyniger42 on June 28, 2013, 03:15 am
Usually 5-6, but I don't think SR's deposit system works only on confirmations. It tumbles the coins so there may be additional delay.
Title: Re: How many confirmations necessary on the Blockchain before money's deposited?
Post by: Haulting on August 02, 2013, 03:31 pm
how long does a BTC transfer from blockchain to SR take usually?
Title: Re: How many confirmations necessary on the Blockchain before money's deposited?
Post by: ghost1993 on August 02, 2013, 03:38 pm
i got mine to block chain and then to sr all within 4 hours
Title: Re: How many confirmations necessary on the Blockchain before money's deposited?
Post by: 1blackman on August 02, 2013, 03:55 pm
I'm @ 8 confirmations and still no deposit. but i believe my first xfer to SR took about 4 - 5 hours.