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comment by demure
demure  ·  2295 days ago  ·  link  ·    ·  parent  ·  post: Musings on Cryptocurrency - an invitation to ruminate

I guess my client set a really high transaction fee by default then? Shapeshifted BTC to ETH in early Dec and it took maybe an hour or two?

Or is it that shapeshift only cared about a relatiively low number of confirmations?





kleinbl00  ·  2295 days ago  ·  link  ·  

That link is to average confirmation time. It's not set; it's whatever the network lag is at the moment based on use.

As I recall, the transaction speed was designed to be 8 seconds.