Why are they unspendable? Do you mean it'd cost more in fees than the value of t... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		Anderkent on Feb 6, 2014 \| parent \| context \| favorite \| on: Mt.Gox Withdrawals Why are they unspendable? Do you mean it'd cost more in fees than the value of the output? edit: oh, you mean they're unspendable for the 100 generations it takes to confirm a coinbase.

nwh on Feb 6, 2014 [–]

Indeed. 120 confirmations are needed to avoid large chains of transaction dependancies being voided during a reorganisation.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact