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0 sats \ 3 replies \ @BeeRye OP 10h \ parent \ on: What Happens to transaction in a 'reorg' ? bitcoin
I see, so there is a serious risk for people that receive the payment such as merchants.
not so serious, Bitcoin is super secure. But it can happen, if they use the timechain (L1). Merchants usually use the Lightning Network because it's got near instant settlement.
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yes, i am thinking about that now how lightning helps mitigate this risk.
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For merchants, it's got to be fast. Nobody can wait an hour (6 blocks) for a payment to go through.
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