It’s the settlement assurances, stupid

How to evaluate blockchains

Nic Carter
24 min readJul 22, 2019

--

What is the time to finality on major blockchains? How long should I wait before considering a Bitcoin transaction settled? What are the risk factors which might cause me to demand additional confirmations? How do confirmations affect settlement?

Surprisingly, none of these questions have good answers, even in 2019, over 10…

--

--

Nic Carter

Partner, Castle Island Ventures. Cofounder, Coinmetrics.io