If I recall, there is a bug in Monero were your XMR could be traced when you send monero within a short period of time. If I recall one should wait 2 hours or 10 blocks?
If I recall, there is a bug in Monero were your XMR could be traced when you send monero within a short period of time. If I recall one should wait 2 hours or 10 blocks?
10 blocks is 20 minutes (2 minutes per block). You cant send monero before that anyway because of the 10 block lock time.
Good point! Come to think of it, though, this wait time could be inconvenient. With traditional money, you can buy something, then you can freely buy something else after a few minutes. Would having multiple Monero wallets be the only solution, in case one wants to go on a shopping spree using xmr?
A nice fix for this is monerujos pocketchange feature. You shouldn’t use it on your main wallet though since it can impact privacy a bit.
Thanks!
Just use a light wallet like cake for small stuff. Or after several partial transactions, you will have different amounts to spend from, sorta like having different size bills in your wallet.
Is the 10 block lock time there to prevent double spend and leaking any of your transactions?
Its there to prevent double spends and block reorgs that would break where ring inputs are. The biggest reorg in several years was a 3 block reorg which isnt to bad
I can confirm this finding. My log shows 1 reorg of depth 3 since August 2021. In total my log shows 326 reorgs since then with 325 of them being 2 blocks deep.