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I think this is why most merchants who accept bitcoin won't consider the balance paid until it has been confirmed x times.

I vaguely remember Humble Bundle having some verbiage about confirmations before completing the sale.




I've bought from the Humble Store twice recently, both transactions have been accepted instantly (i.e. before being included in the blockchain).

I don't believe that anyone's heard of a successful Bitcoin double-spend attack against a competent merchant yet.


That's because protection was added (about a year ago I think) to rapidly broadcast detected double-spends through the network. Before the canary function, it actually used to be pretty easy to get a double-spend accepted into the network within 5 minutes of the first spend.


The Humble Bundle uses Coinbase to accept bitcoin, so they'd be completely insulated from actually dealing with bitcoin. I did notice that I got the payment confirmation & game link email when the transaction I sent had 1 confirmation though.


I wonder how many of their sales processed by Paypal get reversed.




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