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spelling mistake #217
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saivann
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e64ee3e
Jul 18, 2013
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weewillywinkle commentedJul 18, 2013
on bit-coin site there is a spelling mistake. i have joined to comment here as i mailed people and got nowhere. it may seem trivial yet i find myself not trusting ANY site where i see a spelling error, so feel bit-coin would benefit from rectifying this: pasted below: the word is: dishonnest: and appears on the page:
http://bitcoin.org/en/you-need-to-know
Instant transactions are less secure
A Bitcoin transaction is usually deployed within a few seconds and confirmed within 10 minutes. During that time, a transaction can be considered authentic but still reversible. Dishonnest users could try to cheat. If you can't wait for a confirmation, asking for a small transaction fee or using a detection system for unsafe transactions can increase security. For larger amounts like 1000 $USD, it makes sense to wait for 6 confirmations or more. Each confirmation exponentially decreases the risk of a reversed transaction.
thank you