How long should I wait before I send my Monero? (lemmy.world)

submitted 1 year ago by comcreator@lemmy.world to c/monero@monero.town

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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?

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[-] comcreator@lemmy.world 1 points 1 year ago

Is the 10 block lock time there to prevent double spend and leaking any of your transactions?

[-] shortwavesurfer@monero.town 4 points 1 year ago

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

[-] XmrLovingAncap@monero.town 2 points 1 year ago

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.