Using Bitcoin core 0.14, how many confirmations do I have to wait before I can send the coins out?
Is there a method to wait X confirmations before sending coins out from specific addresses that have less than X confirmations?
asked Mar 29, 2017 at 20:18
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4 Answers
Using Bitcoin core 0.14, how many confirmations do I have to wait before I can send the coins out?
Bitcoin Core will let you spend received money after 1 confirmation, and let you spend change (money leftover from a transaction you sent yourself) without confirmations.
If possible, it prefers using coins that have 6 confirmations.
Is there a method to wait X confirmations before sending coins out from specific addresses that have less than X confirmations?
You'll have to do that manually, using listunspent and createrawtransaction.
answered Aug 27, 2017 at 21:32
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I tried it again and it appears that 2 confirmations is needed. Counting moment transaction appears in mined block as first confirmation. Dec 7, 2018 at 10:35
Minimum 1 confirmation needed to send Bitcoin fromaccount to address.
Example : bitcoin-cli sendfrom fromaccount tobitcoinaddress amount [minconf=1] [comment] [comment-to]
Reference: https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_calls_list
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Note that the account system in bitcoin core is deprecated, including
sendfromSep 30, 2017 at 1:26
do I have to wait before I can send the coins out?
no
Is there a method to wait X confirmations
yes. there is CSV opcode. you can create p2sh-address for yourself and can not spend from it before several confirmations of any incoming funds. but ask yourself what a reason for such restricts?
Your transaction would be added to block and broadcasted to other nodes if in miner's blockchain that btc belongs to you. Otherwise, there is no waiting time.
But if you are trying to spend a coinbase transaction (reward mined), you will have to wait for 100 confirmations.
