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Old 12-17-2017, 08:12 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
The author of this article seems to be confusing trading with transactions.

Also 6 confirmations (for a transaction) is just the recommended amount, really just an arbitrary figure from 8 years ago. Many businesses choose to allow fewer confirmations. In the past it was possible to be reasonably confident that a transaction with zero confirmations was legitimate - a merchant could decide in less than a minute that the transaction was going to confirm - but changes to Bitcoin Core in order to support Lightning now mean that no longer works.
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