AkashicPay
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  • Introduction
    • Overview
    • Fee Structure
    • Transaction Times
    • Terminology
  • Dashboard
    • Dashboard
    • Account
    • Transfer
    • Settings
  • SDK
    • Getting Started
    • Payment Flow
    • SDKs & Toolkits
    • Functions
      • getDepositAddress
      • getDepositUrl
      • Identifier & ReferenceId
      • payout
      • Payout callback
      • Deposit callback
      • getTransfers
      • getBalance
      • getTransactionDetails
      • Errors
    • Supported Currencies
  • Guides
    • Quick Guide
    • Recommended integration flow
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On this page
  • L1 Network Deposit/Payout Timings
  • Network-Specific Confirmation Requirements
  • Additional Factors Affecting Deposit/Payout Time
  • L2 Network Transaction times
  • Important Considerations

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  1. Introduction

Transaction Times

L1 Network Deposit/Payout Timings

Transaction depsoit/payout times on our system depend primarily on the underlying L1 blockchain networks used due to their unique architecture and confirmation requirements. The following outlines the expected processing times for transactions on the Tron and Ethereum networks. Transactions made via AkashicChain add minimal latency to the times described below, so they are reflective of the expected deposit/payout timescales.

Network-Specific Confirmation Requirements

Tron (TRX) Network

  • Required Confirmations: 19 blocks

  • Estimated Time: 60-90 seconds

  • Block Time: Approximately 3 seconds per block

  • Notes: Under optimal network conditions, transactions may complete closer to the 60-second mark. During periods of network congestion, processing times may extend toward the upper estimate.

Ethereum (ETH) Network

  • Required Confirmations: 12 blocks

  • Estimated Time: 140-200 seconds

  • Block Time: Approximately 12-14 seconds per block

  • Notes: Ethereum transaction times can fluctuate based on network traffic and gas prices. Higher gas fees may result in faster processing during congested periods.

Additional Factors Affecting Deposit/Payout Time

Several factors can influence the actual time required for transaction confirmation:

  1. Network Congestion: High transaction volumes can extend processing times.

  2. Gas Fees (Ethereum): Higher gas prices typically result in faster transaction processing.

  3. Transaction Complexity: More complex transactions may require additional processing time.

  4. Node Synchronization: The sync status of nodes processing the transaction.

L2 Network Transaction times

Our L2 to L2 transactions don't depend on L1 networks but are subject to AkashicChain's node consensus and offer seamless transactions with transaction times on the order of ~100ms.

Important Considerations

  • The confirmation counts listed represent the standard security threshold for considering transactions final.

  • During extreme network congestion, processing times may exceed the estimates provided above.

  • For time-sensitive transactions, please account for potential network delays.

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Last updated 15 days ago

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