Ads end in 20 seconds
This content is free thanks to our sponsors
Sponsored Ad – I may earn a commission if you click and buy
Crypto
Transaction Confirmation
When enough new blocks are added after your transaction so it becomes practically impossible to reverse.
More confirmations = more security. Exchanges and big merchants usually require several confirmations before they release goods or funds.It's like waiting for the referee to blow the whistle three times before your touchdown officially counts in a football game.
Real world: On Bitcoin, most people wait for 6 confirmations (about 1 hour) before considering a large payment final and irreversible.
💡 Always wait for at least a few confirmations on important transfers — it protects you from rare chain reorganizations.