🔥 Crypto Basics: Block Confirmations
The more blocks stacked on top of a transaction, the more blocks would need to be recomputed to alter it, making it less likely to be reversed.
When receiving a large payment, don't assume it's settled just because you see zero confirmations. Wait for enough confirmations before counting on it.
By the way: $BTC reported 82059.41, 24h +0.61%.
If anything's unclear, ask me in the comments.
#BTC
The more blocks stacked on top of a transaction, the more blocks would need to be recomputed to alter it, making it less likely to be reversed.
When receiving a large payment, don't assume it's settled just because you see zero confirmations. Wait for enough confirmations before counting on it.
By the way: $BTC reported 82059.41, 24h +0.61%.
If anything's unclear, ask me in the comments.
#BTC