Confirmations | CoinMarketCap

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CMCGlossary: Confirmations ✨ A cryptocurrency transaction is considered confirmed when it is included in a block on the blockchain. Each new block after the first one is an additional confirmation for that transaction. 👉 Details:

As soon as an unconfirmed transaction does make it into a newly mined block, it receives one, or, in other words, becomes confirmed. After that, every new block that gets added to the chain becomes an additional confirmation for said transaction.

So, for example, if a TX was confirmed in block number 656307 and the currentThe number of confirmations is important for security reasons: if a hacker wants to attack the blockchain by feeding it false transaction data, they need to break the security of each individual block in strict order, starting from the latest one in the chain.

 

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Confirmation | CoinMarketCapCMCGlossary: Confirmation ✨ In cryptocurrency, a confirmation is a measure of how many blocks have actually passed since a transaction was added to a blockchain. 👉 Details: wow i have not logged in to your site in a while... im REALLY enjoying the new setup.. got everything how i like it :) floki Thats nice
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