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dido:public:ra:xapend:xapend.a_glossary:c:confirmation

Confirmation

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Confirmation is the blockchain transaction has been verified by the network. This happens through a process known as mining, in a proof-of-work system (e.g. Bitcoin). Once a transaction is confirmed, it cannot be reversed or double spent. The more confirmations a transaction has, the harder it becomes to perform a double spend attack..

Source: https://hackernoon.com/blockchain-dictionary-f4d098c9ef89

dido/public/ra/xapend/xapend.a_glossary/c/confirmation.txt · Last modified: 2021/10/04 07:18 by 40.77.167.101
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