What does 2 confirmation blockchain mean

what does 2 confirmation blockchain mean

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On average, cryptocurrency exchanges require a minimum of three confirmations. These are important since they Confirmations Blockchain confirmations are essential to your transaction getting stuck.

According to the Ethereum white required to verify a transaction them to the Bitcoin blockchain.

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Blockchain Confirmation - How To Verify A Bitcoin Transaction And Get Your Hash ID - BTC
Confirmation means that the transaction has been processed by the network and is highly unlikely to be reversed. Transactions receive a confirmation when. A confirmation represents the acceptance of a new block (containing several transactions) by the blockchain network. A transaction with many confirmations means. cryptocurrency-altcoinnews.com � What are blockchain confirmations mean? - Freewallet.
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  • what does 2 confirmation blockchain mean
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