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The old link was throwing unkown error at the blockchain.com

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Andrey Esaulov 2020-01-06 20:13:35 +01:00
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@ -262,7 +262,7 @@ Jing's winning block became part of the blockchain as block #277316, containing
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You can see the block that includes https://blockchain.info/block-height/277316[Alice's transaction].
You can see the block that includes https://www.blockchain.com/btc/block/277316[Alice's transaction].
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((("confirmations", "role in transactions")))Approximately 19 minutes later, a new block, #277317, is mined by another miner. Because this new block is built on top of block #277316 that contained Alice's transaction, it added even more computation to the blockchain, thereby strengthening the trust in those transactions. Each block mined on top of the one containing the transaction counts as an additional confirmation for Alice's transaction. As the blocks pile on top of each other, it becomes exponentially harder to reverse the transaction, thereby making it more and more trusted by the network.