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Code Issues Releases Wiki Activity

Attempting clarification of 6 confirmation standard

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Jameson Lopp 2014-08-19 09:36:17 -04:00
parent 29b6f111f0
commit a51d2f941b
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preface.asciidoc
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@ -131,7 +131,7 @@ blockchain::
confirmations::
((("confirmations")))
Once a transaction is included in a block, it has "one confirmation". As soon as _another_ block is mined on the same blockchain, the transaction has two confirmations etc. Six or more confirmations is considered final.
Once a transaction is included in a block, it has "one confirmation". As soon as _another_ block is mined on the same blockchain, the transaction has two confirmations etc. Six or more confirmations is considered sufficient proof that a transaction can not be reversed.
difficulty::
((("difficulty")))