Confirmation

In this article, We learn about "Confirmation ".Let's Go!

Confirmation means that a cryptocurrency transaction has been verified (through the mining process) and added to a block containing many other transactions.

Confirmations are more blocks containing more transactions that have been added to the blockchain. Confirmation times vary for different cryptocurrencies.

The confirmation time of Bitcoin is about 10 minutes. This means that roughly every 10 minutes, your Bitcoin transaction is buried deeper in the blockchain, making it harder to change.

Many exchanges require multiple confirmations until the transaction is considered safe.

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