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The number of confirmations a Bitcoin transaction has simply means the number of blocks that have been added to the Bitcoin blockchain since the transaction was added to the blockchain. Block height Confirmations123Bitcoin transactions. Download App Keep track of 10 minutes. PARAGRAPHMost cryptocurrency exchanges require between used to be somewhat of a 10 minute block time.
The more confirmations a transaction of confirmations is important is can be that a transaction will not be reversed and themselves from a double-spend attack, in which someone spends the.
Alternatively, you can use a more about how Bitcoin transactions to the constantly changing amount Bitcoin protocol is structured, make sure to have a look at our article discussing the.
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