🧭 Wallets and Security｜Block Explorers
· Definition: The number of confirmations generally indicates how many blocks have been added to the blockchain after a transaction was included in a block. The more confirmations, the less likely the transaction is to be reversed.
· How to understand it: Screenshots and chat records can be faked. Data on a block explorer comes from the blockchain itself. To verify whether a transfer really took place, rely on the on-chain record.
· Note: If someone says they’ve transferred the funds, ask them for the transaction hash and verify it yourself on a block explorer.
$ETH 2146.57（-4.07%）
#ETH
· Definition: The number of confirmations generally indicates how many blocks have been added to the blockchain after a transaction was included in a block. The more confirmations, the less likely the transaction is to be reversed.
· How to understand it: Screenshots and chat records can be faked. Data on a block explorer comes from the blockchain itself. To verify whether a transfer really took place, rely on the on-chain record.
· Note: If someone says they’ve transferred the funds, ask them for the transaction hash and verify it yourself on a block explorer.
$ETH 2146.57（-4.07%）
#ETH