How long does a transaction have to wait before it’s considered truly irreversible? Don’t worry—the class study rep has the answer:
On Ethereum, a checkpoint is finalized only when validators representing two-thirds of the staked amount vote to approve it.
The number of deposit confirmations required by an exchange is essentially the number it waits for transaction finality to reach a level the platform considers safe.
You learn after paying enough tuition: check the rules first.
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