Practical insights won’t turn my life around overnight, but they can help me avoid a few pitfalls.
Today’s topic: transaction finality
On Ethereum, a checkpoint can only be finalized once validators representing two-thirds of the staked amount have voted to approve it.
When receiving a large payment, wait for enough confirmations or for finality before releasing it. Don’t just rely on seeing “on-chain.”
On Ethereum, the $ETH staked is the guarantee of finality: rewriting finalized blocks would cost a huge amount of stake. Currently 2498.88.
#ETH
Today’s topic: transaction finality
On Ethereum, a checkpoint can only be finalized once validators representing two-thirds of the staked amount have voted to approve it.
When receiving a large payment, wait for enough confirmations or for finality before releasing it. Don’t just rely on seeing “on-chain.”
On Ethereum, the $ETH staked is the guarantee of finality: rewriting finalized blocks would cost a huge amount of stake. Currently 2498.88.
#ETH