【Quick explainer】Why can’t on-chain transfers be reversed?
Once an on-chain transfer is recorded in a block and has multiple confirmations, no one can unilaterally reverse it—not even wallet providers or node operators.
This irreversibility protects recipients: once a transfer has enough confirmations, there’s no need to worry that the sender might reverse it later.
For comparison, the market is at: $BTC is quoted at 81537.04, 24h -0.53%.
Understanding how it works can help you avoid some pitfalls, but it can’t replace risk management.
#BTC
Once an on-chain transfer is recorded in a block and has multiple confirmations, no one can unilaterally reverse it—not even wallet providers or node operators.
This irreversibility protects recipients: once a transfer has enough confirmations, there’s no need to worry that the sender might reverse it later.
For comparison, the market is at: $BTC is quoted at 81537.04, 24h -0.53%.
Understanding how it works can help you avoid some pitfalls, but it can’t replace risk management.
#BTC