Technical deep dive: transaction finality
The number of confirmations an exchange requires before crediting a deposit is essentially the point at which a transaction has reached a level of finality the platform considers safe.
When receiving a large payment, wait for enough confirmations—or for finality—before shipping. Don’t rely only on “confirmed on-chain.”
On Ethereum, the $ETH staked is what guarantees finality: rewriting a finalized block would result in a massive loss of staked funds.
What topic would you like to learn about? Leave a comment below.
Just my personal opinion—not investment advice.
The number of confirmations an exchange requires before crediting a deposit is essentially the point at which a transaction has reached a level of finality the platform considers safe.
When receiving a large payment, wait for enough confirmations—or for finality—before shipping. Don’t rely only on “confirmed on-chain.”
On Ethereum, the $ETH staked is what guarantees finality: rewriting a finalized block would result in a massive loss of staked funds.
What topic would you like to learn about? Leave a comment below.
Just my personal opinion—not investment advice.