How long does a transaction have to wait before it can no longer be reversed?
Ethereum’s proof-of-stake system uses the Casper FFG mechanism. Each epoch contains 32 slots and lasts about 6.4 minutes.
Ethereum blocks are usually finalized after two epochs (about 12.8 minutes).
The most important thing to remember when managing funds: deposits and withdrawals between different chains have different finality times. A delay in receiving funds doesn’t necessarily mean something has gone wrong.
$ETH 2409.77 (-0.42%)
#ETH
Cryptocurrency markets are highly volatile, so don’t take on too large a position.
Ethereum’s proof-of-stake system uses the Casper FFG mechanism. Each epoch contains 32 slots and lasts about 6.4 minutes.
Ethereum blocks are usually finalized after two epochs (about 12.8 minutes).
The most important thing to remember when managing funds: deposits and withdrawals between different chains have different finality times. A delay in receiving funds doesn’t necessarily mean something has gone wrong.
$ETH 2409.77 (-0.42%)
#ETH
Cryptocurrency markets are highly volatile, so don’t take on too large a position.