Let’s talk about on-chain transfers.
Once an on-chain transfer has been recorded in a block and received enough confirmations, no institution can unilaterally reverse it. Wallet providers and nodes can’t do anything about it either.
One thing many people overlook: this irreversibility protects the recipient. Once a payment has received enough confirmations, you don’t have to worry about the sender taking it back afterward.
If someone claims they can recover coins you’ve already sent and asks you to pay upfront, it’s almost certainly a scam.
End with the price: $BTC reports 81441.52, 24h +2.13%.
#BTC
Once an on-chain transfer has been recorded in a block and received enough confirmations, no institution can unilaterally reverse it. Wallet providers and nodes can’t do anything about it either.
One thing many people overlook: this irreversibility protects the recipient. Once a payment has received enough confirmations, you don’t have to worry about the sender taking it back afterward.
If someone claims they can recover coins you’ve already sent and asks you to pay upfront, it’s almost certainly a scam.
End with the price: $BTC reports 81441.52, 24h +2.13%.
#BTC
