Why do people often say “wait for 6 confirmations” for Bitcoin, but “finalized” for Ethereum?
Bitcoin only has probabilistic finality: the more blocks added after a transaction, the lower the probability it can be rewritten, though in theory it never reaches zero.
When receiving a large payment, wait for enough confirmations or finalization before releasing it—don’t just look at whether it’s “on-chain.”
On Ethereum, staked $ETH is the guarantee of finality: rewriting a finalized block would mean losing a large amount of stake.
Have you ever learned this the hard way? Share your experience to help others avoid the same pitfall.
#ETH
This is just my personal opinion, not investment advice.
Bitcoin only has probabilistic finality: the more blocks added after a transaction, the lower the probability it can be rewritten, though in theory it never reaches zero.
When receiving a large payment, wait for enough confirmations or finalization before releasing it—don’t just look at whether it’s “on-chain.”
On Ethereum, staked $ETH is the guarantee of finality: rewriting a finalized block would mean losing a large amount of stake.
Have you ever learned this the hard way? Share your experience to help others avoid the same pitfall.
#ETH
This is just my personal opinion, not investment advice.
