Trading Notes | Transaction Finality
① Bitcoin has only probabilistic finality: the more blocks added after a transaction, the lower the chance it will be reversed, but theoretically that chance never reaches zero.
② Chains based on Tendermint (CometBFT) consensus, such as Cosmos Hub, have finality as soon as a block is committed, with no need to wait for subsequent blocks.
③ When depositing to or withdrawing from different chains, finality times vary from chain to chain. A slow arrival doesn't necessarily mean something has gone wrong.
$ETH 2271.03(+1.2%)
#ETH
① Bitcoin has only probabilistic finality: the more blocks added after a transaction, the lower the chance it will be reversed, but theoretically that chance never reaches zero.
② Chains based on Tendermint (CometBFT) consensus, such as Cosmos Hub, have finality as soon as a block is committed, with no need to wait for subsequent blocks.
③ When depositing to or withdrawing from different chains, finality times vary from chain to chain. A slow arrival doesn't necessarily mean something has gone wrong.
$ETH 2271.03(+1.2%)
#ETH
