Why does a transfer need to wait for several confirmations?
Bitcoin produces a block approximately every 10 minutes, so the commonly mentioned 6 confirmations take about an hour.
The more blocks added after a transaction, the more blocks would need to be redone to change it, making it less likely to be reversed.
Here’s a real-time price: $BTC Current price: 80392.54, 24h +4.64%.
Don’t stake all your savings on a single prediction.
Bitcoin produces a block approximately every 10 minutes, so the commonly mentioned 6 confirmations take about an hour.
The more blocks added after a transaction, the more blocks would need to be redone to change it, making it less likely to be reversed.
Here’s a real-time price: $BTC Current price: 80392.54, 24h +4.64%.
Don’t stake all your savings on a single prediction.