How long does a transaction need to wait before it can be considered truly irreversible?
To overturn a finalized Ethereum block, an attacker would have to forfeit at least one-third of all staked ETH.
Ethereum’s proof-of-stake system uses Casper FFG. Each epoch consists of 32 slots and lasts about 6.4 minutes.
The most important thing to remember when managing positions: when receiving a large payment, wait for enough confirmations or for finality before releasing it. Don’t just rely on seeing that it’s “on-chain.”
$ETH 2370.8 (+1.14%)
To overturn a finalized Ethereum block, an attacker would have to forfeit at least one-third of all staked ETH.
Ethereum’s proof-of-stake system uses Casper FFG. Each epoch consists of 32 slots and lasts about 6.4 minutes.
The most important thing to remember when managing positions: when receiving a large payment, wait for enough confirmations or for finality before releasing it. Don’t just rely on seeing that it’s “on-chain.”
$ETH 2370.8 (+1.14%)