Why do people often say “wait for 6 confirmations” for Bitcoin, while Ethereum talks about “finality”?
Ethereum blocks usually become “finalized” after two epochs (about 12.8 minutes).
Here’s the key point: when depositing or withdrawing between different chains, confirmation times vary from chain to chain, so a slow arrival doesn’t necessarily mean something is wrong.
On Ethereum, the $ETH staked ETH is the guarantee of finality: rewriting a finalized block would result in a huge loss of stake. The current amount is 2243.58.
Cross-check information from multiple sources before making a decision; don’t rely on just one person’s account.
Ethereum blocks usually become “finalized” after two epochs (about 12.8 minutes).
Here’s the key point: when depositing or withdrawing between different chains, confirmation times vary from chain to chain, so a slow arrival doesn’t necessarily mean something is wrong.
On Ethereum, the $ETH staked ETH is the guarantee of finality: rewriting a finalized block would result in a huge loss of stake. The current amount is 2243.58.
Cross-check information from multiple sources before making a decision; don’t rely on just one person’s account.
