Why do people often say “wait for 6 confirmations” for Bitcoin, while Ethereum talks about “finality”?
Ethereum’s proof-of-stake system uses the Casper FFG mechanism. Each epoch contains 32 slots and lasts about 6.4 minutes.
When receiving a large payment, wait for enough confirmations or finality before shipping. Don’t just rely on “it’s on-chain.”
On Ethereum, the staked $ETH is the guarantee of finality: overturning a finalized block would result in a substantial loss of stake.
If you learned something, drop a 1 in the comments. If you didn’t understand, leave a comment and ask away.
Ethereum’s proof-of-stake system uses the Casper FFG mechanism. Each epoch contains 32 slots and lasts about 6.4 minutes.
When receiving a large payment, wait for enough confirmations or finality before shipping. Don’t just rely on “it’s on-chain.”
On Ethereum, the staked $ETH is the guarantee of finality: overturning a finalized block would result in a substantial loss of stake.
If you learned something, drop a 1 in the comments. If you didn’t understand, leave a comment and ask away.
