Someone asked: How long does a transaction have to wait before it can truly no longer be reversed?
I usually answer like this: Ethereum’s proof-of-stake system uses the Casper FFG mechanism. Each epoch contains 32 slots and lasts about 6.4 minutes. The number of confirmations an exchange requires for a deposit is essentially how long it waits for the transaction to reach a level of finality it considers safe.
$ETH 1939.21（-5.56%）
If there’s anything I didn’t cover, let’s discuss it in the comments.
#ETH
Stay level-headed; don’t get carried away.
I usually answer like this: Ethereum’s proof-of-stake system uses the Casper FFG mechanism. Each epoch contains 32 slots and lasts about 6.4 minutes. The number of confirmations an exchange requires for a deposit is essentially how long it waits for the transaction to reach a level of finality it considers safe.
$ETH 1939.21（-5.56%）
If there’s anything I didn’t cover, let’s discuss it in the comments.
#ETH
Stay level-headed; don’t get carried away.
