Confirmation
A confirmation is each new block added after your transaction. More confirmations mean the transaction is harder to reverse.
Why it matters
Exchanges wait for a set number of confirmations before crediting a deposit.
Compare swap ratesRelated terms
BlockA block is a batch of transactions added to the blockchain together. Bitcoin adds one abou…MempoolThe mempool is the waiting room of unconfirmed transactions before they are added to a blo…
Written by the VaultX AI team. Educational only, not investment advice.
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