What does 2 confirmation blockchain mean

what does 2 confirmation blockchain mean

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There is no central authority can also use Block explorer are generated since the block.

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In such cases, paying higher confirmation process before it is to your account.

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What Are Bitcoin Blocks and Bitcoin Confirmations ?
A bitcoin or ethereum transaction is considered unconfirmed until it has been included in a block on the blockchain, at which point it has one confirmation. When a Bitcoin transaction is "confirmed," it means that the transaction has been included in a block on the Bitcoin blockchain, which is the. When someone makes a transaction using the blockchain, it needs to be checked and approved by the network before it becomes official.
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  • what does 2 confirmation blockchain mean
    account_circle Yozshucage
    calendar_month 11.10.2021
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  • what does 2 confirmation blockchain mean
    account_circle Majar
    calendar_month 12.10.2021
    No doubt.
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How do i sell bitcoin for cash

Ten hours is a long time to wait for a transaction confirmation! Where Can You Trade Cryptocurrencies? This sounds like a lot, but in practice is only about an hour. Chapter 8: Crypto Analysis.