Confirmation

Quick definition

Each new block added after your transaction โ€” more confirmations mean it's more final.

When your transaction is included in a block, it has one confirmation. Every block mined afterwards adds another, making the transaction exponentially harder to reverse.

Small payments are often accepted at 1 confirmation; exchanges typically require 2-6 for deposits. On Bitcoin, six confirmations (~1 hour) is considered effectively irreversible.

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