Confirmation

« Back to Glossary Index

In cryptocurrency terms, confirmation is termed as a measure of the number of blocks that have actually passed since a transaction had been added to a blockchain. A crypto transaction is considered to have been confirmed when it is included in a block on the blockchain. However, each individual block following the first one is an additional confirmation for that transaction.

« Back to Glossary Index

Check Also

latest-crypto-news-aax-chainlink-telegram

Latest Crypto News On Chainlink, AAX, Telegram And More

In recent days, the cryptocurrency zone is flooded with some important occurrences that are important …

AdBlock Detected

Looks like you are using an ad-blocking browser extension. We request you to whitelist our website on the ad-blocking extension and refresh your browser to view the content.