Bitcoin. Confirmation.

Bitcoin runs on a series of confirmations. The more confirmations, the more secure the finality of the transactions. Due to the amount of energy committed in each confirmation, it is less and less likely that there will ever exist enough power readily available to overturn the transactions in the past. This ticking clock of the Bitcoin blockchain aims for a confirmation every 10 minutes.

Leave a Reply

Your email address will not be published. Required fields are marked *