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What are Network confirmations?
What are Network confirmations?
Gabby M avatar
Written by Gabby M
Updated over 2 years ago

When crypto is transferred over its blockchain network, the transaction is processed and verified by all computers that integrate the network. A confirmation indicates that the network has processed a transaction and it is unlikely that it will be undone. When a transaction is included in a block, it is confirmed, and the same is true for each block after that. With each confirmation, the likelihood that the transaction would be undone is reduced exponentially.

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