My very first Bitcoin transaction has 740 confirmations, the next have 239, 212, 70, 43, 5, and 5, respectively. Is this just because my first transaction has had more time to get more confirmations, or do first transactions always receive the most confirmations, even if the subsequent transactions follow immediately thereafter?
Viz., does the first bitcoin transaction need the most confirmations, such as to verify the legitimacy of a new user?
thanks