Questions tagged [confirmations]

Confirmations correspond to the number of blocks that are dependent on a given transaction. This includes the block containing that transaction and all blocks after it in the blockchain. The more confirmations a transaction has, the more likely is it that it will remain in the blockchain permanently.

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Bitcoin Transactions confirmation [duplicate]

I'm new to crypto trading and id like to know if bitcoin transactions have ever taken more than 7 days to confirm? kind regards rob
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Does Bitcoin “confirmations” have nothing to do with fullnodes — only miners?

Roughly every 10 minutes, a new "block" is created. If Joe sends Sue a satoshi, it will be at least 9 minutes and 59 seconds until they get 1 confirmation (as I understand it). Then, ...
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What happens if your transaction is never confirmed?

If I have a low amount and don't include a fee, the transaction takes forever to get confirmed. What happens if it never gets confirmed? Can the wallet that I sent it to still spend the money?
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Why do nodes trust other nodes to approve their transactions?

I know that the blockchain technology works so well, because everybody has basically a copy of the last ledger. Therefore, if a transaction happens, everybody inside the network has to "approve&...
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Can I earn mining rewards by mining my own transactions?

Lets say, I have a proper industrial grade mining setup. I have two accounts. I transfer some bitcoins back and forth between two accounts. Both accounts are using the same machine or different ...
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What are bitcoin “confirmations”?

When I receive bitcoins I see a certain number of "confirmations" in the client. What do these mean? Why do most sites make me wait for 6 "confirmations" before a purchase will go through?
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How many times a single transaction can be included into different blocks?

I would like to know is there a limit after which a miner cannot include a transaction into his block.
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Why is 6 the number of confirms that is considered secure?

Why is 6 is the number of confirmations that is considered secure? I haven't found any mathematical explanation or otherwise that explains why it is 6 and not 5 or 7. Is there a historical reason for ...
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Do Miners get a reward for re-confirming blocks?

As far as I know, to ensure double-spending didn't happened and also for other security reasons, there is minimum number of confirmations that a transaction should have to be accepted. That value is ...
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How can I accelerate confirmations in ledger nano s?

I am using Ledger Nano S hardware wallet to store my bitcoins. Last week, for an experiment, I decided to send bitcoins to hitbtc currency exchange with zero btc fees. I was wondering how many hours ...
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mSigna: Signed, send, but 0 confs despite high fee (0.001 BTC)

Tried to send my first tx from mSigna today. Receiving was painless, but the send does not get included into a block since half a day, and dozens of blocks passed. I unlocked the account, created ...
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How to configure bitcoind to wait for X confirmations to make the payment submitted

I'm using bitcoind for an ecommerce website. Walletnotify setting in bitcoin.conf only fires twice (once the payment appears on the network and then when the payment is confimed the first time by a ...
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How the bitcoin network solves the double-spending problem by adding all the transactions that happened at the same time into one block

According to my research, I understand if person A sends 2 BTC to person B and at the same time person A sends the same input to himself before the input is considered as spent. So, now there will be ...
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Sent two btc transacton to payeer wallet less than the mnmum deposit,neither where credited

recently sent to my payeer wallet a 0.0002 btc transaction which is less than the 0.0005 minium btc deposit, then did a second transacton of 0.0003 btc thnking that it will sums up. Both transaction ...
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Why is my transaction not getting confirmed and what can I do about it?

I sent a transaction without (or with an exceptionally small) transaction fee using extremely small or unconfirmed inputs while the stars were not standing right. For whatever reason, I have been ...
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What are Green Addresses?

What are Green Addresses? Is it true that they can solve the "confirmation delay" problem, and how does that work? Are there any drawbacks?
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Why wait for several confirmations before shipping?

Suppose customers pay me bitcoins for their purchases. As far as I understand, I could check block chain that the proper payment amount has been made to the address I generate for each customer, and ...
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Why would more confirmations help in a 51% attack scenario?

After the 51% attack on Bitcoin Gold. The developers of the cryptocurrency recommended the exchanges to increase the confirmations. I don't understand why increasing the confirmations would help if ...
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How to get both confirmed and unconfirmed transaction details of foreign(non-wallet) addresses from bitcoin-node server?

How to get both confirmed and unconfirmed transaction details of foreign(non-wallet) addresses from bitcoin-node server? Actually i have generated the addresses using third party library and sent some ...
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Why does a thin node need to know if a transaction is present in specific block's merkle tree?

I understand what a merkle root is and how merkle proofs work. It's all about thin nodes checking whether a specific transaction ID is in a specific block. So, thin node says: I have a transaction ID -...
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What happens if my transaction is not accepted because I did not pay fees?

I was reading this thread about a client fork that does not force transaction fees and I noticed the big red warning saying that some coins might get lost if I am not careful. What does this mean? ...
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Why can bitcoins never be refunded unless the receiver agrees to send back the money?

I have used a number of ecurrencies and they all seem to share what I've never understood about BTC, which is that once it is sent, it's gone. Often BTC are sent but legally should be refunded, but ...
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I made a transaction 7 hours ago, the transfer has not yet arrived. I didn’t know that it’s impossible to choose a low commissio [duplicate]

Good afternoon, I made a transaction 7 hours ago,0.0059 BTC, commission 0.0002 the transfer has not yet arrived. I didn’t know that it’s impossible to choose a low commission, because I did it for ...
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Why doesn't BTC reward miners for confirmations, too?

Currently as far as I know when a miner discovers enough 0s, he broadcasts his solution to the network in order to win the coins. While, he broadcasts his solution (which gave him the 0s), he also ...
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Bitcoin Confirmation [duplicate]

it's been 2 days my transaction has not been confirmed yet https://www.blockchain.com/btc/tx/b58aa5a6884d444d783c0f6956d6495ac9dabe28d44d1833ac48ac942cfbc3b4 why it has so many inputs and outputs ...
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Where does “Included in Block” value comes from?

I was exploring transactions inside of a blockchain using this site, and inside of a transaction I noticed there is attribute called Included in Block and its description is: block this transaction ...
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Is history reversal a concern if the absence of attackers is assumed?

As described in the Bitcoin paper, the Bitcoin network may temporarily diverge, or "fork," as nodes may work on different blockchains. The network reconverges, however, as a node will always ...
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Modify the number of confirmations for an utxo to be ```safe == true``` in Bitcoin Core

I noticed that when I call listunspent on Bitcoin Core, UTXO with 0 confirmation are labeled unsafe, and thus prevented from being spent with sendtoaddress or fundrawtransaction. As soon as there's ...
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How to check if confirmation is done or not yet?

After sending Bitcoin to any address, how can I check if the transaction has at least one confirmation? Should I poll the transaction repeatedly or is there any event when confirmation is made.
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Cryptocurrency acceptance

I heard that the recommended waiting confirmation time for a bitcoin transaction is 6 blocks/ 1 hour. So a shop which lets its customer to pay in bitcoin without any waiting for confirmation would ...
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Transaction not complete for two days now

I sent bitcoins to a wallet using the QR code in order to be very sure of the address. It shows in my wallet that it has been sent. But the receiver haven't seen it in his wallet. I checked it online ...
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Why is my Bitcoin transaction not confirming today? [duplicate]

Please don't tell me that this also has something to do with this stupid Corona virus. First, it slashes the Bitcoin value in (less than) half. Then I can't order any groceries and have to sit here ...
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Shortest and Longest block interval time ever recorded in Bitcoin

Bitcoin block interval time is on average 10 minutes, that is the difficulty is adjusted in such a way that every 10 minutes a miner will manage to find the right hash. This is just an average time ...
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why is the number of confirmations rising yet i haven't been credited with the bitcoins? [closed]

I have been waiting to receive bitcoins for close to 7 hours now. The number of confirmations is currently 111, so why is it so? here is the transaction batch ...
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Instant confirmations with pre-published, locked, transactions

(Clarification: This is not an attempt to solve the problem of a vendor taking the money and running without handing over the merchandise. Problems like that can't be solved without some third party. ...
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How Bitcoin mining contributes to confirmations?

Based on my knowledge I know (maybe wrong) when a miner is doing hash, he is inputting any arbitrary values, in order to get a value that can be hashed into something with certain preceding zeros. ...
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Transaction confirmed for hours, not available in balance

My bitcoin transaction has been confirmed for more than 24 hours and also on the block chain but it has not yet reflected on the receivers balance, all transaction details are correct,what could be ...
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Negative number of confirmations for a testnet transaction on blockexplorer

I am curious about the test transaction f72f59a32c1bac47ec87bc3678ec44e98eece5e235d29d79cd1f5461ccc5bf38. Depending on which site I view this transaction, the number of confirmations is positive or ...
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Which wallets support double spending?

Which wallets support double spending? i.e. cancelling a transaction with 0 confirmations by using higher fees
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Bitcoin successfully deducted on sender wallet but did not reach receiver wallet

Here is the wallet address for receiver: 1Gouzjo9Jav1k4AmRoUJJMzidVfnMoSieS. I had used the Blockchair site to see and track status. Based on the details, account had seen receiving last 21 hours. ...
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Genesis block coinbase transaction without confirmations

Why the coinbase transaction, comming from the genesis block, don't have confirmations? All the others coinbase transactions have confirmations, but not in the Genesis block.
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Is Block Finalization a valid development to remove the threat of 51% attacks?

https://www.reddit.com/r/btc/comments/bq8cqo/btctop_currently_has_51_hashing_power/eo2p4md?utm_source=share&utm_medium=web2x A recent comment from a Reddit user in response to BTC.top acquiring ...
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Can bitcoin exist without miners?

In the past year only, the bitcoin mining difficulty has increased fivefold. If in the coming years the difficulty increases so much that mining is no longer profitable (i.e. consumes more power than ...
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How to minimize risk when accepting zero confirmation payments?

I'm trying to setup a way of accepting Bitcoin payments in real life situations, where waiting for confirmations is typically not an option. I understand this is never 100% risk free (especially with ...
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Blockchain.info confirmation misunderstanding

I have some misunderstanding regarding how confirmation work on blockchain.info. If we go to payment history we can see info about confirmation in two places. First in history of all transactions. ...
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How to perform a double spend attack in websites that accept transactions with 0 confirmations?

To perform a Finney attack or a 51% attack I need to have lots of computational power, but in this case (a website that accepts transactions with 0 confirmations) it seems to me that I only need to ...
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What does “Nonstandard output” mean on Tradeblock transaction page?

I tried to send bitcoin but the recipient hasn't received it. The trade block page shows "Nonstandard output" under outputs as shown in the link below: Tradeblock page for transaction I used an ...
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Can you mine without transactions?

As far as I know, mining means verifying transactions and thus keeping the Bitcoin network alive. Today, at a local meetup, some people have informed me that mining doesn't need transactions. They ...
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how to prevent losses after a hard or soft fork

i learned about hard and soft forks from this question; now i have a basic understanding about forks; but the answers of that question did not say what happens to transactions on the stale chain; if i ...

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