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Results tagged with confirmations
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user 105201
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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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 ris …
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