Tag: number confirmations required

How Many Confirmations For Bitcoin

Bitcoin transactions are not instantaneous. They require time to be processed by miners and added to the blockchain. The number of confirmations required for a transaction to be considered valid varies depending on the network conditions and the amount of bitcoin being transferred. Typically, a transaction needs to have at least one confirmation within 10 […]

How Many Confirmations For Ethereum Classic

When you send a transaction on the Ethereum Classic blockchain, it needs to be confirmed by the network. The number of confirmations required is determined by the miner who mines the block in which your transaction is included. The default confirmation number for Ethereum Classic is 6. This means that a transaction is considered confirmed […]

How Many Block Confirmations Ethereum Classic

There are a few things to consider when it comes to how many block confirmations Ethereum Classic (ETC) requires. For one, the number of confirmations required for a particular transaction can vary, depending on the particular blockchain in question. In addition, the number of confirmations required may also depend on the amount of money being […]