.jpg)
Harold
How can I verify the authenticity of a Bitcoin transaction or address?
2023-06-02 07:11
Answer list:：
.jpg)
Shirley
Release time 2023 06 02
.jpg)
Beatrix
Bitcoin query confirmation refers to the process of verifying the legitimacy of a Bitcoin transaction by checking the blockchain network. The blockchain is a public ledger distributed across a network of computers that record all Bitcoin transactions. When a transaction is initiated, it is broadcast to the network and verified by a number of computers known as nodes. The verification process involves checking the transaction details against the network's record of all previous transactions. Once a sufficient number of nodes have verified the transaction, it is confirmed as legitimate and added to the blockchain. The number of confirmations required to consider a transaction as fully confirmed varies depending on the specific Bitcoin exchange or wallet being used. Generally, six confirmations are considered to be a standard level of confirmation.
Release time 2023 06 02