Cryptocurrency Q&A
How many confirmations does Bitcoin SV need?
How many confirmations does Bitcoin SV need?
Michele
Thu Dec 26 2024
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7 answers
1540
I'm curious about the number of confirmations required for Bitcoin SV transactions. Could someone please clarify how many confirmations are typically needed for Bitcoin SV?
7 answers
CryptoMaven
Sat Dec 28 2024
The Bitcoin network operates with a specific requirement for transaction confirmations.
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PulseEclipse
Sat Dec 28 2024
Specifically, six confirmations are necessary for a transaction to be deemed valid on the Bitcoin network.
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DigitalDukedom
Fri Dec 27 2024
This number ensures a high level of security and reduces the risk of double-spending.
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KpopStarletShine
Fri Dec 27 2024
Another cryptocurrency, Bitcoin gold (BTG), has a different confirmation requirement.
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Maria
Fri Dec 27 2024
In contrast, the Bitcoin cash (BCH) and Bitcoin SV (BSV) networks have a lower confirmation requirement.
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