benjamin_brown_entrepreneur
Thu Jul 11 2024
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7 answers
1746
What are bitcoin confirmations?
Could you elaborate on the concept of "bitcoin confirmations" in a concise yet comprehensive manner? I'm curious to understand how they work within the Bitcoin network and why they are significant for transactions. Specifically, I'd like to know what they represent, how they are generated, and how they impact the security and finality of Bitcoin transactions. Additionally, I'm interested in understanding the relationship between confirmations and transaction fees, as well as any potential risks associated with low confirmation counts.
Arianna
Tue Jul 09 2024
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6 answers
1560
How many confirmations should a bitcoin wallet have?
I don't understand this question. Could you please assist me in answering it?
