Confirmation

Confirmation is the process by which a blockchain network validates a transaction and ensures its accuracy before adding it to a block. Once a transaction is confirmed, it becomes part of the blockchain, reducing the risk of reversal or fraud. Each confirmation strengthens the security of the transaction, as more blocks are added on top, making it more difficult for the transaction to be altered or removed.

The number of confirmations required can vary depending on the network or the transaction’s importance. For example, higher-value transactions may require more confirmations to ensure greater security, while smaller transactions might only need a few. Each confirmation adds a layer of security and finality to the transaction, making it increasingly immutable with each block added.