What is confirmation in blockchain?

Modified on Sat, 22 Jan, 2022 at 3:25 AM


  • Confirmation in blockchain means that the transaction done is processed by the network and is almost impossible to be reversed. 


  • Confirmation assures users that the transaction made by them over the blockchain network is secured. Each confirmation decreases the chances of a reversed transaction. 


  • The average time of a transaction completion is near about 15- 20 minutes.



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