Questions tagged [confirmations]
Confirmations correspond to the number of blocks that are dependent on a given transaction. This includes the block containing that transaction and all blocks after it in the blockchain. The more confirmations a transaction has, the more likely is it that it will remain in the blockchain permanently.
258 questions
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What does the second number (vMB) of an unconfirmed transaction in Electrum mean?
What does, for example, "Unconfirmed [1.8 sat/vB, 4.13 vMB]" mean for a transaction in Electrum? I realize the "1.8 sat/vB" means the transaction fee, but what is the "4.13 ...
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Help me confirm received bitcoin payment
I have sent payments to both wallet address several times but 3 transactions I have been told were not received. The following are the two wallets 16v24AUcEt5oiUCJ4Bgouh7CgsNTpHg7CJ Transaction ...
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Are there any risks associated with not waiting for confirmation when moving my own btc?
Last week I noticed when moving btc from one address to another, my background process was sending btc frequently without checking confirmation (latestBlockHeight - txBlockHeight + 1). I understand ...
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Is validity of a transaction binary from a light-node's point of view?
Transactions in Bitcoin network don't have the finality property -- it is never (theoretically) true that a transaction can't be reversed some time in the future. Thus whether a transaction was ...
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How to scan future transactions of specified amount on a blockchain address?
I need to scan a blockchain address for future transactions of specified amount that are interested to me. For example, I need to detect future transactions in the range of from 100 USDT to 115 USDT. ...
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Sended from Blockchain to Jade and nothing on account
Five days ago, I transferred a small amount of BTC from my Blockchain.com account into my Jade Green wallet. Next day and my Blockchain account was empty and was record for transferring all my BTC. On ...
3 votes
2 answers
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At what height exactly can a relative time-locked output be spent?
Assume a UTXO created in block n with the output using a relative timelock of s blocks (s OP_CHECKSEQUENCEVERIFY). What is the lowest blockheight which may contain a transaction spending that UTXO? ...
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Are bitcoins with more confirmations more valuable?
Are bitcoins with more confirmations more valuable, or does the number of confirmations not add a sort of "time value of money (TVM)"?
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Transaction blocks vs bitcoins
Sorry if this question is too basic or if it has somehow been answered before... My understanding is that any type of Bitcoin block must be first mined, which applies to transaction confirmations, for ...
2 votes
2 answers
364 views
How throughput, latency, finality, waiting time are defined?
I am confused with the below terms. Could someone explain them in simple terms and confirm that my rationale below is correct? Waiting Time - Throughput - Finality - Latency - Confirmation Time I have ...
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1 vote
1 answer
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Can I use the Bitcoin Core CLI to learn the block height at which a transaction was mined?
I am interested in figuring out at what height a transaction was mined, but I cannot find the right command to extract this information. Perhaps it's not possible? My Bitcoin Core was not involved as ...
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1 vote
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What is the point of confirming a bitcoin transaction more than once?
Given that the bitcoin blockchain is immutable, why is there a need to have more than six confirmations for the same transaction? I was under the impression that a bitcoin transaction is 'official' ...
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Is it correct to differentiate between a validated bitcoin transaction and a confirmed bitcoin transaction?
From my understanding, a transaction is first 'validated' by nodes once a transaction is propagated - so in the early stages. These validated, but unconfirmed, transactions are then collected by ...
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what kind of a double spend attack is a career attack?
there is an article that name different type of double spent attach like "Several variations of attacks could allow miners with bad intentions to double spend. Included are the Finney attack, ...
