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Chia coin download | He wrote in an email:. Since the block time of Bitcoin is 10 minutes to get 3 confirmations it will take about 30 minutes and to get 6 confirmations it will take 60 minutes. Each Bitcoin confirmations represents the total number of blocks that are generated since the block that has your transaction details. Tomaino writes:. For small transactions buyers and sellers may agree to wait for zero transactions, for larger transactions parties may want to wait for more blocks. So not just 6 confirmations; the more on-chain confirmations your transaction has the harder it is to rewrite. |
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Blockchain Confirmation - How To Verify A Bitcoin Transaction And Get Your Hash ID - BTC1confirmation fuels decentralized projects and invests in a range of areas and has gathered support from key individuals in the. 1confirmation is a forward-thinking venture capital firm at the forefront of innovation in the blockchain and cryptocurrency space. That means there will be one confirmation every 10 minutes starting once an unconfirmed transaction is added to the blockchain (an.