Topic: How many confirmations to be sure about a transaction? - page 4. (Read 3620 times)
6 confirmations is super safe, and is also a completely arbitrary number that the core devs came up with several years ago. In reality, you only need 1 confirmation to be relatively safe and 3 for large transactions just to be sure. In most cases, you can accept unconfirmed transactions, although with those, you should check the fee and for any dust outputs just to make sure that it will get confirmed.
6 is a good heuristic, however 1-2 is relatively safe for low/medium value transactions. The risks decrease exponentially with increased confirmations.
6 to be absolutely 100% safe.
Hello,
how many confirmations should a Bitcoin transaction have in order to be sure that the transaction could not be resolved?
how many confirmations should a Bitcoin transaction have in order to be sure that the transaction could not be resolved?
Like Shorena already touched on explaining, it really depends on what you are trying to buy. For most of the stuff 1 confirmation is enough. If you are buying something really valuable like a real valuable car or you are receiving or buying 100 BTCs for example, then wait for 6 confirmations. More then 6 there is no need whatsoever!
Hello,
how many confirmations should a Bitcoin transaction have in order to be sure that the transaction could not be resolved?
how many confirmations should a Bitcoin transaction have in order to be sure that the transaction could not be resolved?
I assume you mean reversed, not resolved.
1 confirmation should be fine for most deals. If you do a high value transaction you can reasonably ask for more than one.
Hello,
how many confirmations should a Bitcoin transaction have in order to be sure that the transaction could not be resolved?
how many confirmations should a Bitcoin transaction have in order to be sure that the transaction could not be resolved?
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