I'm wondering about the time it takes for 2
BTC transactions to be confirmed on the network. How long does the confirmation process usually take for these transactions to be completed?
6 answers
AzurePulseStar
Tue Dec 03 2024
The process of transaction confirmation in the blockchain network typically takes around 10 minutes for each confirmation.
mia_clark_teacher
Tue Dec 03 2024
This means that on average, one transaction can be expected to be confirmed every hour.
Daniela
Mon Dec 02 2024
For the majority of transactions, a single confirmation is sufficient to confirm that the transaction has been successfully processed.
JamesBrown
Mon Dec 02 2024
This is because once a transaction is included in a block, it becomes part of the immutable blockchain and cannot be altered or reversed.
MountFujiView
Mon Dec 02 2024
Therefore, one confirmation is generally considered sufficient to establish the validity of a transaction.