Subscribe To Our Daily Newsletter
Keep Up To Date With The Latest Crypto News

Zero Confirmation Transaction

Por CoinGecko | Atualização: Mar 03, 2020
A cryptographic transaction via the blockchain is only considered "confirmed" when it is included in a block, which is after miners have verified, hashed and recorded the transaction (aka mined the transaction). Once a transaction has been mined, it becomes increasingly difficult to maliciously reverse the by way of hacking as more blocks gets mined subsequently. A zero-conformation-trasaction carries the risk of it being overwitten and invalid until it has been mined, and should never be considered as final when performing a transactional trade.

Share this with a friend!

Related Terms

Wei
The smallest fraction of an Ether, with each Ether to 1000000000000000000 Wei.
Double spending
Double spending refers to the act of spending digital currencies twice. This is most commonly applied on crypto exchanges by unscrupulous actors.
Encryption
In cryptography, encryption is a process of encoding information the original form of information called plaintext via an algorithm called cipher. The encrypted message is now called ciphertext. Only authorized parties can decipher the ciphertext and convert back it to the original plaintext.
Enterprise Ethereum Alliance (EEA)
Enterprise Ethereum Alliance is made up for a group of Ethereum developers, corporations as well as startups who are collaborating to find ways to use Ethereum for business applications.
Ainda não saciou o seu apetite de conhecimento?
Voltar a /pt/glossary ou https://newsletter.coingecko.com/landing/subscribe o nosso boletim informativo.
coingecko (thumbnail mini)
CoinGecko para iOS
coingecko (thumbnail mini)
CoinGecko para Android