⏳ What is Confirmation in Blockchain? ✅ In this video, we break down the confirmation process in blockchain technology, focusing on how new blocks are added and transactions are validated. Learn how confirmations work, why they are crucial for security, and how different consensus mechanisms influence confirmation times.
Topics Covered:
🕒 The 10-minute Bitcoin confirmation time
🔗 How confirmations secure blockchain transactions
⚙️ Differences in confirmation times across various consensus mechanisms (e.g., Proof of Work, Proof of Stake)
🌐 The importance of confirmations in ensuring the integrity of the blockchain
Whether you’re new to blockchain or looking to deepen your understanding, this video will provide valuable insights into the inner workings of this critical process.
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