Mike on Nostr: What has confirmed this random transaction 191 times?: ...
What has confirmed this random transaction 191 times?:
https://mempool.space/tx/b38a8ecf3f451f0c12ea7796c50d36d32174510b17204afd75ca08f7523b21c2
https://mempool.space/tx/b38a8ecf3f451f0c12ea7796c50d36d32174510b17204afd75ca08f7523b21c2
quoting note16j7…a0k8The more I know about Bitcoin, the more I realise how little I know….
Stupid question incoming:
What confirms a Bitcoin transaction?
I needed 5 confirmations on my transaction before I can use the Bitcoin in Jam. So I’ve been tracking the transaction on the mempool and after an hour and 5 blocks have been mined after the transactions, I’ve finally got the 5 I need.
So again my question, what confirms a transaction?
The miner is just trying to guess the hash, the node simply copies the blockchain and does it’s own verification while copying it.