{"id":1582,"date":"2020-02-03T00:01:00","date_gmt":"2020-02-03T08:01:00","guid":{"rendered":"https:\/\/www.opennode.com\/blog\/?page_id=1582"},"modified":"2020-01-30T10:38:51","modified_gmt":"2020-01-30T18:38:51","slug":"confirmation","status":"publish","type":"page","link":"https:\/\/blog.opennode.com\/blog\/glossary\/confirmation\/","title":{"rendered":"Confirmation"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>\n<h1 class=\"wp-block-heading\">Confirmation<\/h1>\n\n\n\n<p>When a <a href=\"https:\/\/www.opennode.com\/blog\/glossary\/miner\">miner<\/a> mines a valid <a href=\"https:\/\/www.opennode.com\/blog\/glossary\/block\">block<\/a>, call it block #231765, and broadcasts it to the <a href=\"https:\/\/www.opennode.com\/blog\/glossary\/blockchain\">blockchain<\/a>, the <a href=\"https:\/\/www.opennode.com\/blog\/glossary\/mining\">mining<\/a> for block #231766 starts right away. When block #231766 gets mined, all the transactions in block #231765 are now one block deep in the blockchain. This means that the network is essentially \u201cconfirming\u201d, or, trusting, that all those transactions are valid. For a transaction to have \u201cone confirmation\u201d, it needs to be in a block that is 1 block deep on the blockchain.\u00a0<\/p>\n\n\n\n<p>As blocks get deeper and deeper down the blockchain, they become increasingly immutable. By the time a block gets 3-6 block confirmations, the contents of that block are virtually unchangeable. If one wanted to change or alter a transaction one block below the current block, theoretically they\u2019d have to rehash and remine that block while also mining the current block, which is virtually impossible.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Links<\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>Antonopoulos, Andreas M.\u00a0<em>Mastering Bitcoin: Unlocking Digital Crypto-Currencies<\/em>. 2015. pg 29.<\/li><li><em>3 Things to know about Confirmations<\/em> &#8211; <a href=\"https:\/\/www.buybitcoinworldwide.com\/confirmations\/\">buybitcoinworldwide.com<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>Confirmation When a miner mines a valid block, call it block #231765, and broadcasts it to the blockchain, the mining for block #231766 starts right away. When block #231766 gets mined, all the transactions in block #231765 are now one block deep in the blockchain. This means that the network is essentially \u201cconfirming\u201d, or, trusting,  &#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":172,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-notitle.php","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1582","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Confirmation - OpenNode Blog<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Confirmation - OpenNode Blog\" \/>\n<meta property=\"og:description\" content=\"Reading Time:  &lt; 1 minuteConfirmation When a miner mines a valid block, call it block #231765, and broadcasts it to the blockchain, the mining for block #231766 starts right away. When block #231766 gets mined, all the transactions in block #231765 are now one block deep in the blockchain. 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