Bitcoin Forum
August 09, 2022, 02:12:45 AM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: More then 1 block conformation question.  (Read 299 times)
Icon
Hero Member
*****
Offline Offline

Activity: 821
Merit: 503



View Profile
March 02, 2016, 02:58:45 AM
 #1

Yes are more blocks needed to be solved in order to move past the one block conformation? I mean isn't the math already done and all that is required is other nodes to verify the solved block?

Example: once a transaction is found in a block and is broadcasted do i need to wait for two more blocks to be solved in order for my txid to be verified? Or just to wait for the solved block to be broadcasted through all 1100+ nodes around the world till consensus is met?

Thanks

Icon


1660011165
Hero Member
*
Offline Offline

Posts: 1660011165

View Profile Personal Message (Offline)

Ignore
1660011165
Reply with quote  #2

1660011165
Report to moderator
1660011165
Hero Member
*
Offline Offline

Posts: 1660011165

View Profile Personal Message (Offline)

Ignore
1660011165
Reply with quote  #2

1660011165
Report to moderator
1660011165
Hero Member
*
Offline Offline

Posts: 1660011165

View Profile Personal Message (Offline)

Ignore
1660011165
Reply with quote  #2

1660011165
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
achow101
Moderator
Legendary
*
Offline Offline

Activity: 2828
Merit: 4964


Just writing some code


View Profile WWW
March 02, 2016, 03:04:34 AM
 #2

Yes are more blocks needed to be solved in order to move past the one block conformation? I mean isn't the math already done and all that is required is other nodes to verify the solved block?

Example: once a transaction is found in a block and is broadcasted do i need to wait for two more blocks to be solved in order for my txid to be verified? Or just to wait for the solved block to be broadcasted through all 1100+ nodes around the world till consensus is met?

Thanks

Icon



Confirmations mean that it has been included in some number of blocks. More confirmations mean that the block the transaction has been included in has several blocks that come after it.

Think of it this way, the number of confirmations increase as the number of blocks the transaction is included in increases. A transaction can be considered "included" in a block that comes after the one it is actually in because those later blocks include a reference to the previous blocks (including the one with the tx) and thus "include" that block and "include" that transaction.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!