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Author Topic: Status / unconfirmed  (Read 2393 times)
venom
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June 09, 2010, 03:56:42 PM
 #1

Why does the 'unconfirmed' status disappear after 6 blocks are generated after a new transaction?
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laszlo
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June 09, 2010, 04:43:09 PM
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It doesn't mean anything - it stays unconfirmed for the first 5 then it just says blocks I think.  The number is how many confirmations it's gotten.  I guess the idea is that the more confirmations, the more likely it is a 'legit' transaction according to other nodes, so the more likely you are to be able to spend those bitcoins later.

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