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venom (OP)
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June 09, 2010, 03:56:42 PM
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Why does the 'unconfirmed' status disappear after 6 blocks are generated after a new transaction?
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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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January 28, 2018, 05:06:43 PM
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Why is 'unconfirmed' status missing after 6 blocks generated after new transaction?
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