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Author Topic: Is this real ? This is different then Mybitcoin Press Release...  (Read 731 times)
bbit
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August 05, 2011, 08:07:46 PM
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came across this: http://tinyurl.com/3rm5uuw

Seems a longer explanation but is it real ?
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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August 05, 2011, 08:10:09 PM
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That was from back around the time of the mtgox issues.

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August 05, 2011, 08:10:50 PM
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That was from back around the time of the mtgox issues.


Ohhhh I see got it ...thanks Smiley
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