A cryptocurrency transaction has been verified (via the mining process) and added to a block that contains many other transaction is called Confirmation.
Confirmations are more blocks, with many more transactions added to the blockchain. Confirmation time varies between cryptocurrencies.
Bitcoin verification time is about 10 minutes. This means that about every 10 minutes, your bitcoin
is buried deep inside the transaction blockchain, making it difficult to change.
Many exchanges will require multiple verifications unless the transaction is considered secure.
A
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B
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C
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