Understanding Bitcoin’s Six-Confirmation Security
bitcoin’s “six confirmations” represent roughly an hour of network validation, making a transaction increasingly resistant to double-spend attacks and costly to reverse.
Capitalizations Index – B ∞/21M
bitcoin’s “six confirmations” represent roughly an hour of network validation, making a transaction increasingly resistant to double-spend attacks and costly to reverse.
Six bitcoin confirmations are widely considered secure because each new block exponentially lowers the chance of a competing chain overtaking a transaction, making double-spend attacks practically infeasible for most attackers.