wholesale jewelry north carolina Why does a transaction in the blockchain require 6 blocks to confirm? Is it a hard rule?

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3 thoughts on “wholesale jewelry north carolina Why does a transaction in the blockchain require 6 blocks to confirm? Is it a hard rule?”

  1. Stanley

    beades jewelry wholesale This is not a rigid rule, which does not have any relationship with the blockchain. The algorithm of this currency is related, and the confirmation method of each currency is different, so this is not a hard rule.
    The number of confirmations between Bitcoin and Ritai, Litecoin, and dog currency are different.

  2. Bethany

    wholesale skull jewelry uk The mining process of the block will cause a fork, that is, due to the influence of the network delay at the same time, both nodes have new blocks. At this time, these two new blocks will be connected to the main block On the chain, a form of dual -chain parallel (like the inverted Y) is formed. The latter block is also linked behind these two blocks. When one chain will give a new block in the other chain, it will produce new blocks. At this time, another chain was abandoned, and the chain of the new block was given priority to the main chain.
    6 blocks are also related to the splitter
    I assume that someone spends a bitcoin to buy a mobile phone from your hand. Before this transaction is confirmed by the entire network, he immediately uses this bitcoin to other other Bitcoin to other to other to other. People also buy a mobile phone, that is, a bitcoin uses it twice. When the interval between the two transactions is small, the two transactions may be fork in two parallel blockchain. Because the transaction with you is ahead, to make the later transaction effective, he must spend a greater computing power to catch up with the chain generated with your transactions. When the chase block reaches 6 It is huge, and it is not worth it. Therefore, a transaction in Bitcoin's blockchain is truly confirmed, and it often needs to be authenticated by 6 blocks.

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