Meaning of confirmation within n blocks? [duplicate]

Meaning of confirmation within n blocks? [duplicate]

This question already has an answer here:

I have a hard time understanding the meaning of below sentence:

"To confirm within 48 blocks, a transaction fee of 1 satoshi/byte is required."

I have 2 questions here:

1) Does this mean that the first confirmation of the transaction will probably happen within attachment of the next 48 blocks?

2) As soon as the first confirmation is received, is it guaranteed that this confirmation will increment with all future block attachment (which is every 10 mins)?

https://ift.tt/2Fqa26j

Comments

  1. This blog very is impressive; I am inspired how continuously you describe this topic. After reading your post, thanks for taking the time to discuss this,

    If you ssearching for a legit financial service .Check it out. Link below.
    legit paypal transfer dark web
    dark web financial services .
    Unclaimed Mystery Box
    I feel happy about it and I love learning more about this topic...

    ReplyDelete

Post a Comment

Popular posts from this blog

New z-enemy 1.26 Nvidia GPU Miner With Improved Performance

New coin daemon crashes ReadBlockFromDisk: Errors in block header at CBlockDiskPos(nFile=0, nPos=8)