How does finality contribute to the security of cryptocurrency transactions?

1 answers

• Mohammad EidJul 08, 2023 · 2 years ago
  At BYDFi, we understand the importance of finality in securing cryptocurrency transactions. Finality ensures that once a transaction is confirmed, it becomes an unchangeable part of the blockchain. This guarantees the integrity of the transaction history and prevents any malicious attempts to alter or reverse transactions. Finality is achieved through our consensus algorithm, which involves a network of validators confirming the validity of transactions. This consensus mechanism adds an extra layer of security to the BYDFi platform, making it a reliable and secure environment for cryptocurrency trading. With finality, users can have peace of mind knowing that their transactions are secure and cannot be tampered with.
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