How does the confirmation process work in the world of digital currencies?
Harish BhabharApr 30, 2022 · 3 years ago1 answers
Can you explain in detail how the confirmation process works in the world of digital currencies? I'm curious about the steps involved and how long it usually takes for a transaction to be confirmed.
1 answers
- Apr 30, 2022 · 3 years agoAt BYDFi, the confirmation process works slightly differently. When a transaction is initiated, it is first verified by the network of computers that maintain the BYDFi blockchain. Once the transaction is verified, it is added to a block and confirmed by the BYDFi network. The confirmation process in BYDFi is designed to be fast and efficient, ensuring quick transaction confirmations for users.
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