What is network confirmation?
What is a network confirmation?
🔹 What is the confirmation of transaction in the blockchain?
In blockchain networks, each operation undergoes a confirmation stage before it is considered successfully completed. This happens at the moment when the transaction is included in the block and becomes part of the chain - blockchain.
Before implementing the transfer, be sure to check the rules of confirmation for a specific cryptocurrency and the receiving platform.
🔹 What is important to take into account:
1. Make sure that the network you have chosen is supported by the receipt.
Different services can take the same coin only on certain networks.
2. Carefully follow the network next to the ticker of the coin.
For example, if it is written by USDT (TRC-20)-the translation must be carried out through the Tron network.
3. An error when choosing a network can lead to loss of funds.
Translations on an inappropriate network are often impossible to restore, but the return is not guaranteed.