What is Bitcoin confirmation?

Usually, when receiving Bitcoin, the new owner cannot immediately dispose of them. Once a transaction is completed, it is sent to the Bitcoin network for execution and must be included in a block to become legitimate. The process of including a transaction in the found block is called transaction confirmation. Inclusion in 1 block = 1 confirmation, when such confirmations are typed 6 and higher, the transaction is considered confirmed. This feature was introduced to protect against repeated spending of the same bitcoins.


The Mchange electronic currency exchange online service provides the ability to perform transactions directly from a mobile device in the Telegram messenger or use the light version of the site for faster page loading.