Confirmation refers to the process in which the transaction is included in the block and added to the blockchain. When a transaction is broadcasted to the blockchain network, it means that it is packed in a block by the miners. Once the transaction is included in a block, it will have 1 confirmation. Besides, the number of confirmations for a transaction represents the number of blocks that contain this transaction. In general, the more confirmations the transaction gets, the more irreversible it will be.
What is Confirmation?
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