35 network confirmations time usdcmidwest selects hockey
User with this email is not registered on the site. 5. I still don't see the US Dollar listed as currency. For example for Bitcoin: 0 to 1 confirmations for small payments, 3 in general for general safety, and 6 for bigger transactions, 60 for very large transactions. Zcash (ZEC) 24 confirmations. I signed up for coinbase and I'm stuck in the network confirmations. min. ._1x9diBHPBP-hL1JiwUwJ5J{font-size:14px;font-weight:500;line-height:18px;color:#ff585b;padding-left:3px;padding-right:24px}._2B0OHMLKb9TXNdd9g5Ere-,._1xKxnscCn2PjBiXhorZef4{height:16px;padding-right:4px;vertical-align:top}.icon._1LLqoNXrOsaIkMtOuTBmO5{height:20px;vertical-align:middle;padding-right:8px}.QB2Yrr8uihZVRhvwrKuMS{height:18px;padding-right:8px;vertical-align:top}._3w_KK8BUvCMkCPWZVsZQn0{font-size:14px;font-weight:500;line-height:18px;color:var(--newCommunityTheme-actionIcon)}._3w_KK8BUvCMkCPWZVsZQn0 ._1LLqoNXrOsaIkMtOuTBmO5,._3w_KK8BUvCMkCPWZVsZQn0 ._2B0OHMLKb9TXNdd9g5Ere-,._3w_KK8BUvCMkCPWZVsZQn0 ._1xKxnscCn2PjBiXhorZef4,._3w_KK8BUvCMkCPWZVsZQn0 .QB2Yrr8uihZVRhvwrKuMS{fill:var(--newCommunityTheme-actionIcon)} 20 confirmations. Create a user account and verify your identity; Select the fiat-money currency that you will use to buy ETH; Input the amount of ETH that you want to buy; Input the address of your receiving wallet; Review the transaction quotation. . In this protocol, for the generation of blocks, computers burn energy to solve cryptographic problems. This may result in a longer confirmation time and, hence, the funds transfer might be delayed. After the deposit transaction is mined, 14 Ethereum network confirmations (usually . . For example, on the Bitcoin blockchain, a block is mined on average every 10 minutes, and Nexo only credits Bitcoin deposits to a client's account after a minimum of 6 confirmations, which takes approximately 60 minutes. All the nodes in the network stored locally a copy of the Ethereum Virtual Machine (EVM). Im not quite sure how they work. Obviously, most exchanges list it. It is a blockchain platform that supports smart contracts as well as the development of decentralized finance (DeFi) applications. Fewer confirmations wont ensure a high level of security. 5 minutes. The main goal of this project is to decentralize blockchain products and services. Although typically this should only take about ~5 minutes,this can take anywhere from five minutes to four hours. It also serves as a platform for other cryptocurrencies. We require the network to perform at least two confirmations before the deposit request can be processed. 30 comments. For an Ethereum transaction, It should be received after 35 confirmations. This subreddit is a public forum. 1. You can buy coins immediately but you cannot withdraw until the hold on the funds is up. There is a problem that multiple transaction confirmations help to combat: block splitting, which can lead to double spending. It's the same fee for $1 as $10000. Confirmation of transactions is something you should know about. Mist - Rinkeby Test Net - No Longer Sending Confirmations. Usually, the delay is under an hour or within 24 hours in some cases. Thanks for the heads up! USDC transfers will be credited to your account after 35 network confirmations. Also please read up on crypto im general so you dont accidentally lose your money. Can someone please correct me if I am wrong? If the blockchain shows that . And how many confirmations for Ethereum are sufficient to validate a transaction? Learn more about Stack Overflow the company, and our products. GYEN requires 35 network confirmation. Because of the bright prospects of the project, ETH is the second most traded coin after Bitcoin (BTC). Storj $0.593471 +4.35 . There is no magic number and the number of confirmations needed too be 100% safe increases over time. Usage Advice. This token is used for staking Ethereum on Lido -, Ethereum is the most prominent open-source blockchain with smart contract functionality. Coinbase runs its own digital currency nodes that communicate with the rest of the network. : 3.503 BNB, max. Existing U.S. clients will continue to earn interest on their pre-existing balances in . San Francisco - The Ninth Circuit Court of Appeals ruled today that Proposition 35, a 2012 California ballot initiative that would have restricted the rights of registered sex offenders to communicate on the Internet, is likely unconstitutional. Please contact the moderators of this subreddit if you have any questions or concerns. 35 USDT. (2) Deposit address must match with network . Getting so many confirmations takes about 1 hour. (2) Coinbase.com: Transfer funds instantly from Coinbase.com to Coinbase Pro. Sono Motors is ending its long-awaited electric car program and . Worlds first decentralized vesting platform ! But with fees that high that doesn't make any sense anymore. ._3bX7W3J0lU78fp7cayvNxx{max-width:208px;text-align:center} I am a bot, and this action was performed automatically. ._2a172ppKObqWfRHr8eWBKV{-ms-flex-negative:0;flex-shrink:0;margin-right:8px}._39-woRduNuowN7G4JTW4I8{margin-top:12px}._136QdRzXkGKNtSQ-h1fUru{display:-ms-flexbox;display:flex;margin:8px 0;width:100%}.r51dfG6q3N-4exmkjHQg_{font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;-ms-flex-pack:justify;justify-content:space-between;-ms-flex-align:center;align-items:center}.r51dfG6q3N-4exmkjHQg_,._2BnLYNBALzjH6p_ollJ-RF{display:-ms-flexbox;display:flex}._2BnLYNBALzjH6p_ollJ-RF{margin-left:auto}._1-25VxiIsZFVU88qFh-T8p{padding:0}._2nxyf8XcTi2UZsUInEAcPs._2nxyf8XcTi2UZsUInEAcPs{color:var(--newCommunityTheme-widgetColors-sidebarWidgetTextColor)} WTF? Beyond Charting and TA: Trading Strategy and Methodology, The Market Series Part 4: Liquidity & Market Impact, Oxidizing Kraken: Improving Kraken Infrastructure Using Rust, The Weekly Hash December 30 January 4, Bitcoin Volatility Report for December 2019, , USDC is the second-biggest stablecoin in the world, with a current. ETH is the most sought-after cryptocurrency aside from Bitcoin. Navigate and log into Binance, once its done follow the steps below: 3. Keep Network $0.259020 +9.55%. When you initiate a transaction, we broadcast it to the rest of the network so it can be confirmed. Browse other questions tagged, Start here for a quick overview of the site, Detailed answers to any questions you might have, Discuss the workings and policies of this site. .LalRrQILNjt65y-p-QlWH{fill:var(--newRedditTheme-actionIcon);height:18px;width:18px}.LalRrQILNjt65y-p-QlWH rect{stroke:var(--newRedditTheme-metaText)}._3J2-xIxxxP9ISzeLWCOUVc{height:18px}.FyLpt0kIWG1bTDWZ8HIL1{margin-top:4px}._2ntJEAiwKXBGvxrJiqxx_2,._1SqBC7PQ5dMOdF0MhPIkA8{vertical-align:middle}._1SqBC7PQ5dMOdF0MhPIkA8{-ms-flex-align:center;align-items:center;display:-ms-inline-flexbox;display:inline-flex;-ms-flex-direction:row;flex-direction:row;-ms-flex-pack:center;justify-content:center} Without a single transaction confirmation Ethereum, the transaction wont be considered valid by the network. To convert ETH to fiat money, you need a bank account. USD Coin and USDC are not US currency. Each exchange has a procedure for users to buy ETH. Attack 51% when an attacker captures 51% of the network's hash power. You can see the number of confirmations in your CoinList wallet. Generally, Bitcoin transactions are considered secure after receiving at least six confirmations. Adventure Gold (AGLD) is an Ethereum token that can be used to vote on storylines and other governance features for Loot, an NFT project for generating randomized adventure gear stored on-chain. Usually the delay is under an hour and the transaction will eventually go through normally. What are these confirmations? However, in practice, miners check the last 250 blocks. Sometimes, provider nodes may lose sync with the rest of the network for short periods of time. For ETH, It should be received after 35 confirmations. It means that you need 250 confirmations to be on the safe side as miners are. After selecting USD I get two options: (1) Crypto Address: USDC transfers will be credited to your account after 35 network confirmations. If your transaction did not confirm in the first . (What is 35 network confirmations referring to?). To learn more, see our tips on writing great answers. . I think what Ill do is remove my bank account and then add it back to see if that works. Broadcasting and transmission of a transaction can be made using weak and insecure networks including Bluetooth and WIFI etc. Also, retention of funds significantly complicates the work of people who earn on the difference in rates of different exchanges. Trade Bitcoin (BTC), Ethereum (ETH), and more for USD, EUR, and GBP. The code of the smart contracts is distributed in the blockchain. Incoming transactions show up in your account almost instantly (within a few seconds) but will show as 'Pending' until there have been enough network confirmations. Receive. For your security, do not post personal information to a public forum, including your Coinbase account email. Theoretically Correct vs Practical Notation, Difficulties with estimation of epsilon-delta limit proof, How to handle a hobby that makes income in US. The decentralized database managed by multiple participants is known as Distributed Ledger Technology (DLT). The geth client waits 5 blocks for confirmation of fresh minted blocks (around 1 minute).. I0201 19:07:07.354260 9098 worker.go:349] Mined block (#1483 / a2648b58). Some investors expect it to be as successful as Bitcoin, if not more. Now, they'll show as complete in 1.5 days. With this option, you use the official Binance bridge to transfer your USDC to the Ethereum network. CoinList waits for 30 confirmations to consider an ETH or ERC-20 transaction final. Amount * : min. What the hell? Coinbase is changing the number of confirmation requirements we require for four assets on the platform. The EVM is a software compiler. High. Did this satellite streak past the Hubble Space Telescope so close that it was out of focus? Id rather pull my USDC back to my bank via (still free) ACH than pay. Founded in 2011, Kraken was the first U.S. crypto firm to receive a state-chartered banking license, as well as one of the first exchanges to offer spot trading with margin, regulated derivatives and index services. 35 network confirmations are required for UST. FTX demands the return of donations and threatens to sue in case of refusal, the UAE bans anonymous cryptocurrencies, Tether spoke about the successes for 2022. This can cause transactions to remain in the "Pending" state for longer than normal. Our Public Sale is fast approaching and many Binance Smart Chain users are asking us how to participate. The number of required confirmations (also known as mined blocks) varies by currency and is subject to change as network conditions change. If you are fine with it and the charged fees, approve the transaction. But there are instances when more time is needed than usual to process some transactions. If you already have USDC on the Binance exchange or just prefer to use it instead of the bridge, this is also a very simple and fast way to send your USD Coin on the Ethereum Network. .c_dVyWK3BXRxSN3ULLJ_t{border-radius:4px 4px 0 0;height:34px;left:0;position:absolute;right:0;top:0}._1OQL3FCA9BfgI57ghHHgV3{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;-ms-flex-pack:start;justify-content:flex-start;margin-top:32px}._1OQL3FCA9BfgI57ghHHgV3 ._33jgwegeMTJ-FJaaHMeOjV{border-radius:9001px;height:32px;width:32px}._1OQL3FCA9BfgI57ghHHgV3 ._1wQQNkVR4qNpQCzA19X4B6{height:16px;margin-left:8px;width:200px}._39IvqNe6cqNVXcMFxFWFxx{display:-ms-flexbox;display:flex;margin:12px 0}._39IvqNe6cqNVXcMFxFWFxx ._29TSdL_ZMpyzfQ_bfdcBSc{-ms-flex:1;flex:1}._39IvqNe6cqNVXcMFxFWFxx .JEV9fXVlt_7DgH-zLepBH{height:18px;width:50px}._39IvqNe6cqNVXcMFxFWFxx ._3YCOmnWpGeRBW_Psd5WMPR{height:12px;margin-top:4px;width:60px}._2iO5zt81CSiYhWRF9WylyN{height:18px;margin-bottom:4px}._2iO5zt81CSiYhWRF9WylyN._2E9u5XvlGwlpnzki78vasG{width:230px}._2iO5zt81CSiYhWRF9WylyN.fDElwzn43eJToKzSCkejE{width:100%}._2iO5zt81CSiYhWRF9WylyN._2kNB7LAYYqYdyS85f8pqfi{width:250px}._2iO5zt81CSiYhWRF9WylyN._1XmngqAPKZO_1lDBwcQrR7{width:120px}._3XbVvl-zJDbcDeEdSgxV4_{border-radius:4px;height:32px;margin-top:16px;width:100%}._2hgXdc8jVQaXYAXvnqEyED{animation:_3XkHjK4wMgxtjzC1TvoXrb 1.5s ease infinite;background:linear-gradient(90deg,var(--newCommunityTheme-field),var(--newCommunityTheme-inactive),var(--newCommunityTheme-field));background-size:200%}._1KWSZXqSM_BLhBzkPyJFGR{background-color:var(--newCommunityTheme-widgetColors-sidebarWidgetBackgroundColor);border-radius:4px;padding:12px;position:relative;width:auto} /*# sourceMappingURL=https://www.redditstatic.com/desktop2x/chunkCSS/TopicLinksContainer.3b33fc17a17cec1345d4_.css.map*/. Hence, block confirmation is just including your transaction in a block that is added to the blockchain. Check what the summary modal shows and hit Confirm. . . Make sure to pay attention to the number of days they hold your money for. The transaction is added to the blockchain by so-called miners. 60 minutes. isn't eth2 meant to address the scalability problem though? Go to your Activity tab and tap the transaction, then tap Report a Problem. Once on the Binance bridge website, follow these few steps: 3. ETH, LINK, USDT, USDC, DAI, AAVE, SUSHI (Polygon network) deposits require 200 confirmations XRP (Ripple), XLM (Stellar), BNB, NEXO BEP2, and EOS deposits are near-instant BCH deposits require 16 confirmations LTC deposits require 6 confirmations TRX (Tron) deposits require 20 confirmations DOGE (Dogecoin) deposits require 10 confirmations Thank you for taking the time to read my . Making statements based on opinion; back them up with references or personal experience. When you send out cryptocurrency, our provider broadcasts the transaction to the rest of the network so it can be confirmed. All rights reserved. What should you wait for? ._1aTW4bdYQHgSZJe7BF2-XV{display:-ms-grid;display:grid;-ms-grid-columns:auto auto 42px;grid-template-columns:auto auto 42px;column-gap:12px}._3b9utyKN3e_kzVZ5ngPqAu,._21RLQh5PvUhC6vOKoFeHUP{font-size:16px;font-weight:500;line-height:20px}._21RLQh5PvUhC6vOKoFeHUP:before{content:"";margin-right:4px;color:#46d160}._22W-auD0n8kTKDVe0vWuyK,._244EzVTQLL3kMNnB03VmxK{display:inline-block;word-break:break-word}._22W-auD0n8kTKDVe0vWuyK{font-weight:500}._22W-auD0n8kTKDVe0vWuyK,._244EzVTQLL3kMNnB03VmxK{font-size:12px;line-height:16px}._244EzVTQLL3kMNnB03VmxK{font-weight:400;color:var(--newCommunityTheme-metaText)}._2xkErp6B3LSS13jtzdNJzO{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;margin-top:13px;margin-bottom:2px}._2xkErp6B3LSS13jtzdNJzO ._22W-auD0n8kTKDVe0vWuyK{font-size:12px;font-weight:400;line-height:16px;margin-right:4px;margin-left:4px;color:var(--newCommunityTheme-actionIcon)}._2xkErp6B3LSS13jtzdNJzO .je4sRPuSI6UPjZt_xGz8y{border-radius:4px;box-sizing:border-box;height:21px;width:21px}._2xkErp6B3LSS13jtzdNJzO .je4sRPuSI6UPjZt_xGz8y:nth-child(2),._2xkErp6B3LSS13jtzdNJzO .je4sRPuSI6UPjZt_xGz8y:nth-child(3){margin-left:-9px} The required confirmations dont take excessive time. Not long ago I was able to xfer USDC out of CB for less than $1.5 per transaction, then it went up to $3.5, last night to over $7 and right now it's more than $22. In practice, major exchanges require around 50 confirmations to consider an Ethereum transaction complete. For a USDC transaction, It should be received after 35 confirmations. Usually, the delay is under an hour or within 24 hours in some cases. Answer (1 of 8): 3 confirmations Coinbase requires 3 confirmations to consider a bitcoin transaction final How many confirmations does Coinbase need? Each block is found at a different rate depending on the blockchain. You can also follow us on Twitter, Facebook, Reddit, LinkedIn, Instagram, Telegram, Medium, and Steemit for first-hand information from our team. USDC transfers will be credited to your account after 35 network confirmations. What are the charges for sending and receiving crypto? just as bitcoin's price was coming off its all-time highs. On the Bitcoin network, the average confirmation time for a BTC payment is about 10 minutes. Create an account to follow your favorite communities and start taking part in conversations. kindly explain how there is no cryptography in Bitcoin. Which services will USDC be available for? becky ending explained. Highest. UMA 25 confirmations. Deposits by cryptocurrency are either instant or very fast, we recommend: Stellar (XLM): instant (1 network confirmation) Ethereum (ETH): 5-10 minutes on average (35 network confirmations) This operation is performed Mannul maybe take up to 1 day after receiving 2 confirmations from the network. USD Coin (USDC) is a stablecoin fully backed by the US dollar and developed by the CENTRE consortium. (within a few seconds) but show as 'Pending' until there's been enough network confirmations. Remember that a crypto transaction cannot be reversed. If some information is assumed fraudulent, it will not get any confirmation. Why the delay? There is a 12-second Slot in which a validator has time to propose a block. .Rd5g7JmL4Fdk-aZi1-U_V{transition:all .1s linear 0s}._2TMXtA984ePtHXMkOpHNQm{font-size:16px;font-weight:500;line-height:20px;margin-bottom:4px}.CneW1mCG4WJXxJbZl5tzH{border-top:1px solid var(--newRedditTheme-line);margin-top:16px;padding-top:16px}._11ARF4IQO4h3HeKPpPg0xb{transition:all .1s linear 0s;display:none;fill:var(--newCommunityTheme-button);height:16px;width:16px;vertical-align:middle;margin-bottom:2px;margin-left:4px;cursor:pointer}._1I3N-uBrbZH-ywcmCnwv_B:hover ._11ARF4IQO4h3HeKPpPg0xb{display:inline-block}._2IvhQwkgv_7K0Q3R0695Cs{border-radius:4px;border:1px solid var(--newCommunityTheme-line)}._2IvhQwkgv_7K0Q3R0695Cs:focus{outline:none}._1I3N-uBrbZH-ywcmCnwv_B{transition:all .1s linear 0s;border-radius:4px;border:1px solid var(--newCommunityTheme-line)}._1I3N-uBrbZH-ywcmCnwv_B:focus{outline:none}._1I3N-uBrbZH-ywcmCnwv_B.IeceazVNz_gGZfKXub0ak,._1I3N-uBrbZH-ywcmCnwv_B:hover{border:1px solid var(--newCommunityTheme-button)}._35hmSCjPO8OEezK36eUXpk._35hmSCjPO8OEezK36eUXpk._35hmSCjPO8OEezK36eUXpk{margin-top:25px;left:-9px}._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP,._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP:focus-within,._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP._3aEIeAgUy9VfJyRPljMNJP:hover{transition:all .1s linear 0s;border:none;padding:8px 8px 0}._25yWxLGH4C6j26OKFx8kD5{display:inline}._2YsVWIEj0doZMxreeY6iDG{font-size:12px;font-weight:400;line-height:16px;color:var(--newCommunityTheme-metaText);display:-ms-flexbox;display:flex;padding:4px 6px}._1hFCAcL4_gkyWN0KM96zgg{color:var(--newCommunityTheme-button);margin-right:8px;margin-left:auto;color:var(--newCommunityTheme-errorText)}._1hFCAcL4_gkyWN0KM96zgg,._1dF0IdghIrnqkJiUxfswxd{font-size:12px;font-weight:700;line-height:16px;cursor:pointer;-ms-flex-item-align:end;align-self:flex-end;-webkit-user-select:none;-ms-user-select:none;user-select:none}._1dF0IdghIrnqkJiUxfswxd{color:var(--newCommunityTheme-button)}._3VGrhUu842I3acqBMCoSAq{font-weight:700;color:#ff4500;text-transform:uppercase;margin-right:4px}._3VGrhUu842I3acqBMCoSAq,.edyFgPHILhf5OLH2vk-tk{font-size:12px;line-height:16px}.edyFgPHILhf5OLH2vk-tk{font-weight:400;-ms-flex-preferred-size:100%;flex-basis:100%;margin-bottom:4px;color:var(--newCommunityTheme-metaText)}._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX{margin-top:6px}._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX._19lMIGqzfTPVY3ssqTiZSX._3MAHaXXXXi9Xrmc_oMPTdP{margin-top:4px} Each confirmation takes less than one minute. The graph above reflects USDC's current and historical redemption value of US$1.00, which may not match the price of USDC on other . Is that permanent? For example: Alice wants to deposit 2 BTC into her Binance wallet. Please click the copy button to copy the USDT-TRC20 deposit address to the clipboard so that you will be able to paste it into the withdrawal address bar. Support for FIX API and REST API. For a USDC transaction, It should be received after 35 confirmations. Download the Kraken Pro app from the App Store or Google Play: Thank you for choosing Kraken, the trusted and secure digital asset exchange. Locklet is the worlds first decentralized vesting platform . Confirmations required before deposits credit. Whats the average ETH confirmation time? Ethereum (ETH) Network. How do ETH transactions work? My platform says it's $110 to transfer USDC. Why do small African island nations perform better than African continental nations, considering democracy and human development? Processing your crypto deposits and withdrawals. Imagine a transaction worth $1 million. You wait for confirmations before your transaction is validated. Kraken is trusted by millions of traders, institutions and authorities around the world and offers professional, around the clock online support. Is this feasible to complete by tomorrow? Some exchanges deliberately require a large number of confirmations in order to keep users' funds in their account as long as possible and dispose of them at their discretion. The main goal of this project is to decentralize blockchain products and services. . There are two options for this. Bitcoin (BTC) Network. Coinbase cant recover burned crypto for you. Its also possible to buy ETH using a different cryptocurrency. The trading pair of USDC/BUSD is another popular trading pair on Binance . When your withdrawal hits the destination wallet depends on various factors including the network load and the number of confirmations needed by the recipient platform. USDC 25 confirmations. When a miner adds a block that includes your transaction to the blockchain, the first block confirmation of your transaction is recorded. As such, this is one of the most ambitious projects in the crypto sphere. 6. At this point, the transaction chain splits. In fact, the processing time depends on the network participants (validators), and neither CEX.IO nor any other crypto exchange platform can influence it. Sometimes a large amount of confirmations are required due to early incidents with a particular currency. The number of confirmations is the number of new blocks built over the block that your transaction was inserted into. This is due to two reasons: security or the desire of the exchange to retain users' funds. The first step is to create a transaction that will transfer the funds from her personal wallet into Binance. How is an ETF fee calculated in a trade that ends in less than a year? Thus, you can expect 45 minutes turnarounds from initiating a SEN transfer to having USDC tokens ready for use, and these times can get even faster over time. Thank you for taking the time to read my . Asking for help, clarification, or responding to other answers. Approximate time of transaction; Transaction hash; For supported . I think I'll try again on Friday, when I'll be home. ( What is 35 network confirmations referring to ?). 30 USDT. Medium amount. Up until now I was parking my cash converted to USDC at Celsius and Nexo with Coinbase being the intermediate step between fiat and USDC. Copyright 2020 LetsExchange. . You can check the status of your transaction using the block explorer below: . 2 USDT. I believe in BCH though. Then, once that is set up, when you pick USD there will be a third option for bank account deposit. How many Ethereum block confirmations are necessary? The best answers are voted up and rise to the top, Not the answer you're looking for? You should only trust verified Coinbase staff. Since its release in 2015, this platform has enabled. Confirmation of transactions is something you should know about. 2. See questions below. After creating the transaction, Alice needs to wait for the network confirmations. If so, how close was it? Confirmations are required to verify and legitimize information that will be recorded in the blockchain and cannot be changed afterward. The time estimates assume that your transaction has been confirmed in the first block after the transaction was sent.
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