Replying to Avatar mike

The more I know about Bitcoin, the more I realise how little I know….

Stupid question incoming:

What confirms a Bitcoin transaction?

I needed 5 confirmations on my transaction before I can use the Bitcoin in Jam. So I’ve been tracking the transaction on the mempool and after an hour and 5 blocks have been mined after the transactions, I’ve finally got the 5 I need.

So again my question, what confirms a transaction?

The miner is just trying to guess the hash, the node simply copies the blockchain and does it’s own verification while copying it.

d0
d0708145... 1y ago

I think once it appears in the next 4 blocks after the initial one, they are your 5 confirmations. I suppose it's only "Confirmed" once (As in, the block it's mined in), then is confirmed as being valid, in subsequent blocks. I'm as clueless as you tbh but that's my take anyway😬😂.

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