Why the numer of confirmations matter? because a confirmation means that a miner worked a lot to calculate the right hash for the newly created block. when other block is added on top of the previous one, the same type of effort is needed. also, the previous block header hash is part of the data that is used to calculate the new block that is being mined. this means that if someone tries to change that previous block in a new branch of the blockchain, it will assign a different hash for it, thus making the need to mine all the subsequent blocks that are on top of it.

so the more confirmations a transaction has, the more energy the attacker will have to spend to make the change really propagate on the blockchain. 6 confirmations or more means that is impossible to change it. only God could do it.

#confirmations #transaction #mining #bitcoin #question

comment below to aggregate more info or correct any mistake I made. https://video.nostr.build/32a3b4103f7ebee8e59530062412a4a4b5bcee0f62a5adf363a3c3b32ba60497.mp4

#bitcoin #confirmation #transaction #question

this is what I struggled to explain during covid. since covid the doors to the hell are opened in terms of anything now can be illegal and considered criminal. there is no justice anymore. only the power of the elites against the slave people.

#bitcoin #mining #halving #question #answer https://video.nostr.build/d3c75a53760be307f8da46b045726b850048e032205b25b5a0aed1818fedc4ca.mp4

#unspent #transaction #output #question #lightclient #bitcoin

Hello Neo, checkout this question ans answer about bitcoin unspent transaction output https://video.nostr.build/b8bab172595afa97646609e28991fc72368886a59a66be5a1a001b226c8f267d.mp4

#bitcoin #question multiple outputs #transaction #business https://video.nostr.build/13092017765931cfa00d771b723a0565be3bb9f1cb64630e9d0ec99af63065da.mp4

#bitcoin #transaction multiple outputs #payroll #question https://video.nostr.build/6f5fd72978b9cafdd81493365c5a509b436406a66c650aceaf74706a8a75ac9f.mp4

nostr:npub1ldn7g28j6rc49gmmyh2yk4z8y688hhuuzgs2v5q2erz784cegshs6427d0 thank you for your support

nostr:npub15604np6ccsk7ugph4nrg7kyq7kpme9lmcn4l0q2xk4yd5d6puu2s00dr0u thank you for your support

#bitcoin #mining #question #answer #reward https://video.nostr.build/56b60c894be8085dd56c9f29b53e5381a4ceb2f10880fa0b3b1480ba72ca9c2c.mp4

#bitcoin #confirmations #question https://video.nostr.build/59a1dfb36c7ed57791e4f49b07f8842bcb8539ea1eca620d13d7c43c68b7b655.mp4

#bitcoin #time #propagation #question #answer #short #video https://video.nostr.build/0517802aa1d9f1e1965205b28d5e200a25922115a901619ca4ccfa8a513a6132.mp4

#bitcoin #utxo #question https://video.nostr.build/04120fc1f53ce6657751c649a1b3ce72b8720bad6bd7209289b2f9210e692c19.mp4

#bitcoin #question #answer #utxo

#bitcoin #question #answer #transaction multiple inputs and one output https://video.nostr.build/0fe59d4f08c32cf89a673f61f57c195294ac9fb0cc83b344c62d648ef97cf370.mp4

#bitcoin #change #output #question #answer https://video.nostr.build/b903f79c5385bd73524fdf0a52f1fe3e5d803a0aa6c468c15d7caade2dd8adff.mp4

please do it

#bitcoin #question #answer #short #video https://video.nostr.build/1d9b2b95dbb8d38f6613d18f2104aaf4f3977cafeda3dedcd6a936b62d6d68c9.mp4

#bitcoin #mining #question #answer https://video.nostr.build/817285b25710309d748d42a5e830390c39a06e8ece56c90f4c6f7973ed1edf0c.mp4

#bitcoin #mining #proofofwork #pow #sudoku #question #answer #short #video https://video.nostr.build/475a7a6d1e74f5e4b0c9c2cef1c584f67016bc16e4b532abada1680870f54f42.mp4