Finality in blockchain means reaching a point where a transaction is permanent and irreversible. Once a transaction achieves finality, it’s locked in and cannot be altered or undone. This is ...

A confirmation represents the acceptance of a new block (containing several transactions) by the blockchain network. A transaction with many confirmations means more blocks have passed since the block ...

Yuichiro Chino/Getty Images A block is the fundamental unit of a blockchain that contains a set of validated transactions and cryptographic links to previous blocks, forming an immutable record in ...