Post
Topic
Board Beginners & Help
Re: Hey - couple specific noob questions
by
UnaNos
on 21/09/2013, 03:16:57 UTC
Whats the difference between 1 and 5 confirmations?

4 Blocks.

So, the "attacker" would need to solve 5 blocks in a row faster than the rest of the network in order to double-spend the funds. It would cost a lot to attempt it and the chances of success would be very slim. I think after 6 confirmations you can consider the transaction safe from a double-spend.