Confirmation vs Mining
Quick comparison to help you distinguish these two crypto terms.
Confirmation
beginner
fundamentals
A confirmation in cryptocurrency is the verification that a transaction has been successfully included in a blockchain block and validated by the network, with additional confirmations representing subsequent blocks built on top, increasing transaction security and irreversibility with each new block.
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beginner
technical_analysis
Mining is the computational process of validating cryptocurrency transactions and securing blockchain networks by solving complex mathematical puzzles in exchange for newly created cryptocurrency rewards.
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