Confirmation vs Receive
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
fundamentals
Receive refers to accepting cryptocurrency sent to your wallet addresses. This involves sharing your address with senders, who create transactions transferring value to that address, with received funds becoming spendable once transactions confirm on the blockchain.
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