Crypto Transaction Confirmation Explained

A crypto transaction confirmation is a process by which a transaction on a blockchain network is verified and added to the blockchain. This process is necessary to ensure the blockchain's integrity and immutability and prevent the double-spending on cryptocurrency. When a user initiates a transaction, it is broadcast to the network and grouped with other transactions into a "block." This block is then added to the blockchain by a process called "mining." Miners use powerful computers to solve complex mathematical…