Networks and tokens

Confirmations

Also called: Block confirmations, Confirmation depth

The number of blocks added on top of the block containing a transaction; the deeper it is, the less likely it can be undone.

When a transaction is included in a block, it has one confirmation. Each block built after it adds another. A transaction a few blocks deep can still disappear in a chain reorganization; one many blocks deep, in practice, can't.

How many confirmations are enough depends on the network: block times, how its consensus works and how often it has reorganized. Platforms pick a depth per network and credit deposits only once they reach it.

On Valtu

Default depths:

NetworkA deposit is final at
Ethereum12 blocks
BNB Chain15 blocks
Polygon64 blocks
Base12 blocks
Lisk12 blocks
Tronthe solidified block
Bitcoin3 blocks

The values in force are what GET /v1/networks reports. Valtu also checks that each block links to the one before it, so a deposit whose block left the chain is never credited. Each network page shows its own depth.

Related terms

Keep reading.

More in networks and tokens: Testnet · EVM · Layer 2 · Smart contract · Contract address · Token decimals · ERC-20 · TRC-20 · BEP-20 · Stablecoin · USDT · USDC · Wrapped token. The whole glossary.

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