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Network Confirmation

A network confirmation is evidence that a blockchain transaction has been included in an accepted block, with later blocks increasing settlement confidence.

Platforms often wait for a specified number of confirmations before crediting a deposit because a newly included transaction may still be reorganized under network rules. Required counts vary by asset, amount, congestion, and risk policy, and a broadcast transaction can remain pending if its fee is inadequate. Confirmation indicates ledger inclusion; it does not prove that the sender used the correct network, address, asset, or memo.

A confirmed transfer to an incompatible or unintended destination may be technically final and still unrecoverable.

Network Confirmation | Ohana Capital