block confirmation Archives - Coin Guides Mon, 30 Dec 2024 11:08:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://coinguides.org/wp-content/uploads/2018/01/cropped-favicon-32x32.png block confirmation Archives - Coin Guides 32 32 What Lock Time means in Bitcoin transaction: LockTime: Block height, Date? https://coinguides.org/bitcoin-lock-time/ https://coinguides.org/bitcoin-lock-time/#comments Wed, 06 Jan 2021 10:21:25 +0000 https://coinguides.org/?p=4674 Upon constructing a Bitcoin transaction on electrum and core Bitcoin wallet you’ll find this option called Lock Time. On core wallet it gives an option to choose confirmation time target for your transaction. Whereas on electrum you can specify the block time and date. On most transactions you do not need to make use of …

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]]> https://coinguides.org/bitcoin-lock-time/feed/ 2 What is Bitcoin Reorg? Is it really possible to reorg Bitcoin blockchain? https://coinguides.org/bitcoin-reorg-explained/ https://coinguides.org/bitcoin-reorg-explained/#respond Thu, 09 May 2019 12:49:27 +0000 https://coinguides.org/?p=3815 Binance, a leading cryptocurrency exchange has recently suffered a large scale security breach which resulted in a loss of 7000 Bitcoin. At current price its around 43 Million USD. Not sure whether if it is really got hacked or not; which is another story. But anyways Binance said that none of the users are affected …

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]]> https://coinguides.org/bitcoin-reorg-explained/feed/ 0 What are Block Rewards? How Bitcoin mining block rewards work? https://coinguides.org/bitcoin-block-rewards/ https://coinguides.org/bitcoin-block-rewards/#respond Mon, 25 Mar 2019 14:46:10 +0000 https://coinguides.org/?p=3574 Previously on Coin Guides we’ve explained Bitcoin confirmations, Bitcoin mempool, Block height, transaction hash ID and many others. Here in this article we’re going to explain what a Block reward is and how the Bitcoin miners are rewarded for finding a block? This post applies not only to Bitcoin but any crypto currencies that are …

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]]> https://coinguides.org/bitcoin-block-rewards/feed/ 0 Monero balance (locked) and unlocked balance in GUI & CLI wallet explained https://coinguides.org/monero-balance-locked-unlocked/ https://coinguides.org/monero-balance-locked-unlocked/#comments Sun, 25 Nov 2018 12:25:17 +0000 https://coinguides.org/?p=3397 Monero (XMR) is a decentralized, private, secure and untraceable cryptocurrency that is freely available to everyone. There are many vendors accepting cryptocurrencies and Monero being a top privacy coin you can use it to buy goods and services. Unlike traditional currency; Monero remains completely in your control and in your wallet. You are your own …

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]]> https://coinguides.org/monero-balance-locked-unlocked/feed/ 2 Transaction Hash ID (TXID) – What is it & how to find the transaction ID https://coinguides.org/transaction-id-txid-tx-hash/ https://coinguides.org/transaction-id-txid-tx-hash/#comments Tue, 13 Nov 2018 15:18:55 +0000 https://coinguides.org/?p=3342 Have you just made a payment and the recipient is asking for the “transaction hash”? Whether you pay in Bitcoin, Ethereum, Litecoin or Monero; often times the merchant will ask you for the hash or the transaction ID as a proof of payment. There are other scenarios as well where a third party wallet service …

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]]> https://coinguides.org/transaction-id-txid-tx-hash/feed/ 4 What is SUQA & how to mine SUQA? – Mining X22i algorithm (NVIDIA / AMD) https://coinguides.org/suqa-cryptocurrency-mining-guide-x22i/ https://coinguides.org/suqa-cryptocurrency-mining-guide-x22i/#comments Fri, 09 Nov 2018 12:54:41 +0000 https://coinguides.org/?p=3303 It’s been so long since we made a coin mining guide. A lots of New altcoins are being announced on Bitcoin talk every single day. But not all of them seems promising. Most projects are just of clone of another coin that have no real value or vision. In such space finding a coin with …

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]]> https://coinguides.org/suqa-cryptocurrency-mining-guide-x22i/feed/ 1 What is Block Height in cryptocurrency? Blockchain height explained https://coinguides.org/block-height/ https://coinguides.org/block-height/#respond Wed, 10 Oct 2018 09:51:42 +0000 https://coinguides.org/?p=3139 How many times have you come across this occurrence where the developer of a coin tells you to update wallets before a specific block height? Whether there is a minor update or there is a hard fork about to happen in the network; the development team first announces the block height at which the implementation …

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]]> https://coinguides.org/block-height/feed/ 0 Immature, Confirmed and Cleared blocks / balance / coins – Explained https://coinguides.org/immature-confirmed-cleared/ https://coinguides.org/immature-confirmed-cleared/#comments Sat, 06 Oct 2018 13:09:18 +0000 https://coinguides.org/?p=3120 The stats page of mining pool contains a lots of numbers and percentages which are changing frequently. It will be quite difficult for beginners to figure out what is what. This is why along with mining and other coin guides we are also publishing guides explaining mining pools. So far we’ve explained about Suprnova mining …

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]]> https://coinguides.org/immature-confirmed-cleared/feed/ 2 Bitcoin Confirmations – All you need to know about block confirmations https://coinguides.org/confirmations/ https://coinguides.org/confirmations/#respond Sun, 16 Sep 2018 09:09:49 +0000 https://coinguides.org/?p=2993 Whether you send Bitcoin or receive Bitcoin; the status of your transaction will initially remain “unconfirmed”. Once the transaction is verified and successfully included in the blockchain the status will then change to “confirmed“. In Bitcoin; for the “unconfirmed transaction” to become “confirmed” that is to get 1 confirmation it will take about 10 minutes. …

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