Glossary term

Confirmation Time

Refers to the time between the moment a transaction is submitted to the network and the moment it got recorded into a confirmed block.

  • Updated April 19, 2022
  • First published April 19, 2022
  • Reading time 1 minute

Definition

Understand the fundamentals, context, and nuances behind this term.

Refers to the time between the moment a transaction is submitted to the network and the moment it got recorded into a confirmed block.