This an abbreviation for the the length of time it takes from cryptographic token to pass from one account to another. This is normally quoted in minutes. However may Proof of Stake systems implement zero confirmation times by using Masternodes.

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A cryptocurrency is a form of digital money or assets that is secure by cryptography. Bitcoin is accepted as the first cryptocurrency which functions in decentralised manner, meaning that a central “clearing house” in traditional banking or trading terms is not required to verify that an account holder owns an asset. A good way of… Read More »

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