Bitcoin transactions become increasingly costly to reverse as proof-of-work confirmations accumulate, rather than reaching an instant legal-style final state.
Bitcoin transactions become increasingly costly to reverse as proof-of-work confirmations accumulate, rather than reaching an instant legal-style final state. This coordinate is placed in the wider system through its protocol, economic and historical relationships.
Understanding Probabilistic settlement finality helps distinguish a verifiable Bitcoin mechanism or historical record from slogans, products and market narratives.
Linked to related atlas coordinates
Grounded in a source record
Explains function and trade-offs
Part of the open Bitcoin knowledge graph