What is ExitPay ? ExitPay is a third-party host which self-hosts a BTCPay Server instance and enables other users to register and use the server for free. While, third-party hosts provide an easy and cost-effective way for users to try…
Tag: Confirmation
Confirmation means that a transaction has been processed by the network and is highly unlikely to be reversed. Transactions receive a confirmation when they are included in a block and for each subsequent block. Even a single confirmation can be considered secure for low value transactions, although for larger amounts like $1000 USD, it makes sense to wait for 6 confirmations or more. Each confirmation exponentially decreases the risk of a reversed transaction.