How a Blockchain Transaction Works
From hitting "send" to the coins arriving: signing, broadcasting, inclusion, and confirmations. Understanding it prevents costly mistakes.
The Four Steps
- Sign: your wallet signs the transaction with your private key, proving you authorized it. 2) Broadcast: it is sent to network nodes. 3) Inclusion: a miner/validator puts it into a block. 4) Confirmations: the block is added to the chain, and each subsequent block is one more "confirmation" — more confirmations, more irreversible.
Why Transfers Are Irreversible
Once confirmed, no "support" can reverse it. So: test with a small amount first, double-check the address (copy-paste and verify the first/last characters), and confirm the chain/network matches (do not send ERC-20 to a TRC-20 address). Mistakes are essentially unrecoverable.