4 ms·
I quote from the link [1] you posted: > To be clear, the respective blockchains will confirm blocks as normal and are not controlled by Binance. For the faster
by jakopo87 5y ago
I quote from the link [1] you posted:
> To be clear, the respective blockchains will confirm blocks as normal and are not controlled by Binance. For the faster service, the exchange is accepting a reduced number of confirmations as sufficient to alter wallet balances within its own systems.
Binance and Coinbase on their own nodes can choose a lower number of blocks for confirmation but the network may reject it later, if that's the case they will have to put the transaction in another block to be mined.