{"id":13130,"date":"2022-04-08T04:10:25","date_gmt":"2022-04-08T04:10:25","guid":{"rendered":"http:\/\/egrowonline.com\/?p=13130"},"modified":"2022-04-08T04:10:25","modified_gmt":"2022-04-08T04:10:25","slug":"announcing-new-confirmation-requirements-the-coinbase-blog","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=13130","title":{"rendered":"Announcing new confirmation requirements &#8211; The Coinbase Blog"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<figure class=\"fx fz jr js jt ju ft fu paragraph-image\">\n<div role=\"button\" class=\"jv jw ct jx ea jy\">\n<div class=\"ft fu jq\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" class=\"ea jz ka\" src=\"https:\/\/miro.medium.com\/max\/1400\/1*HIVrq_o_dHjbX3drw8h8uA.png\" width=\"700\" height=\"394\" role=\"presentation\" \/><\/div>\n<\/div>\n<\/figure>\n<p id=\"b06a\" class=\"pw-post-body-paragraph kb kc it kd b ke kf kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky im fi\">Coinbase is reducing the number of <a target=\"_blank\" class=\"au kz\" href=\"https:\/\/help.coinbase.com\/en\/coinbase\/getting-started\/crypto-education\/glossary\/confirmations\" rel=\"noopener ugc nofollow\">confirmations<\/a> required for several assets on the platform. We expect this change to both improve customer experience and security posture.<\/p>\n<p id=\"6ff4\" class=\"pw-post-body-paragraph kb kc it kd b ke kf kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky im fi\"><strong class=\"kd iu\">What\u2019s changed<\/strong><\/p>\n<p id=\"415c\" class=\"pw-post-body-paragraph kb kc it kd b ke kf kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky im fi\">New confirmation requirements for <a target=\"_blank\" class=\"au kz\" href=\"https:\/\/www.coinbase.com\/price\/bitcoin\" rel=\"noopener ugc nofollow\">Bitcoin<\/a>, <a target=\"_blank\" class=\"au kz\" href=\"https:\/\/www.coinbase.com\/price\/litecoin\" rel=\"noopener ugc nofollow\">Litecoin<\/a>, <a target=\"_blank\" class=\"au kz\" href=\"https:\/\/www.coinbase.com\/price\/ethereum\" rel=\"noopener ugc nofollow\">Ethereum<\/a>, and <a target=\"_blank\" class=\"au kz\" href=\"https:\/\/www.coinbase.com\/price\/ethereum-classic\" rel=\"noopener ugc nofollow\">Ethereum Classic<\/a> pursuant to the table below:<\/p>\n<figure class=\"lb lc ld le gf ju ft fu paragraph-image\">\n<div role=\"button\" class=\"jv jw ct jx ea jy\">\n<div class=\"ft fu la\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" class=\"ea jz ka\" src=\"https:\/\/miro.medium.com\/max\/1400\/1*_vb-UIsjBNZ0h0E0O8GW4A.png\" width=\"700\" height=\"191\" role=\"presentation\" \/><\/div>\n<\/div>\n<\/figure>\n<p id=\"db79\" class=\"pw-post-body-paragraph kb kc it kd b ke kf kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky im fi\"><strong class=\"kd iu\">Why we made these changes<\/strong><\/p>\n<p id=\"d976\" class=\"pw-post-body-paragraph kb kc it kd b ke kf kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky im fi\">Confirmation requirements for assets are based on many factors. These factors change over time just like the assets themselves. To ensure a great customer experience, Coinbase continually evolves our security posture and periodically amends confirmation requirements.<\/p>\n<p id=\"ace3\" class=\"pw-post-body-paragraph kb kc it kd b ke kf kg kh ki kj kk kl km kn ko kp kq kr ks kt ku kv kw kx ky im fi\">For Bitcoin, Ethereum, Litecoin, and Ethereum Classic, it has been determined that confirmation requirements can be reduced. In practice, this means that deposits will be confirmed on Coinbase faster than before while still meeting a high bar for asset security.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/blog.coinbase.com\/announcing-new-confirmation-requirements-39449f49173c?source=rss----c114225aeaf7---4\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase is reducing the number of confirmations required for several assets on the platform. We expect this change to both improve customer experience and security posture. What\u2019s changed New confirmation requirements for Bitcoin, Litecoin, Ethereum, and Ethereum Classic pursuant to the table below: Why we made these changes Confirmation requirements for assets are based on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13131,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[43],"tags":[2357,7034,315,7032,7033],"class_list":["post-13130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-litecoin","tag-announcing","tag-blog","tag-coinbase","tag-confirmation","tag-requirements"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/04\/1HIVrq_o_dHjbX3drw8h8uA.png","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/13130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13130"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/13130\/revisions"}],"predecessor-version":[{"id":13132,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/13130\/revisions\/13132"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/13131"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13130"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}