Finality in the world of cryptocurrency & greater finance is one of the fundamental properties of sound money in trade and commerce. 

     Finality is a measure of the time between the submission of a transaction and its completion. More than that, finality specifically refers to the state of a transaction (after completion) where it is considered irreversible/immutable. 

example of finality in blockchain:
   Finality in Bitcoin is widely accepted as being 6 blocks (10min a block), so after 1 hour a bitcoin transaction is institutionally considered to be final.

example outside of blockchains:
    Finality is the greatest value proposition with Fiat/Cash money for the reason that it is instant; once you physically hand over the cash a transaction is arguable instantly considered finalized.

      Related Terms:



BTC: bc1qcskmel9llhrdqj3arxyqnennx4ashvfutlreyy
LTC: ltc1qa0fj4lcu5365rep50aza5fqqvx8ef0afemh6s5
ETH: 0x071D72dbc48ad2Fe35daE256eCF0834C5dde688c
DASH: XgXHqVyJiQNdVVszH9cnqCP4uWcP8tVxdK
BNB: bnb1mau4j8kry0jgw45ufy69hvhd0k04llet8fk2p6

Welcome To The Crypfo Initiative!

There was an error while trying to send your request. Please try again. will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Join the Leaders of the Digital Economy.
Gain Access to Specialized Crypto Asset Insight before anyone else.