1/4 Confirmation is a crucial aspect of crypto transactions. It refers to the number of times a transaction is validated by the network before it is considered final. The more confirmations a transaction has, the more secure it is.

2/4 In Bitcoin, for example, it typically takes 6 confirmations for a transaction to be considered irreversible. This means that once a transaction has 6 confirmations, it is practically impossible for it to be reversed or double-spent.

3/4 Confirmations are important because they help prevent fraud and ensure the integrity of the blockchain. Without confirmations, it would be easy for someone to spend the same coins twice, leading to chaos and confusion on the network.