Educational Byte: What Is Transaction Finality in Crypto, and Why Does It Matter?

This story was originally published on HackerNoon at: https://hackernoon.com/educational-byte-what-is-transaction-finality-in-crypto-and-why-does-it-matter.

Transaction finality in crypto refers to the point at which a transaction is considered irreversible on the network, but there's more. Let's find out!

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Transaction finality in crypto ensures irreversible transactions, critical for preventing double-spending and ensuring trust in digital exchanges, smart contracts, and DApps. While deterministic finality provides absolute certainty, probabilistic finality grows secure over time. Obyte uses DAG technology to achieve stable, irreversible transactions efficiently.