Finality is a crucial concept in blockchain technology. It refers to the point at which a transaction is considered irreversible and permanent. In the context of a crypto/fiat exchange like ChicksX, finality ensures that once a transaction is completed, it cannot be undone or changed. This is important for maintaining trust and security within the exchange platform. Different blockchains achieve finality through various consensus mechanisms, such as Proof of Work or Proof of Stake. Understanding finality helps users comprehend the reliability and security of their transactions on the blockchain.
Finality
Finality
Last Updated: January 11, 2026
Finality is the assurance that a transaction cannot be reversed or altered in blockchain.