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Small fix for BTC definition in vocabulary

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Saivann 2013-04-16 04:28:51 -04:00
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@ -32,7 +32,7 @@ title: Vocabulary - Bitcoin
<p>A block is a <b>record in the blockchain that contains and confirms many waiting transactions</b>. Roughly every 10 minutes on average, a new block including transactions is appended to the <a href="#blockchain">blockchain</a> through <a href="#mining">mining</a>.</p>
<h2><a name="btc">BTC</a></h2>
<p>BTC is the common unofficial unit of Bitcoin currency. It can be used similar to USD for US dollar instead of B⃦ or $.</p>
<p>BTC is the common unit of Bitcoin currency. It can be used similar to USD for US dollar instead of B⃦ or $.</p>
<h2><a name="confirmation">Confirmation</a></h2>
<p>Confirmation means that a transaction has been <b>verified by the network and is highly unlikely to be reversed</b>. One confirmation is pretty secure. Though for larger amounts ( ex. 1000 $USD and above ), one can wait for a transaction to have more confirmations - 6 is a frequently chosen number. Each new confirmation decreases the risk of a reversal exponentially.</p>