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Zero Confirmation

transaction · security

A transaction observed before any block has included it.

Also known as
zero-conf, 0-conf
1.general

A zero-confirmation transaction has been broadcast or observed but has not been included in a block. A node may have checked it against consensus and mempool policy, yet another valid conflict can still win confirmation.

2.risk

Risk depends on transaction value, goods delivered, propagation, conflicting spends, replacement policy, miner incentives, wallet detection, and the attacker's ability to obtain value before confirmation.

3.tools

Double-spend proofs, pre-consensus systems, merchant risk engines, and direct node monitoring can improve detection or confidence. They do not turn an unconfirmed transaction into a block-confirmed one.

Related terms

All terms and definitions may update as the Cryptionary improves.