Blog / Glossary / F / Finality

Finality

What crypto means by it

The point past which a payment cannot be reversed. Blockchains reach it in seconds to minutes, and after that no one, including the network, can undo it.

What you already know this as

Irrevocability. A cleared cheque, past the point where it can bounce.

Related terms

Confirmation On-chain transfer Chargeback

PreviousFiat NextFX markup

Decode with Kite

Paste the whole sentence and we will underline every term we recognise.

Or try: