Why Is Transaction Finality Important for a Decentralized Exchange? ▴ Learn

Why Is Transaction Finality Important for a Decentralized Exchange?

Transaction finality refers to the guarantee that once a transaction is confirmed on the blockchain, it cannot be reversed, altered, or canceled. For a DEX, strong finality is crucial because it ensures that trades are settled securely and permanently, preventing double-spending or malicious manipulation of trade outcomes.

Without finality, the exchange's trustworthiness is compromised.

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