What does EST stand for in the context of digital currencies?

3 answers

• Jan 15, 2022 · 3 years ago
  EST stands for Estimated Security Time in the context of digital currencies. It refers to the estimated time required to secure a transaction on the blockchain network. This time is calculated based on factors such as network congestion, transaction fees, and the computational power of the network. EST is important because it helps users understand how long it might take for their transactions to be confirmed and added to the blockchain.
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• Jan 15, 2022 · 3 years ago
  EST is short for Estimated Security Time in the world of digital currencies. It's a measure of how long it might take for a transaction to be securely confirmed on the blockchain. The actual time can vary depending on network conditions, but EST gives users an estimate of the expected wait time. It's an important metric for users to consider when sending or receiving digital currency.
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• Jan 15, 2022 · 3 years ago
  In the context of digital currencies, EST stands for Estimated Security Time. It's a measure of how long it might take for a transaction to be confirmed on the blockchain network. The actual time can vary depending on factors such as network congestion and transaction fees. It's important for users to be aware of the EST when making transactions to ensure timely confirmation and avoid delays.
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