This helped me redeem my BCH, thanks! Why are there more confirmations needed? (Assuming it's the block sizes)
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This helped me redeem my BCH, thanks! Why are there more confirmations needed? (Assuming it's the block sizes)
It's a number of reasons, but yes, that and it's still experimental so they aren't really sure there's enough mining power to have a secure chain yet. If you send a bunch of BCH to an exchange and then there's a fork, they might be out that money. 20 confirmations assures they have a nice long chain before they credit your account.