Monero transactions possess a unique characteristic: they are irreversible. This means that once a Monero transaction has been verified and included in a block by a miner, it cannot be undone.
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AltcoinAdventurerFri Apr 25 2025
The confirmation process in Monero involves miners, who are responsible for validating transactions and adding them to the blockchain. Once a transaction is confirmed, it becomes a part of the immutable ledger.
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ValentinaFri Apr 25 2025
If you have sent a Monero transaction and it has been confirmed by a miner, there is no mechanism in place to reverse it. This is a fundamental aspect of the Monero blockchain's design, which prioritizes security and immutability.
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WhisperInfinityThu Apr 24 2025
In such a scenario, if you want to retrieve the funds you sent, you will need to rely on the recipient's cooperation. They will have to voluntarily send the money back to you.
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CryptoGladiatorGuardThu Apr 24 2025
This irreversibility of transactions is one of the key selling points of Monero and other cryptocurrencies. It ensures that once a transaction is completed, it cannot be tampered with or altered in any way.