Definition ∞ Transaction Revoke refers to the ability to cancel or reverse a digital asset transaction after it has been initiated but before it is permanently recorded on a blockchain. While true immutability is a core feature of many blockchains, some protocols or intermediary systems offer mechanisms for limited reversal under specific conditions. This functionality is often debated for its implications on finality and security.
Context ∞ The concept of Transaction Revoke in digital asset systems is a contentious topic, often clashing with the foundational principle of blockchain immutability. Discussions frequently arise in the context of fraud prevention, error correction, and regulatory compliance, particularly for centralized exchanges. Most decentralized protocols do not support true revocation, emphasizing the need for careful transaction verification before submission.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
