An irreversible transaction refers to a transfer of value that cannot be undone once it has been recorded on the blockchain. This characteristic is fundamental to how cryptocurrencies operate.When a transaction is initiated, it is confirmed by a network of participants who validate and add it to the blockchain. After a certain number of confirmations, which ensure the transaction’s legitimacy and security, it becomes permanent.The inability to reverse a transaction serves as a safeguard against double spending and fraud. It encourages users to exercise caution and due diligence before sending funds, as errors, such as sending to the wrong address, cannot be corrected once completed.While this feature enhances security, it also introduces risks for users, emphasizing the importance of understanding how to manage digital assets safely.