Warfarin blocks an enzyme the body uses to recycle vitamin K. The body needs vitamin K to finish making several clotting proteins so they can work. With less recycled vitamin K, fewer working clotting proteins are made, and blood takes longer to clot. It also lowers proteins C and S, two natural proteins that help keep clotting in check.
Some blood-thinning effect usually starts within 24 hours, but the full effect can take 72 to 96 hours. A single dose keeps acting for 2 to 5 days, so the effect builds as daily doses overlap and lingers after the last one. Other drugs, changes in diet, and other factors can change how strongly it works. Because it slows clotting, its main danger is bleeding, which can be major or fatal.