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Author Topic: Question Re: Block Size and Time  (Read 1882 times)
Mikestang
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May 06, 2015, 11:46:43 PM
Last edit: May 07, 2015, 04:55:17 AM by Mikestang
 #21

There are a myriad of alt coins with varying lengths of time to solve blocks.  Bitcoin's time is 10 minutes, it's part of its backbone coding, it's not going to change.

Edit - Related article: https://medium.com/@octskyward/the-capacity-cliff-586d1bf7715e
virtualx
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May 07, 2015, 10:18:25 AM
 #22

There are a myriad of alt coins with varying lengths of time to solve blocks.  Bitcoin's time is 10 minutes, it's part of its backbone coding, it's not going to change.

Edit - Related article: https://medium.com/@octskyward/the-capacity-cliff-586d1bf7715e

You are right, but for the newbies: It's 10 minutes on average, the time to confirm may change. Be it 10 minutes, 15 minutes.. If the transaction time would be very short the confirmations would become meaningless  Smiley

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