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Question Re: Block Size and Time
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Topic: Question Re: Block Size and Time (Read 1882 times)
Mikestang
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Re: Question Re: Block Size and Time
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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Re: Question Re: Block Size and Time
May 07, 2015, 10:18:25 AM
#22
Quote from: Mikestang on May 06, 2015, 11:46:43 PM
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
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