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Author Topic: Internet speeds and confirmation time?  (Read 597 times)
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April 13, 2014, 07:24:58 AM
 #1

Is there any relationship between global Internet speeds and transaction confirmation time?

For example, if a whole host of third-world countries relying on dial-up infrastructure suddenly decided to jump on the Bitcoin bandwagon, would the confirmation time slow down to a crawl since it would take more time for a transaction to be broadcast over the network?

And if Internet speeds become faster in the future due to emerging technologies like VDSL, then will the transaction confirmation time speed up?
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April 13, 2014, 07:26:38 AM
 #2

nope. The transaction sizes are very small. Even dial up would be lightning fast for the transaction sizes.


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April 13, 2014, 07:32:53 AM
 #3

Confirmation and network propagation are completely different things.

The rate at which transactions are confirmed is a function of total network hashrate versus current difficulty, which is retargeted to try to achieve a 10 min/block average.

Network propagation of a given transaction is a function of the number and connectivity of nodes.
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April 13, 2014, 07:42:34 AM
 #4

I have no trouble sending bitcoins using 3G in Kenya

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April 13, 2014, 08:11:01 AM
 #5

Because tx sizes are rather small you'd simply need to broadcast that transaction and even with crappy internet I doubt it would take very long to send < 1kB no matter where you are. Once broadcast provided your tx has enough priority it should be included in the next block - to put it simply internet speed has no bearing on confirmation times.
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April 13, 2014, 09:49:35 AM
 #6

I have no trouble sending bitcoins using 3G in Kenya


Nice to see there are people from Kenya. I really liked Maurice Odumbe. Sorry for being off topic Wink

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April 13, 2014, 10:27:55 AM
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I have no trouble sending bitcoins using 3G in Kenya


Nice to see there are people from Kenya. I really liked Maurice Odumbe. Sorry for being off topic Wink

There are people from worldwide, why especially kenya?
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