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Author Topic: What is up with this chart? time to confirm  (Read 938 times)
420 (OP)
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August 01, 2012, 03:31:55 AM
 #1

http://blockchain.info/charts/avg-confirmation-time

it was instant at the beginning of this year?

why

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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August 01, 2012, 03:49:22 AM
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no data available.
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August 01, 2012, 04:10:43 AM
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oh. this site is new?

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August 01, 2012, 04:17:57 AM
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the site isn't that new but they haven't always been collecting that data.  due to the "looseness" of timestamps in bitcoin protocol to get accurate data a node needs to record this in realtime.
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