4 ms·
Two in a minute or one in hour averages out to 10; the difficulty adjusts itself to do so. However, I said "less than" 5 because difficulty has been increasing
by kang 11y ago
Two in a minute or one in hour averages out to 10; the difficulty adjusts itself to do so.
However, I said "less than" 5 because difficulty has been increasing and more blocks are less than 10 minutes than not.
- bduerst 11y agoWhile the difficulty is scaling it comes out to about seven and a half minutes per block, not five or below five. https://blockchain.info/charts/avg-confirmation-time?show_header=true&daysAverageString=7 https://blockchain.info/charts/avg-confirmation-time?show_he...
- kang 11y agoInteresting. Roughly 3,682,674 minutes have passed since its inception so expected blocks would be 368,267 whereas it is 391,933. Thus average should be less than 5. I guess due to low frequency of transactions the median is not the same as average.