3 ms·
> Bitcoin confirmation time unchanged in 10 months That's the problem with logarithmic scales; it's easy to make one that looks like it's showing something dif
by mootothemax 10y ago
> Bitcoin confirmation time unchanged in 10 months
That's the problem with logarithmic scales; it's easy to make one that looks like it's showing something different.
Try taking a look at average and median times when the scale is flipped to linear:
https://blockchain.info/charts/median-confirmation-time?daysAverageString=7 https://blockchain.info/charts/median-confirmation-time?days...
https://blockchain.info/charts/avg-confirmation-time?daysAverageString=7 https://blockchain.info/charts/avg-confirmation-time?daysAve...
Both highlight quite a spike in recent days.
- e98cuenc 10y agoBy "quite a spike" you mean a change from 8 min to 10 min in a value with a relatively high variance? That's a slight increase at best, and nothing here suggest anything else than the null hypothesis.
- mootothemax 10y ago>By "quite a spike" you mean a change from 8 min to 10 min in a value with a relatively high variance? Please don't put words in my mouth.
- Taek 10y agoThe average might be 40 minutes, but this can be heavily skewed by a small number of transactions with zero fees. A better graph would be "average fee of transactions confirmed after only one block".