35 ms·

Any time you do a generalization, you are wrong.

• root_axis 7y ago
  Infinite recursion.
• Asmod4n 7y ago
  The Blockchain is the slowest and at the same time most energy hungry Datastore mankind has ever build. And in the case of bitcoin it's not fit for the job it was developed for.
  • yarrel 7y ago
    It was designed to help create a timestamp for blocks of transactions. It's doing that just fine for Bitcoin.
    • nosuchthing 7y ago
      There's no way for the blockchain to validate time stamping due to fluctuation in hash power and the nature of an adversarial network with untrusted data. What's been happening is blocktimes wildly fluctuate, anywhere from 20 seconds - 90 minutes + even though the software attempts to calibrate for 10 minutes.
      • jobigoud 7y ago
        He just means things are unequivoqually ordered in time, so each block is a time stamp. Not necessarily running at constant frequency as our other time keeping tools.