Bitcoin Block Time Chart - BitInfoCharts

Bean Cash cryptocurrency

Bean Cash is the first digital currency to implement a 20MB maximum block size. Bean Cash has a target block time of 60 seconds, with a confirmation time more than 10 times faster than Bitcoin. Bean Cash uses the energy efficient Proof of Stake method of consensus.
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"I see a lot of #Bitcoin maximalist saying that $ETH is dying from a clogged network. What? I thought that high fees, long confirmation times, and full blocks are a good thing???"

submitted by MemoryDealers to btc [link] [comments]

"I see a lot of #Bitcoin maximalist saying that $ETH is dying from a clogged network. What? I thought that high fees, long confirmation times, and full blocks are a good thing???"

submitted by unitedstatian to ethfinance [link] [comments]

"I see a lot of #Bitcoin maximalist saying that $ETH is dying from a clogged network. What? I thought that high fees, long confirmation times, and full blocks are a good thing???"

submitted by vegasbooty to Cryptoandme [link] [comments]

10-08 00:23 - 'That's why Satoshi created the 10 minute confirmation time. It allows for all the miners to agree on the next block. Block orphaning is a non-issue with long confirmation times. / There are also new block propagation pro...' by /u/juliushenkin removed from /r/Bitcoin within 127-137min

'''
That's why Satoshi created the 10 minute confirmation time. It allows for all the miners to agree on the next block. Block orphaning is a non-issue with long confirmation times.
There are also new block propagation protocols like Avalanche that help with that non-issue.
'''
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Author: juliushenkin
submitted by removalbot to removalbot [link] [comments]

Why can't bitcoin cash make confirmations themselves fast by adopting 15 second block times?

I'm still confused why the simples solution to improve Bitcoin as digital cash isn't being taken seriously. If you are ok with bigger blocks (which increases orphan rates), then why not faster blocks?
What were the actual counter arguments? I can't remember.
submitted by seweso to btc [link] [comments]

ELI5 or 6: Why is the Bitcoin full block issue being addressed by increasing the block size rather than increasing the block frequency, which would increase transaction data throughput while simultaneously reducing confirmation time?

ELI5 or 6: Why is the Bitcoin full block issue being addressed by increasing the block size rather than increasing the block frequency, which would increase transaction data throughput while simultaneously reducing confirmation time? submitted by Barkey_McButtstain to btc [link] [comments]

ELI5 or Six: Why is the Bitcoin full block issue being addressed by increasing the block size rather than increasing the block frequency, which would increase transaction data throughput while simultaneously reducing confirmation time?

ELI5 or Six: Why is the Bitcoin full block issue being addressed by increasing the block size rather than increasing the block frequency, which would increase transaction data throughput while simultaneously reducing confirmation time? submitted by Barkey_McButtstain to Bitcoin [link] [comments]

Video Game Giant Valve Announces They Will End Bitcoin Payments on Steam Due To High Fees and Long Block Confirmation Times

Video Game Giant Valve Announces They Will End Bitcoin Payments on Steam Due To High Fees and Long Block Confirmation Times submitted by Coinivore to btc [link] [comments]

Why can't bitcoin cash make confirmations themselves fast by adopting 15 second block times? /r/btc

Why can't bitcoin cash make confirmations themselves fast by adopting 15 second block times? /btc submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

"Bitcoin wallets mostly rely on luck for fast confirmation." -Why top bitcoin wallets prove block confirmation time is a myth

submitted by doodcoin to Bitcoin [link] [comments]

[uncensored-r/Bitcoin] Hash rate and block confirmation time took a nosedive. Anyone know why?

The following post by factorgraph is being replicated because the post has been silently greylisted.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7ul2tf
The original post's content was as follows:
[removed]
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

[uncensored-r/Bitcoin] BLOCK SIZE INCREASE NOW!!! FEES AND CONFIRMATION TIMES ARE RIDICULOUS. THIS IS NOT SUSTAINABLE.

The following post by HillaryGodhamClinton is being replicated because the post has been silently greylisted.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7kwvzk
The original post's content was as follows:
[removed]
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Why Top Bitcoin Wallets Prove Block Confirmation Time is a Myth -"Bitcoin wallets now mostly rely on luck for fast confirmation."

Why Top Bitcoin Wallets Prove Block Confirmation Time is a Myth - submitted by bitcoinik to btc [link] [comments]

Video Game Giant Valve Announces They Will End Bitcoin Payments on Steam Due To High Fees and Long Block Confirmation Times

Video Game Giant Valve Announces They Will End Bitcoin Payments on Steam Due To High Fees and Long Block Confirmation Times submitted by BitcoinAllBot to BitcoinAll [link] [comments]

12 Hours and still uncomfirmed. 25 blocks expected confirmation time, it started at 5. Why? /r/Bitcoin

12 Hours and still uncomfirmed. 25 blocks expected confirmation time, it started at 5. Why? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

10-04 12:12 - 'Am I looking for something different? I am seeing confirmation times of a few minutes right now: [link] / Ah.. BCC is BitConnect. But still there are lots of blocks: [link]' by /u/Fleischfabrik removed from /r/Bitcoin within 1-11min

'''
Am I looking for something different? I am seeing confirmation times of a few minutes right now: [link]1
Ah.. BCC is BitConnect. But still there are lots of blocks: [link]2
'''
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Author: Fleischfabrik
1: *lockdo*er.co*/ins*ght/b*o*k* 2: cha*nz*cr*ptoid.i*fo/b**/
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Now you can also P2P gamble using smart contracts. The oracle which also monitors Bitcoin blockchain posts pseudorandom numbers derived from Bitcoin block hash. A new number is posted every time a new Bitcoin block is mined and gets one further confirmation.

Now you can also P2P gamble using smart contracts. The oracle which also monitors Bitcoin blockchain posts pseudorandom numbers derived from Bitcoin block hash. A new number is posted every time a new Bitcoin block is mined and gets one further confirmation. submitted by TheRealCryptKeeper to ByteBall [link] [comments]

Has Bitcoin reached a block size crisis or are these reported confirmation times normal variation or quirks?

Excuse my ignorance, but I'm surprised that if we're in crisis, why has the relative value of Bitcoin shot up. Is the crisis overstated, or are the people buying unaware that one is happening?
submitted by nbr1bonehead to Bitcoin [link] [comments]

average block time chart - (not confirmation time) /r/Bitcoin

average block time chart - (not confirmation time) /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

With faster blocks on Ethereum, why do exchanges require so many more confirmations (and hence time) than with e.g. Bitcoin until your balance becomes spendable?

submitted by manfromnantucket1984 to ethereum [link] [comments]

ELI5 or Six: Why is the Bitcoin full block issue being addressed by increasing the block size rather than increasing the block frequency, which would increase transaction data throughput while simultaneously reducing confirmation time? /r/Bitcoin

ELI5 or Six: Why is the Bitcoin full block issue being addressed by increasing the block size rather than increasing the block frequency, which would increase transaction data throughput while simultaneously reducing confirmation time? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Can Bitcoin Unlimited buy coffee? Bitcoin block time is over 10 mins. 3 year ago when bitcoin block size wasn't full, I had to pay a very high fee and I had to wait for confirm more than 15 mins. We cannot wait for 15 mins to make a payment.

I know lightning network on Segwit can buy coffee for sure. But can Bitcoin Unlimited buy coffee? I very confuse.
Bitcoin block time is over 10 mins. 3 year ago when bitcoin block size wasn't full, I had to pay a very high fee and I had to wait for confirm more than 15 mins. We cannot wait for 15 mins to make a payment.
I think increase block size cannot make bitcoin as good as Visa and Mastercard, not even close.
submitted by Peaintania to Bitcoin [link] [comments]

What Are Bitcoin Blocks and Bitcoin Confirmations ? How To Accelerate & Confirm A Slow / Stuck Bitcoin ... 4th TIME IN HISTORY!!! BITCOIN BULLMARKET CONFIRMATION ... Rock The Block Live - YouTube Bitcoin Overreach, Crypto Postponed, Confirmation Time, Bitcoin Breakout & BitPanda + XRP

Average Confirmation Time The average time for a transaction with miner fees to be included in a mined block and added to the public ledger. 30 Days 60 Days 180 Days 1 Year 3 Years All Time Raw Values 7 Day Average 30 Day Average The average confirmation time for a Bitcoin transaction was 9.2 minutes in September 2020. This is much lower than the May 2019 peak of over 12 minutes. The effect of the longer transaction time ... Each additional confirmation is a new block being found and added to the end of the blockchain. ... There are lots of block intervals with a time less than 10 minutes but then a few block intervals much longer which bump up the average to 10 minutes. So the bitcoin network can get unlucky and a block won't be found for a whole hour. In a 10 minute interval, the probability of a block being ... In any case, the average time a Bitcoin transaction takes for confirmation is 10 minutes, and that’s because the Bitcoin’s block timing is 10 minutes. But this isn’t true every time because your Bitcoin transaction confirmation can take up to several hours and sometimes even days after you have made a transaction. Bitcoin Confirmation Time []. To answer the question "How Long Does It Take To Transfer Bitcoin" it needs to understand that bitcoin transaction confirmation time depends on many factors.The deeper a transaction is buried, the harder it will be to manipulate. Although 0/unconfirmed transactions could be reversed via Finney attack, race attack, or 51% attack, small amounts of money will not be ...

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What Are Bitcoin Blocks and Bitcoin Confirmations ?

How transactions are verified in Bitcoin Blockchain - Longest chain rule explained Watch our earlier Blockchain videos Blockchain Simplified: https://www.you... A short simplified tutorial about Bitcoin blocks and confirmations for newbies. For the complete text guide visit: http://bit.ly/2qDVVVW Join our 7-day Bitco... WOW! THIS HAPPENED 4 TIMES TO BITCOIN!!! AND EVERY TIME WE STARTED THE BULL MARKET! WOW! $502 FREE on our Trusted Exchanges! 🔶 Bybit: https://bit.ly/MMCrypto... Eugene shows you how to buy Bitcoin using the eToro platform. Watch our previous video in this series: ... Rock The Block Live Play all. 6:10. BOSCORE; An EOS Side Chain That You Should Pay ... https://www.bitcoinlifestyles.club In this video learn how to set the optimal miner fee so you get the fastest possible confirmation time for your bitcoi...

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