The block time of a
Bitcoin is approximately 10 minutes. This means that new blocks of transactions are added to the Bitcoin blockchain every 10 minutes, ensuring the security and stability of the network through a decentralized consensus mechanism.
7 answers
MountFujiView
Sun Dec 08 2024
Bitcoin operates on a unique principle where the average block time is crucial.
Rosalia
Sat Dec 07 2024
By doing so, the network maintains its integrity and security.
Martino
Sat Dec 07 2024
This average block time for Bitcoin stands at approximately 10 minutes.
HanjiArtist
Sat Dec 07 2024
The duration of 10 minutes serves a vital function in the network's operation.
isabella_bailey_economist
Sat Dec 07 2024
Additionally, this block time helps in preventing the double-spending problem.