What is the fastest block time?
Could you please explain to me what the term 'fastest block time' refers to in the context of cryptocurrency? Specifically, I'm curious about how it is measured and what factors contribute to a faster or slower block time? Also, are there any particular cryptocurrencies that are known for having the fastest block times, and how do they achieve this?
What is bitcoin block time?
Could you elaborate on the concept of "Bitcoin block time" in a concise manner? I'm interested in understanding the specific interval in which Bitcoin's network adds a new block to its blockchain. Does this time vary? If so, what factors influence its fluctuation? Also, how does the block time correlate with Bitcoin's transaction speed and scalability? I'm curious to know if a shorter block time would necessarily mean faster transactions or if there are other considerations to take into account. Thank you for your insights.