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Questions tagged [block-inverval]

Questions concerned with the expected or actual time between the discovery of blocks.

4
votes
2answers
4k views

How many hashes are needed to solve a Monero block of difficulty 1?

For example, for ZCash, it takes, on average, 8192 hashes (aka "solutions") to solve a block of difficulty 1. That number is determined in the source code by a 256-bit target threshold (...
7
votes
2answers
577 views

When did Monero switch to 2 minute blocks?

When Monero was launched, it used a 1 minute block time. In the question Why was the block time changed from 1 to 2 minutes?, reasons for the switch were discussed. When, however, did this switch ...
5
votes
1answer
420 views

Can Monero ever have a 10 sec. block-time?

I wonder whether Monero could have a 10 sec. block-time like Ethereum. I imagine that would be beneficial for near instant transactions. Why can they, and why can't we?
3
votes
2answers
105 views

What would be reasons to further increase block time? [closed]

I saw in the discussion on the previous increase in block time that some people were suggesting 4 minutes. What would be good reasons to further increase block time in the future? Are there scenarios ...
6
votes
2answers
144 views

Ghost protocol for Monero?

Ethereum allows for an extremely low block time by keeping track of and rewarding miners of orphan blocks (uncles in Ethereum) thus including their work in calculating the longest chain. Is there ...
6
votes
2answers
127 views

How does block time depend on number of transactions and block size?

I've been browsing http://moneroblocks.info while waiting for my transaction to get through and noticed what seems to be a strong correlation between number of transactions in a block and block time: ...
5
votes
1answer
212 views

Will 2 minute block times discourage retail merchant adoption?

Waiting an average of two minutes for a transaction confirmation is a long time when there is a line of people at a checkout counter. This is particularly true when compared to nearly instant Visa/...
12
votes
1answer
152 views

Longest block time and standard deviation

Monero blocks are on average 2 minutes apart, but how much is the variation? What is the standard deviation of block times generation time? Can the above question be modeled as an exponential ...
14
votes
1answer
76 views

What security risks are associated with accepting Instant Transactions?

If a merchant decides to accept a Monero payment the moment it appears in the memory pool (before confirmation) what risks are being assumed? Based on the probability of these risks being exploited, ...
10
votes
2answers
110 views

Early Monero usage compared to Bitcoin

Has anyone done an analysis comparing Bitcoin usage its first two years compared to Monero usage in its first two years since launch? I see some statistics here http://moneroblocks.info/stats but ...
21
votes
2answers
3k views

Why was the block time changed from 1 to 2 minutes?

Faster block times lead to faster transaction confirmations. Why was the Monero block time changed from 1 to 2 minutes?