Eternal block time: Understanding the 10-minute rule of Ethereum
Ethereum, the second largest cryptocurrency after market capitalization, was offered for its scalability and high -performance skills. However, one of the key factors that contribute to a slow average network block of about 10 minutes is a compromise between two competitive priorities: security and permeability.
In this article we will get involved in the concept for a block time from Ethereum and what we keep after 10 minutes despite a rich wish for faster speeds.
What is the block time?
The block time affects the average interval between creating a new block in the Ethereum network. This interval represents the time that is required to check the transactions, create a new block and transferred to all nodes in the network. Depending on the factors such as the number of miners who compete for blocks, the block time can vary the complexity of each transaction and the overall network overload.
10-minute rule: first security approach
The average block of the Ethereum block is a deliberate selection of the construction, which prefers the safety of permeability. The idea of this rule is to prevent the miners from using the network by creating a non -sustainable number of new blocks in a short time, which leads to overloading and reducing the overall safety of the system.
In 2016, Vitalik Buterin, one of Ethereum’s CO, performed a hard fork who created a new mutual algorithm named Ethash. This change increased the block time from approx. 12 minutes to an average of 10 minutes. The main advantages of this decision were:
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- improved security : Increased block time makes it difficult to use the network by creating a non -sustainable number of new blocks.
- Better computer energy distribution : A harder fork enabled to compete with another algorithm, which led to a more balanced distribution of computer sources.
What holds the block after 10 minutes?
What exactly does the Ethereum block keep after 10 minutes? Several factors have contributed to this duration in recent years:
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- Algorithmic simplicity : The ethash algorithm used in the network is relatively simple and efficient. It is therefore more difficult for miners to compete with each other.
rich and slow
While some claim that a higher block time would enable faster speeds and greater scalability, there is a different perspective: what about the rich? In fact, a slower block time can be an advantage for people with a high value, who in particular appreciate security and stability.
By investing in Ethereum or other cryptoms with longer blocks, these people can:
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- ** Avoid vulant prices
After all, the 10-minute average block of the E-E-block is a deliberate selection of the design that favors security compared to permeability.
