I'm curious about the reason why
Bitcoin blocks are specifically set to 10 minutes. I want to understand the rationale behind this design choice and how it impacts the overall functioning of the Bitcoin network.
7 answers
PulseRider
Fri Nov 29 2024
Maintaining the integrity of the network requires a specific period of time.
GalaxyGlider
Fri Nov 29 2024
This time allows miners to thoroughly validate transactions.
Martina
Fri Nov 29 2024
It ensures that each transaction is authentic and legitimate.
Eleonora
Fri Nov 29 2024
Block time plays a crucial role in preventing the double-spending problem.
BitcoinWizardry
Fri Nov 29 2024
Double-spending refers to the malicious act of spending the same digital asset twice.