Lorenzo
Thu Dec 26 2024
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6 answers
1332
How long does a BTC block last?In the case of Bitcoin, the average block time is approximately 10 minutes. This time is necessary to maintain the integrity of the network, as it gives miners enough time to validate transactions and prevents the double-spending problem.
I want to know how long a BTC block lasts. I heard that the average block time for Bitcoin is around 10 minutes, which is important to keep the network secure by allowing miners to validate transactions and avoid double-spending.
AltcoinAdventurer
Mon Jul 08 2024
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7 answers
1548
What is bitcoin mining & transaction validation?
Could you elaborate on the process of Bitcoin mining and how transactions are validated? I'm curious to understand the technicalities behind this decentralized system. Specifically, how does the mining process work in terms of computational power and rewards? And how are transactions verified to ensure their legitimacy and prevent double-spending? I'd appreciate a concise yet thorough explanation that highlights the key aspects of Bitcoin mining and transaction validation.
