Block Time
Author: Rubin
The approximate time required by a Blockchain based system to produce a new block is often termed block time. Factors such as transactions per second (TPS) plays a crucial role in determining the block time for any given Blockchain.
The completed block appears on the ledger as a verified copy for the transactional data while paying its way for a new block to sit on top, extending the chain. Increasing the size of the block significantly lowers the block time.
Although some propose it is ideal to keep a higher block time, as it provides adequate time to the systems connected in the decentralized platform to update for the new block.
Subscribe to receive Alpha!
Join 4.3k subscribers from renowned companies worldwide and get a weekly update in your inbox. Stay updated on the latest and finest projects and product updates.