Sentences with phrase «average block time»

Bitcoin's blockchain processes a block of transactions roughly every 10 minutes, but Bitcoin Cash average block times are an hour (sometimes with no blocks for 13 hours).
Ethereum Classic still has all the same specifications as Ethereum, such as average block time, reward and size, and offers the same features, such as the creation and deployment of smart contract and Decentralized applications.
Bitcoin's blockchain processes a block of transactions roughly every 10 minutes, but Bitcoin Cash average block times are an hour (sometimes with no blocks for 13 hours).
With an average block time of two minutes, users can mine the coin casually using the spare computing power of their home PC.
This information is confirmed in blocks, and Bitcoin has an average block time of somewhere between 8 to 9 minutes (at the time of writing).
A notable difference is that Litecoin reduced the average block time, ultimately making transactions quicker and less costly than its predecessor.
With an average block time of two minutes, users can mine the coin casually using the spare computing power of their home PC.
Litecoin was the first to adopt the Lightning Network and was made famous for decreasing the average block time (compared to Bitcoin) by more than seven minutes.
With Litecoin, the average block time is two and a half minutes.
With its «always on» privacy settings and an average block time five times faster than Bitcoin, Monero is poised to become the breakout cryptocurrency for privacy - minded individuals in the future.
With an average block time five times faster than Bitcoin's, and a fully anonymous privacy ranking, Monero is in a unique position to deliver a truly valuable alternative to fiat currency.
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