Toward a 12-second Block Time

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By Ethereum Foundation Blog
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Article Summary

One of the annoyances of the blockchain as a decentralized platform is the sheer length of delay before a transaction gets finalized. One confirmation in the Bitcoin network takes ten minutes on average, but in reality due to statistical effects when one sends a transaction one can only expect a...

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Published:July 11, 2014 at 03:52 PM
Source:Ethereum Foundation Blog
Category:Crypto
Reading Time:~2 min on source

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